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NTPC Planning to Raise Rs 1000 Crore via Bonds

NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […]

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Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million

Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […]

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EDP, Galp, Vestas and More to Asses Green Hydrogen Feasibility in Portugal

EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, which aims to implement an industrial cluster for green hydrogen production based in the city of Sines in Portugal. EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, […]

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HPERC Takes Cue from CERC, Proposes Changes to Renewable Project Conditions

HPERC has Drawn Inspiration from CERC’s Renewable Energy Tariff Regulations 2020 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has proposed amendments to the (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) (4th Amendment) Regulations, 2020, which came in effect in April 2020. The HPERC duly considered the latest Renewable […]

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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report

According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […]

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Single Window Clearance for Renewable Projects: Maharashtra Energy Minister

Maharashtra government will give single-window clearance to renewable energy projects as it moves towards cleaner sources of energy, state Energy Minister Nitin Raut has said. The Maharashtra government will give single-window clearance to renewable energy projects in a bid to move towards cleaner sources of energy, state Energy Minister Nitin Raut has said. During a virtual meeting of the Indo-French Chamber […]

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Record Number of Microgrids Installed in US Last Year: WoodMac

546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […]

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Apple Commits to 100% Carbon Neutral for Supply Chain and Products

Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral for its global corporate operations, […]

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