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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision

The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […]

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COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData

With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […]

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PG&E Gets Approval for Microgrid Proposal from California Commission

The comprehensive and cost-effective microgrid proposals by PG&E, designed to reduce the number of customers affected by PSPS event has been approved. The California Public Utilities Commission (CPUC) has approved the Pacific Gas and Electric Company’s (PG&E) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety […]

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NTPC Offers Rs 1363 Cr Discount on Fixed Charges to Discoms During Lockdown

NTPC will be giving a discount of Rs 1363 crore to Discoms on fixed or capacity charges that they owe during the lockdown period this fiscal year. NTPC Limited, the largest electricity generator in the country has announced that it will be giving a discount of Rs 1363 crore to distribution companies (Discoms) on fixed […]

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Govt Urges Stakeholders to Contact Nodal Officer for Grievance Redressal on Pref to Make in India Order

The Ministry of New & Renewable Energy (MNRE) has issued an office memorandum stating that for any grievance redressal purpose with respect to its order on ‘Preference to Make in India’, industry stakeholders can contact to the nodal officer. For this purpose, Sutapa Majumdar is the MNRE’s nodal officer for dealing grievances w.r.t. the matter. […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect

With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […]

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RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets

Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […]

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