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MERC Orders Compliance of Green Energy Open Access Rules

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has directed government officials and concerned authorities to roll out the provisions of the Union government’s Green Energy Open Access Rules 2022. It comes under the absence of a state rule in this regard in the state. The order of the Commission came to force when […]

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India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals

The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […]

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Mercedes To Integrate With Tesla’s North American Charging Standard System

Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […]

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Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal

Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […]

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Haryana Plans To Make RE Installations In Large Commercial Buildings Mandatory

The Haryana government has now released its draft notification on Haryana Energy Conservation Building Code (HECBC) Rules. It has asked the stakeholders and public to send their comments on the draft rules to finalize the state ECBC rules. It comes after around five years when the Bureau of Energy Efficiency (BEE) put forth its ECBC rules to […]

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Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business

A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […]

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MERC Notifies Generic Tariff for Rooftop Solar at Rs 3.05/unit

The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […]

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UKA To Build 120 MW Wind Farm For Mercedes-Benz

Global automaker Mercedes-Benz has announced plans for installing a wind energy farm of over 120 MW at its test track in Papenburg, Northern Germany. It has also awarded a long-term contract worth hundreds of millions to German energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) under which UKA will erect about 20 wind […]

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