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IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition

IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […]

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DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations

DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […]

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RfP for Transmission System for Evacuation of Power from SEZ in Rajasthan

REC seeking Transmission Service Provider to establish transmission system for the evacuation of power from SEZ in Rajasthan under phase II The Ministry of Power has appointed REC Transmission Projects to be the Bid Process Coordinator (BPC) for the purpose of selection of bidder as Transmission Service Provider (TSP) to establish transmission system for transmission […]

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Fitch Ratings Bumps Up IREDA Credit Ratings

Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […]

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IESA & UNIDO Partner to Promote Innovations in Energy Storage in India

IESA has partnered with UNIDO for FLCTD Innovation Challenge for technology innovation in beta deployment of energy storage in India India Energy Storage Alliance (IESA) has announced that it has partnered with the United Nations Industrial Development Organization (UNIDO) for “Facility of Low Carbon Deployment” (FLCTD) Innovation Challenge for technology innovation in the beta deployment […]

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Roadmap Launched for Future Deployment of Energy Storage Technology

The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […]

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IIT Kanpur Establishes Department of Sustainable Energy Engineering

IIT Kanpur has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and renewable energy sector IIT Kanpur has announced that it has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and […]

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Delhi Govt Launches EV Forum; Discusses Roadmap for Bicycle Subsidies

Delhi govt has launched the state EV Forum, a collective platform that will assist in the successful implementation of the EV policy. The state government of Delhi recently launched the Delhi EV Forum, a collective platform that the AAP government expects will be a medium for steered discussions with key stakeholders, and further assist in […]

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Orient Cement Goes With AMP Energy For Captive Renewable Generation

Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […]

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