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TERI Suggests Key Allocations and Policy Signals for Union Budget

TERI has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget For The Energy and Resources Institute (TERI), green is the only way to go as it has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget on February […]

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The Solar Rush in the Middle East Picks Pace

Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected  to expand to 3,000 MW, with a target to supply the  Dubai Electricity and Water Authority (DEWA) […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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Nagpur Municipal Corp Tenders for 40 Electric Buses Again

Nagpur Municipal Corp has re-issued its RfP for the selection of bus operator for the procurement of 40 electric buses and related charging infrastructure The Nagpur Municipal Corporation (NMC) has re-issued its Request for Proposal (RfP) for the selection of bus operator for the procurement of 40 electric buses and related charging infrastructure The scope […]

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Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal

Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […]

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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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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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NEC Energy to Provide 100 MW Storage Projects in Northern Ireland

NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […]

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IRENA and EBRD Sign Agreement to Strengthen Cooperation

IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […]

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