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Electricity Act

Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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India Finally Investing More in Solar than Coal: IEA

Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […]

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Adani Green Energy Offers 8.75 Crore Shares For Sale

Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […]

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Four Renewable Energy Companies Show The Way in Cape Town

South Africa’s Cape Town’s clean energy ambition needs an overhaul and according to South Africa outlet, these 4 companies are one to watch out for. South Africa’s famous city, Cape Town has set an ambitious goal of having renewable power account for 20% of its energy mix by 2020, which a number of companies will […]

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The Case for the benefits of Rooftop Solar for Discoms

Energy and environment think tank, The Energy and Resources Institute (TERI) recently published an article  highlighting the positive impact rooftop solar can have on the countries struggling discoms, which have arguably been among the leading causes for the slow adoption of solar rooftop solutions. India has committed to 175 GW of Renewable Energy by 2022. […]

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Fortum Plans to Foray into more Indian Cities with Higher per Capita Income

The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […]

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Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs

This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […]

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SOLshare’s Nano Grids Work In Bangladesh. Opportunity Awaits

Dr Sebastian Groh, the Founder of SOLShare might have started the firm to prove a point to detractors. But now, the innovative firm has acquired a life of its own, spreading out with its nano grids to Bangladesh, and soon, India too. The story of Dhaka-based SOLShare is as interesting as one can think of. […]

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Draft Model Regulations For Distributed Renewable Energy Sources Issued by FoR

The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. According to the forum, the discoms will implement a web-based application processing system for handling the applications for distributed renewable energy systems within three months from the date of notification of […]

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