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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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NSEFI Petitions to the Govt Against NTPC’s Tender Conditions

NTPC’s refusal to exempt small & medium enterprises from EMD for its solar power tender has seen NSEFI petition to the government seeking its intervention. State-owned NTPC’s refusal to exempt small and medium enterprises from earnest money deposits (EMD) for its solar power tender has riled an association of the solar energy industry which has […]

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ACWA Power to Build 240 MW Wind Project in Azerbaijan

ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […]

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MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender

MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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RERC Tenders Seeking Consultants for RE Tariff Determination

RERC has issued a tender for the engagement of consultants to provide assistance in framing the tariff regulations for renewable sources The Rajasthan Electricity Regulatory Commission (RERC) has issued a tender, inviting bids from eligible bidders for the engagement of consultants to provide assistance in framing the ‘RERC (Terms and Conditions for Determination of Tariff […]

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Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan

Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […]

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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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