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CERC Admits Adani Green Petition On LTA Over Pushback By CTUIL

SBSR Power Cleantech Eleven Private Limited (SBSR), a subsidiary of Adani Green Energy Limited, has won a minor victory at the Central Electricity Regulatory Commission (CERC), after the commission took the considered view to admit its petition, over the objections of the Central Transmission Utility Of India Limited (CTUIL). The Issue The case refers to […]

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Some Reassurance for Industry In Prime Minister’s I-Day Speech

In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […]

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German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1

In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […]

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Deepak Thakur Is New MD & CEO, Mahindra Susten

Mahindra Susten, the cleantech arm of the Mahindra Group has welcomed Deepak Thakur as the new MD &CEO, effective August 16, 2022. Thakur will oversee the renewables businesses, comprising Mahindra Solarize and Mahindra TEQO apart from Mahindra Susten. He will be directly reporting to Dr. Anish Shah, Managing Director & CEO of Mahindra Group. Prior […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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Property Manager CBRE To Focus On Solar, Battery Storage

Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […]

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KREDL Issues RFP For 5 MW Solar Plus Battery At Karnataka Solar Park

Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) 5MW (AC) Solar PV Power Plant (7 MWp DC) with 5MW / 16 MWh Battery Energy Storage System having 10 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for submitting the online bid […]

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