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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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IOCL Signs MoU With IISc to Develop Hydrogen Generation Tech

IOCL has signed an MoU with IISc Bangalore to develop and demonstrate biomass gasification-based hydrogen generation technology. The Indian Oil Corporation (IOCL), the largest fuel retailer in India, has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation […]

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MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives

The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […]

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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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Italy’s Fimer Unveils Strong EV Charging Portfolio for Global Markets

FIMER, the world’s fourth largest inverter manufacturer, that acquired ABB’s inverter business last year, has now unveiled a full suite of  Electrical Vehicle (EV) chargers. The comprehensive new portfolio of residential and commercial chargers will front the firm’s effort to replicate success in solar inverters in the electric mobility segment. At the launch Gaetano Belluccio, […]

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Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project

Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the  fate of the 28MW already built, or the power generated there, or even the […]

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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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