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India Assures RE Developers of Pro-Business Policies at COP 25

The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […]

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MNRE Makes Few Amendments in Provisions for DRC

The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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MNRE Issues New List of DRC Members

The Ministry of New and Renewable Energy (MNRE) on Monday has issued a new list of the members of Dispute Resolution Committee (DRC). The move came after the resignation of Anil Swarup, who is the former Coal Secretary/ School Edn. Secretary, Ex-IAS, UP: 1981, from the Dispute Resolution Committee. Now, P. K. Basu, former Agriculture […]

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India Calls for Faster Expansion of ISA at COP 25

Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […]

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Tariffs of Rs 2.65/kWh and Rs 3.46/kWh Approved for 2 GW of Wind Projects

CERC has approved tariffs proposed by SECI and PTC India for 2 GW of wind power projects. The petitioners had quoted a tariff of Rs 2.65/kWh & Rs 3.46/kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited […]

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Nobel laureates Make the Case for Addressing Climate Change

Nobel Prize laureates gathered in Stockholm to receive their awards took the opportunity to stress the importance of addressing climate change. Winners of the prizes in physics, chemistry and economics made the assessment ahead of next week’s presentation of the prizes. The remarks come as a global summit on climate change the COP25 takes place in Madrid. Didier […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets

Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […]

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