SUBSCRIBE NEWS LETTER

Electricity Act

Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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Solar Rooftop Firm Zunroof Launches Range of Smart Home Devices

Solar rooftop solutions provider Zunroof has announced its entry into the Smart Homes Category with the consumer launch of its ‘zunpulse’ smart devices Gurugram-based solar rooftop solutions provider Zunroof has announced its entry into the Smart Homes Category with the consumer launch of its new range of ‘zunpulse’ smart devices, with a single app to […]

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200 MW Solar Park Launched in West Bengal by Chief Minister

Chief Minister Mamata Banerjee has launched a 200 MW solar energy park in West Bengal with a total investment of Rs 1200 crore. Chief Minister Mamata Banerjee has launched a 200 MW solar energy park in West Bengal with a total investment of Rs 1200 crore that will also entail major employment opportunities in the state. The project involves foreign funding by way of debt […]

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PG&E Launches Portable Battery Program for Income Qualifying Customers

PG&E has launched the Portable Battery Program (PBP) that provides no-cost backup portable batteries for eligible income-qualified customers who live in high fire-threat districts (HFTD) and are enrolled in the Medical Baseline program. As the fire season is upon the American west coast and the uncertainty of the pandemic continues to unfold, Pacific Gas and […]

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Rs 3300 Cr Loan Released for Andhra Pradesh Power Sector

The Central Government has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector under the second tranche of the Atmanirbhar Loan. The Central Government has announced that it has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector. The loan will fall under the second […]

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India’s Renewable Energy Sector is Still Primed for Growth: IEEFA

While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […]

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Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in

Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […]

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Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind

In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […]

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Verizon Prices Second Green Bond, to Fund Renewable PPAs

Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […]

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