Home » Daily Newsletter » As March 31 Deadline Looms, ALMM Set To Rule Again
Any hope developers might have had of the kind of exemptions the MNRE provided (before withdrawing them within a week) seem to be evaporating as the fiscal year deadline approaches. Readers will recall that the Approved List of Module Manufacturers(ALMM) requirement has been used as...
As the end of the financial year approaches, India's sorry solar capacity addition figures for the year got a late boost with the commissioning of the project from Adani Green Energy Limited (AGEL). AGEL, India’s largest and one of the world’s leading renewable energy (RE)...
Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC's portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation...
Solar sector firm, Gensol Engineering Limited has announced the appointment of Kapil K Nirmal as the new CEO of its Middle East Solar EPC business. "With an extensive 18-year background in business development and project implementation across major organisations in the Middle East, including Emirates...
Sterlite Power and Singapore based GIC announced a joint venture to create a power transmission platform in India. Sterlite Power, a private power transmission developer, and an affiliate of GIC entered into a definitive agreement signing. Their agreement was undertaken to set up a new...
The Madhya Pradesh Jal Nigam (MPJN) has issued a request for bids for Consultancy services for 100 MW solar and 60 MW wind generating projects. MPJN is desirous of engaging a consultant for support in setting up Solar PV and Wind projects for Captive Utilization...
JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra's Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on...
A tender has been issued by Navi Mumbai Municipal Corporation (NMMC) inviting bids to develop a 100 MW floating solar project and a 1.5 MW hydroelectric project at Morbe Dam in the Raigad district of Maharashtra. According to the tender, the last day to submit...
The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in...
TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at SINOPEC's refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce...
Australian Gold Miner, Bellevue mining is on course to power operations with 100% renewables at times, as it seeks an 89.7 MW off grid facility at its mining site in Western Australia. Domestic Adelaide based solar firm 5B has been tasked with deploying 26MW of...
The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership.These seven projects have the potential...
Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the...
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