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MERC Directs MSEDCL to Compensate Solar PV Project Developers

Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […]

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Solar Industry Paving Way Forward For Circular Economy

Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus  Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […]

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Australia’s Massive ASEAN Power Link Project Gets Major Status

Australia has accorded ‘major status’ to its ambitious Australia -ASEAN power link (AAPL) project. The new designation recognises the strategic importance of the project for Australia, and should help with faster approvals and priority handling by various government agencies involved. The project was formally granted the status on July 20. The Sun Cable project – […]

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Time’s Ripe for Offshore Wind Projects

World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […]

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RBI Governor Hints at Power Sector Reforms

For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […]

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Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain

Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […]

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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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Azure Power Awarded Most Sustainable Company in Solar Industry

Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […]

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In Himachal, SHP Ordered to Pay Imbalance Charges

HPPTCL Asked to Ensure Timely Commissioning of Barshaini Substation In a recent order, the Himachal Pradesh Electricity Regulatory Commission (HPERC) has directed M/s Sandhya Hydro Power Projects Balargha Pvt. Ltd. to pay imbalance charges amounting to Rs.2,14,18,511 to the Himachal Pradesh State Load Dispatch Centre (HPSLDC) for period beginning March 24, 2018 and ending December […]

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