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electricity Act

CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project

The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […]

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IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy

In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […]

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ISGF Paper Proposes new Revenue Opportunites For Electric Utilites

A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […]

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Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA

Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […]

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Heineken to be Carbon Neutral in Production by 2030, Full Value Chain by 2040

HEINEKEN today announced a new ambition to decarbonise its own production by 2030 and its full value chain by 2040. This is the first in a series of refreshed Brew a Better World ambitions, which form an important part of the company’s new EverGreen balanced growth strategy. “In this Decade of Action1, we are committing to accelerating our actions […]

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […]

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Facebook Ties up With CleanMax for 1st Renewable Energy Project in India

Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […]

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MERC Clarifies That Green Energy Tariff To Be Treated As Tariff Income In Mumbai

The Maharashtra Electricity Regulatory Commission, has issued an ‘Errata’ order for its earlier order (case 134 of 2020 on March 22) allowing Tata Power company (TPC-D), one of the three Mumbai discoms, to provide ‘green tariff at a 66 paise premium to customers. The new order makes it clear that the premium being charged for […]

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Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA

Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […]

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