SUBSCRIBE NEWS LETTER

ppa

News Briefs May 22 – KKR Funds Origis Energy, Motovolt, Cleanleaf Energy

Cleanleaf Energy Secures O&M Contracts for 350 MW Solar Projects in Georgia and Pennsylvania New agreements to supply operations and maintenance (O&M) services for utility-scale solar projects totaling 350 MW in Georgia and Pennsylvania have been announced by Cleanleaf Energy, formerly known as Borrego O&M. Heelstone Renewable Energy is the owner of these projects, which […]

Read more

Delicensing Power Distribution Can Boost RE Adoption: ORF Report

A recent report by the Observer and Research Foundation (ORF) said that the delicensing of power distribution could boost the adoption of renewable energy. The report widely analyzed the implications of adoption of delicensing of power distribution in the country.  The researched argued that with more private sector entry with their green pricing models are […]

Read more

AI’s Growing Energy Footprint: The Hidden Cost of Our Digital Future

It’s time to talk about Artificial Intelligence (AI), and its possible impact on the environment. Convenient as it may be, AI is an energy hog. A single ChatGPT query requires 2.9 watt-hours of electricity, compared with 0.3 watt-hours for a Google search, according to the International Energy Agency. At present, data centers worldwide consume 1-2% […]

Read more

UPERC Grants Compensation To SAEL For Increased GST Rates

The Uttar Pradesh Electricity Regulatory Commission (UPERC) in its latest judgement allowed compensation to SAEL Limited, a solar power generator. The company had earlier moved the state power regulator seeking compensation on account of increase in its project cost due to the rise of Goods and Services Tax (GST).  The company had installed a 32 […]

Read more

Travancore Cochin Chemicals Issues 22 MW RE Plant Tender

Travancore Cochin Chemicals Ltd has issued a tender inviting online bids from competent Power Plant developers for the setting up upto 22 MW of renewable Energy Power Plant to be implemented in a group captive SPV Model through the Kerala Govt. The bids must be submitted by June 19, 2024, at the latest. The day […]

Read more

GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro

The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […]

Read more

US To Invest $71 Million In Supporting Solar Manufacturing Research

U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […]

Read more

Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

Read more

Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka

Karnataka is among the leading renewable-rich states in India. It is also touted as one of the earliest adopters of green energy. As per the latest data from the Ministry of New and Renewable Energy (MNRE), Karnataka ranks third in India when it comes to total solar capacities. Till April 2024, the southern Indian state […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll