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US-India Clean Energy and Climate Cooperation Legislation Introduced

Senator Menendez (D-NJ), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of 2020’. Senator Bob Menendez (District of New Jersey), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of […]

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NITI Aayog, Dutch Embassy Sign SoI on ‘Decarbonisation and Energy Transition Agenda’

NITI Aayog and the Embassy of the Netherlands have signed an SoI to support the decarbonisation and energy transition agenda for cleaner and more energy. NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on September 28, 2020, to support the decarbonisation and energy transition agenda for accommodating cleaner […]

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Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac

A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […]

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India’s RE Push Based on Energy Security and Climate Change: Suresh Prabhu

India’s focus on renewables will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu has said India’s focus on renewable segments like solar, wind and hydropower will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu said on Wednesday. “The energy and environment are the two sides of the […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

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EDF Renewables Signs Contract for Storage Expansion at Maverick 6

EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […]

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NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects

NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […]

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Restrictive Banking Provisions aren’t Helping Renewable Adoption in India

After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […]

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