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Tata Power Reports Q3 Results, Strong Showing by Renewables Biz

Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut

The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […]

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Corporate Renewable PPAs in India may Increase in 2021: Report

A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […]

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Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA

Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […]

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ConnectDER Granted U.S. Patent for Leading Plug & Play Distributed Energy Resource Connection

ConnectDER, the innovative company that enables utilities and homeowners to expand access to distributed energy resources, has received a patent for innovations to their ‘plug and play’ solutions for distributed energy resources (DER’s). The patent is for a reinvention of the standard utility power meter; one that combines the ubiquitous metering and communications of a “smart […]

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GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects

Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […]

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RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations

The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […]

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