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No Relief For Greenyana At Aptel For Haryana Project

Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […]

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Mercedes-Benz Buys 33% Stake in ACC Battery Project

On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […]

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Shell Commits to RE Investments Worth $565 M in Brazil by 2025

Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […]

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Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa

Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […]

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5 GW CPSU Tender Results- NTPC, SJVN, NHPC Grab 1GW Each

The 5 GW CPSU tender managed by Indian Renewable Energy Development Agency Ltd. (IREDA), the agency appointed by Ministry of New & Renewable Energy (MNRE) for the implementation of the CPSU Scheme Phase II, finally has a winners list. The tender, part of the 12 GW CPSU scheme, has been hanging for a while, and […]

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$50 M to Ramp up Microgrids in Regional Australia: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […]

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UltraTech Cement Joins RE100, Target Still 2050 For Net Zero

UltraTech Cement Limited, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has joined Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of its commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050. As the third largest cement manufacturer in […]

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With Approval In From Indonesia, Sun Cable Expands Project By 20 GW

Sun Cable, promoted as the world’s largest single PV and battery storage project has expanded its project size further. The project, which seeks to build massive solar power plants in Australia along with storage capacity to supply to Singapore via undersea cables, has added 20 gigawatts for the solar component and 36-42GWh of battery storage. […]

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Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA

Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […]

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