Clean Energy Transition

UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […]

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MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems

Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money […]

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HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS

Hindustan Petroleum Corporation has invited bids from consultants to conduct a feasibility study for development of a 100-150 MW hybrid battery energy storage system on vacant land at Anantapuram Solar Park for captive use in Andhra Pradesh. HPCL had floated a similar tender in July 2022 for selection of a project management consultant to supervise […]

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IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

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Half of Coal Mines in Turkey Could Power 7 Million Household With Solar Power

A new report ‘Solar Potential of Coal Sites in Turkey’ by campaign group – Europe Beyond Coal – has revealed that more than half of the coal mines of Turkey are suitable for conversion into solar power farms. The coal mines, most of which are open cast mines and the improvement in solar technologies and […]

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Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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