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AIPEF Urges Modi to Consider Objections Raised Against Electricity Bill

AIPEF has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020. The All India Power Engineers Federation (AIPEF) has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020, and not to rush to make the proposed changes […]

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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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GE Renewable Energy Selected for 157 MW Wind Projects in Austria

GE Renewable Energy has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. GE Renewable Energy has announced that it has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. The 157 MW […]

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BP Takes 50% Stake in two Offshore Wind Projects of Equinor for $1.1 Bn

Equinor has entered into an agreement with BP to sell 50% interest in two offshore wind assets on the US east coast at a reported USD 1.1 billion value Equinor has announced that it has entered into an agreement with BP to sell 50 percent non-operated interests in the Empire Wind and Beacon Wind assets […]

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MNRE Offers Clarifications for Implementation of KUSUM Scheme

MNRE has issued clarifications sought by a few State Implementing Agencies on certain issues relating to the implementation of the PM-KUSUM Scheme. The Ministry of New and Renewable Energy (MNRE) in a recent notification has issued clarifications on certain issues relating to the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. […]

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Modi Confident India Will Surpass Renewable Energy Target for 2022

PM Modi is confident that India will increase and surpass its renewable energy target for 2022, going beyond 175 GW to reach 220 GW capacity by 2022. On behalf of hon’ble @PMOIndia, H.E. Shri @RajKSinghIndia , President of the ISA Assembly, Minister of Power, New & RE & Skill Development reads out the Prime Minister […]

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1500 MW Adani Project in Rajasthan Under HC Lens on land Allotment Issues

Acting on a petition by farmers in an affected village, the Rajasthan High Court has ordered for status quo on project land, pending the responses from various state agencies and further views on the issue. The project in question is probably part of the MoU signed with Rajasthan Renewable Energy Corporation Limited (RRECL), the Government […]

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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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