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2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords

As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects  2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […]

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Pakistan PM Announces Solarisation of All Govt Buildings by Coming April

Pakistan Prime Minister Shehbaz Sharif has said that the federal government has decided to install solar power panels on all government buildings in the country to harness green energy and reduce dependency on imported fossil-fuel based power. At first, the federal government buildings of Pakistan will be solarised and they will run entirely on Solar […]

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Solar Loans Firm Goodleap Announces 15th Securitisation of Its Loans

GoodLeap, LLC, a leading digital marketplace for sustainable home solutions in the US has announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-4, the 15th securitization of loans originated by GoodLeap. Lime Residential, Ltd. (a Credit Suisse affiliate) sponsored the transaction and Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., and Goldman Sachs & […]

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PM Modi Envisages Gujarat as World’s Biggest Green Hydrogen Destination

Gujarat is poised to become the world’s biggest green hydrogen hub. Headed towards this goal, the State will ring in investments worth Rs 8-10 lakh crore globally. These investments will be made towards the development of green hydrogen and its ecosystem. These announcements were made by Prime Minister Narendra Modi at a rally in Bhavnagar. […]

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CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date

The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […]

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IEA Report: Advancing Decarbonisation Through Clean Electricity Procurement

A study entitled “Advancing Decarbonisation through Clean Electricity Procurement” has been released by the IEA (International Energy Agency). In recent years, a lot more businesses have made commitments to use clean energy, and many of them have set specific targets to satisfy all or part of their electrical needs with clean energy. These objectives may […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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