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New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs

A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […]

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Power Ministry Mandates all Discoms to Comply With Energy Conservation Act

The Ministry of Power has issued a notification, stating that all the Discoms will now be covered under the preview of the Energy Conservation Act. The Ministry of Power has issued a notification, stating that all the electricity distribution companies (Discoms) in the country will now be covered under the preview of the Energy Conservation […]

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Storage Emerging As Issue For Europe’s RE Growth

Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […]

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Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September

The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […]

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Adani Power Posts 126% Growth in EBITDA for Q2 2020

Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […]

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MoP Amends Guidelines for Procurement of RTC Renewable Power

The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […]

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Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam

SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, is located in the “renewable […]

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Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA

Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […]

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What Next for China’s Offshore Wind Industry Post-2021: GWEC

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […]

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