CERC Grants HPX Additional Time To Appoint MD, Independent Director

The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […]

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RECPDCL Grants ISTS Transmission SPV ‘KPS1’ To Megha Engineering 

On Friday, the REC Power Development and Consultancy Limited (RECPDCL) announced granting the project-specific Special Purpose Vehicle (SPV)—KPS1 Transmission Limited to Megha Engineering and Infrastructure Limited.  An official release from REC said that the firm was awarded the project after it emerged as the successful bidder of the power ministry’s Inter-State Transmission System (ISTS) project, […]

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Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery

Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […]

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Wells Fargo Gives $500,000 Grant for Developing Green Energy

In addition to rooftop solar, the grant will expand the amount of open public space available to residents of the Northeast Valley. The Wells Fargo Foundation has announced a grant of $500,000 to a broad-based coalition aimed at attracting clean energy investments, stimulate local workforce and combat air quality issues. The grant will support the […]

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