Developing Countries Yet To Explore Critical Minerals: IRENA Report

A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’.  The report said that developing countries with higher reserves […]

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McDonald India Invests Rs 14cr To Start 3.2MW Solar Plant In Delhi

Leading fast food chain McDonald’s India (North and East) has invested Rs 14 crore to commission Delhi’s largest solar power plant in Najafgarh. As a result, 24 percent of McDonald’s Delhi restaurants have now transitioned to renewable energy, the company said in a statement today.  With a capacity of 3.2 Megawatt (MW), the solar plant […]

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Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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West Bengal Proposes A Ceiling Tariff For Small Renewable Projects

The West Bengal Electricity Regulatory Commission (WBERC) has now released its draft regulations to govern the tariff determination in the state for different forms of electricity generation. The new draft regulations have been named WBERC (Modalities of Tariff Determination) Regulations 2023. The Commission has asked the public and the stakeholders to send their comments on the draft […]

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Odisha Most Prone To The Adverse Impacts Of Net Zero Ambitions: Report

A latest report by the Climate Policy Initiative (CPI) claimed that Odisha is the country’s most vulnerable state regarding the adverse impacts of India’s net-zero ambitious net-zero plans. The international think-tank, in their ‘vulnerability assessment report,’ studied the risks faced by India’s coal-bearing states.  It comes with the anticipated phasing out of coal and an increase in […]

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Haryana Plans To Make RE Installations In Large Commercial Buildings Mandatory

The Haryana government has now released its draft notification on Haryana Energy Conservation Building Code (HECBC) Rules. It has asked the stakeholders and public to send their comments on the draft rules to finalize the state ECBC rules. It comes after around five years when the Bureau of Energy Efficiency (BEE) put forth its ECBC rules to […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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India Added 1,077 MW Of Additional Renewable Capacities In May

The latest released monthly power installation report from the Central Electricity Authority (CEA) claimed that India added a total of 1076.7 Megawatt (MW) of renewable energy (excluding hydro) in the month of May this year.   It included the addition of 743.34 MW of solar energy. By the end of April 2023, the country had a total installed […]

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MNRE Revises Norms For Dispute Resolution Mechanism 

In its latest order, the Ministry of New and Renewable Energy (MNRE) has revised the guidelines for setting up a Dispute Resolution Mechanism (DSM). The Ministry earlier had issued the norms for the first time in 2018 and later made several amendments.  The ministry, in the latest order, said that the new norms would supersede all previous […]

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