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energy investments

Global Warming May Cause Decline in India’s Wind Power Potential: Study

However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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UPERC Accepts NPCL’s Response over Renewable Purchase Obligations

UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […]

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Government to Reverse Auction Wind-Solar Hybrid Project

The tender had received a tepid response from the industry with just Adani Green Energy and SB Energy bidding for the project. The government has decided to go for a reverse auction for its first wind-solar hybrid tender for which two companies submitted their bid. Adani Green Energy and Softbank-backed SB Energy will compete for […]

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World Bank signs agreement with Jharkhand and Central government for a $310 million loan

The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […]

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GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables

ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […]

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Leaders Gather for Groundbreaking of Georgia’s Solar Plant

The largest infrastructure project in Twiggs County, the GA Solar 4 project will create up to 400 construction jobs and ongoing tax revenues for the region. Leaders of various organisations gathered on Monday in Twiggs County, Georgia to celebrate the ceremonial groundbreaking of the largest solar plant in the state. The largest infrastructure project in […]

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EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California

The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […]

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EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF

EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […]

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