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22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo

The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […]

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Gujarat Invites EoI For Electric Meter Testing

The deadline to submission of the EoI is April 20, 2019. The Gujarat Electricity Regulatory Commission (GERC) has issued an expression of interest (EoI) from National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited electric meter testing laboratories for empanelment by GERC as independent third-party meter testing laboratory in the state of Gujarat. The […]

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ITI Issues EoI For EV Charging Infrastructure Operations Centre For MSEDCL

The last date for bid submission is March 30, 2019 The Indian Telephone Industries (ITI) Ltd., on behalf of the Maharashtra State Electricity Distribution Company Limited (MSEDCL), invited bids from eligible bidders for the tender for the implementation of Electrical Vehicle Charging Infrastructure Operation Centre. The brief scope of work for selected bidders will include […]

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Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025

By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […]

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