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renewable energy

Lead Solar Performance Analysis

We are looking for a dynamic and experienced team member to execute the data analysis and field-testing teams within Mahindra Teqo. We are looking for a candidate, who has deep appreciation of new technological developments, apart from working in teams and managing complex situations. The ideal candidate should have a proven track record of running []

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IEX Q4 FY21 Results: Unprecedented Performance; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an unprecedented performance in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In []

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MNRE Waives off Hard Copy Requirement for RE Project Invoices

The Ministry of New and Renewable Energy (MNRE) released a notification yesterday, stating that for RE projects which were scheduled to be implemented April 1, 2021, onwards, the requirement of submitting physical hard copies has been waived off and the implementing agencies have been directed to accept soft copies of invoices. The notification is meant as []

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MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID

MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure []

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Global Finance is Mobilising to Meet East Asias Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinpings surprise announcement at the UN General Assembly in September 2020 that the worlds biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFAs Director Energy Finance Studies, Australia/South Asia, in a []

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PLI Scheme for Solar Manufacturing to Benefit Incremental Demand till FY30: Report

According to a new report Indias solar modules manufacturing under production linked incentive (PLI) scheme will benefit incremental panels demand till the financial year 2030 (FY30). Ind-Ra estimates that the allocation of INR 45 billion towards the solar modules manufacturing industry by the Ministry of New and Renewable Energy (MNRE) can benefit the sales of []

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ACC & Ambuja Cements Pushing Decarbonization to Reach Net-Zero Emissions

ACC and Ambuja Cements have announced that they are pushing up their decarbonization agenda to reach their net-zero emissions target. Having an aim to generate clean and green energy both companies are in line with LafargeHolcims Net Zero Pledge and its ambition to reduce emissions from electricity. The decarbonization agenda will be delivered through several []

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EnBW Financial Results Q1 2021: Earnings Decrease Temporarily

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the []

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MNREs New Scheme Guidelines for 12,000 MW CPSU Phase-II Project

The ministry of new and renewable energy (MNRE) has released the newly amended scheme guidelines for implementation of Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV power projects by the Government Producers. These 12,000 MW projects will be produced by the government producers with Viability []

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