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RECs Trading to Resume on Nov 25, After 4 Month Break

APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […]

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Tata Power’s DSM Program Saves 6 GWh in Mumbai Distribution in FY20

Tata Power’s Demand Side Management (DSM) program in Mumbai is a multi-dimensional, holistic and technology-driven approach with a focus on capacity building of the consumers towards energy management. DSM initiatives have always been unique offerings from the Utility considering that they always work behind the meter i.e. for end-user energy management. The firm started in […]

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Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas

Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […]

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Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030

Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […]

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India’s Global Himalayan Expedition Wins UN Climate Action Award

Global Himalayan Expedition, an Indian organisation that leverages tourism and technology to help remote communities access solar energy has won the 2020 UN Global Climate Action Award. Global Himalayan Expedition, an Indian organisation that leverages tourism and technology to help remote communities access solar energy has won a prestigious UN award for its efforts to […]

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Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF

The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […]

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EBRD, AIIB and Partners to Finance 100 MW Wind Farm in Kazakhstan

EBRD and its partners are supporting the construction of a 100 MW wind farm near the town of Zhanatas in the south of Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and its partners are promoting the further transition from coal-fired power plants to renewable-energy power generation in Kazakhstan by supporting the construction of […]

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Exemption for BIS Registration for Smaller PV Module Manufacturers Extended

MNRE has extended the BIS certification exemption for small scale solar PV module manufacturers till they have valid IEC certificates for their products The Ministry of New and Renewable Energy (MNRE) has issued in a gazette notification that it has extended the BIS certification exemption for small scale solar PV module manufacturers (annual production capacity […]

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Government Measures Remain key to Boost EV Sales in India: Ind-Ra

Ind-Ra in its latest market analysis covers the factors influencing electric vehicle (EV) sales in India during the pandemic and beyond. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric vehicles (EVs) in the […]

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