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Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power

India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […]

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Second Call For IMC’s 60 MW EPC Solar Project in Madhya Pradesh

Indore Municipal Corp (IMC) has made a second attempt for its planned 60 MW engineering, procurement, and construction (EPC) solar power project at Samraj and Ashukhedi villages in Madhya Pradesh. Earlier, IMC invited the bids for the same tender in September, 2022. The municipality is also seeking to issue India’s first municipal green bonds to […]

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CCPI Report: “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU”

A study entitled “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU” has been released by CCPI (Climate Change Performance Index). The invasion of Ukraine by Russia serves as a reminder of how highly dependent most nations still are on fossil fuels. The ability of nations to operate and provide for their inhabitants with […]

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The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy

Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […]

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Indore Municipality To Lead With First Green Municipal Bonds For Solar Plant

The country’s first local government bond (Retail Municipal Bond) will be offered by a city in India with a solid environmental track record, and the revenues will be used to finance a solar power plant. Indore, which has been impossible to dislodge from the top rank among India’s cleanest cities for the past few years, […]

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Ather Energy Drives Into Bihar With Experience Centre In Patna

Bengaluru-headquartered electric scooter manufacturer, Ather Energy has opened its first experience center, Ather Space, in Rukanpura, Patna, and has begun selling its products in Bihar. Ather Space, which was established in partnership with Alankar Energy, would provide test rides and purchases of the recently released Gen 3 versions of its flagship scooters, the Ather 450X, […]

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Ministry of Power Launches Scheme for Procurement of Aggregate Power of 4500 MW

The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […]

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Google, Microsoft Sign New Pacts to Employ Renewables in Data Centres

IT conglomerates Google and Microsoft are increasingly opting for ways to decarbonise their businesses and help timely transition to green and clean energy. In a fresh development, both the companies have announced the signing of new agreements that will help them lower carbon footprint of their IT operations by the employment of renewable energy in […]

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Engie, Google Forge Partnership for Scottish Wind Farm

French firm Engie , which delves into renewable, thermal energy and also provides energy solutions has joined hands with Google by way of a 100 MW corporate PPA. The agreement will pave the way for the French firm to supply the American multination tech giant with over 5TWh green power from Moray West offshore wind […]

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