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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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Volkswagen to Become World’s Largest EV Manufacturer by 2028

Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […]

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KERC favours BESCOM in Tariff Dispute With Emmvee Solar

In an order that was published yesterday, the Karnataka Electricity Regulatory Commission  has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs  9.56 as per the PPA it signed with BESCOM on 27.02.2016, […]

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Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval

Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC). The tender […]

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Enel Starts Operation of 475 MW of Solar Capacity in Brazil

Enel Group’s Brazilian renewable subsidiary has started operations of the 475 MW section of São Gonçalo solar PV plant in the northeastern state of Piauí The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participações Ltda. (EGPB) has started operations of the 475 MW section of São Gonçalo solar PV plant, located in […]

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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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IEA Launches its First in-Depth Review of India’s Energy Policies

The International Energy Agency (IEA) in partnership with NITI Aayog has recently released its first in-depth review of India’s energy policies. The International Energy Agency (IEA) has, in partnership with NITI Aayog, recently released its first in-depth review of India’s energy policies. The report highlights the achievements of India’s energy policies and provides recommendations to […]

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Indore Smart City Seeking Consultant for 100 MW Solar Plants

The Indore Development Limited (ISCDL) has issued a tender seeking consultant for 100 MW solar plants at various locations. The Indore Development Limited (ISCDL) has issued a tender, seeking a consultant for 100 MW floating/ ground-mounted/ rooftop solar PV power plants at the Yashwant Sagar Dam Reservoir, Jalud Water Pumping Station and various locations. The […]

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NTPC Tenders for O&M of 50 MW Solar Project in Madhya Pradesh

NTPC Ltd has issued a tender for undertaking the O&M services for its 50 MW solar power project in Madhya Pradesh for a period of 1 year. NTPC Ltd has issued a tender, inviting bids from eligible bidders for undertaking the operation and maintenance (O&M) services for its 50 MW grid-connected solar power project in […]

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