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We are Mulling for Series of Capacity Building, Training Programs for All Stakeholders in Chattisgarh

We are planning for a series of capacity building and training programs for all stakeholders on site selection, pre-feasibility, regulations, procedures, etc. as per solar rooftop regulation. Awareness programs for all sectors of electricity consumers for awareness and benefits of the solar rooftop are also planned. Rooftop is the highest potential sector in the state […]

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MNRE Issues Guidelines for Wind Power Procurement from 2.5 GW ISTS Projects

The Ministry of New and Renewable Energy (MNRE) has issued guidelines for implementation of ‘scheme for a tariff-based competitive bidding process for procurement of renewable energy power from 2500 MW ISTS connected blended wind power projects’. The government has implemented the scheme for procurement of power at a tariff discovered via a transparent process of […]

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How India has Become the World’s Largest Clean Energy Auction Market: BNEF

BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […]

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AutoGrid’s Flex Platform Helps Sunrun to manage its Residential Batteries’ Fleet

AutoGrid, a leading flexibility management software provider, has entered into a partnership with Sunrun to provide AutoGrid Flex™ Virtual Power Plant (VPP) software to help manage the latter’s growing fleet of residential batteries across the United States. Sunrun, founded in 2007, is one of the leading home solar, battery storage, and energy services company. Further, […]

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Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra

Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […]

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World Bank Approves $750 Mn Credit to Help the Power Sector in Nigeria

World Bank has approved the PSRO of USD 750 million in IDA credit to improve the reliability of electric supply and enhance the overall power sector in Nigeria. The World Bank Board of Directors approved the Power Sector Recovery Operation (PSRO) of USD 750 million in International Development Association (IDA) credit to improve the reliability […]

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Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power

USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […]

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CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities

With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as  it […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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