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MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023

MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […]

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India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari

Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […]

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Facebook Signs PPA to Purchase Power From Apex’s 300 MW Wind Project

Apex Clean Energy has executed a PPA with Facebook for approximately 170 MW of renewable power from its 300 MW Lincoln Land Wind project in Illinois. Apex Clean Energy has announced that Lincoln Land Wind has executed a power purchase agreement (PPA) with Facebook for approximately 170 MW of renewable power from the Illinois-based wind […]

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CERC Approves Tariff for 480 MW Solar PV Projects

SECI’s trading margin of Rs.0.07/kWh has also been approved The Central Electricity Regulatory Commission (CERC) has approved a petition filed by the Solar Energy Corporation of India (SECI) for approval of power purchase agreement (PPA) tariff and SECI’s trading margin for sale of power from 480 MW grid-connected solar PV projects. The power will be […]

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Mercedes-Benz and CATL Expand Partnership on EV Battery Technology

Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […]

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J-Power, SPDI, Avondale & AP Solar to Develop 400 MW Solar Project in Texas

J-POWER USA, SPDI, Avondale Solar and AP Solar have agreed to jointly develop Charger Solar, a 400 MW ac solar project located in Refugio County, Texas. J-POWER USA, a subsidiary of Tokyo-based J-Power, Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable,  Avondale Solar and AP Solar, a joint venture company between Plus and Avondale, have […]

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Bosch Signs 3 Long-Term Agreements to Procure Solar Power

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […]

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