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Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai

The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […]

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Energy Transformation can Employ 40 mn People in Renewables: Report

The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […]

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Govt Releases State Energy Efficiency Index 2019

With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […]

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Capital Dynamics and 8minute to Collaborate on 387 MW Solar Project

Capital Dynamics and 8minute Solar Energy have announced the acquisition of the Eagle Shadow Mountain Solar Project, a 387 MWdc solar project in Nevada. Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, the largest independent solar and storage developer in the US, have announced the acquisition of the Eagle Shadow […]

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AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal

Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […]

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Solarcentruy Secures Finance to Build 500 MW Solar Projects in Spain

Solarcentury has secured a new EUR 54.8 million banking facility for the construction of two solar plants in Spain, with a combined capacity of 500 MW Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, has announced that it has secured a new EUR 54.8 million banking facility with […]

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Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways

The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […]

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Greenbacker Acquires Solar Portfolio Worth 110 MW in New York

Greenbacker Renewable Energy has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New York Greenbacker Renewable Energy has announced that, through a wholly-owned subsidiary, it has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New […]

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Nexamp to Develop 3 Community Solar Projects in New Jersey

Nexamp has been selected to build three new projects totaling more than 11 MW in New Jersey as part of that state’s Community Solar Energy Pilot Program. Nexamp, a leading developer of community solar programs across the US, has been selected to build three new projects totaling more than 11 MW in New Jersey as part of […]

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