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CERC Order Makes Biomass Generated Power Formula driven

Energy from Biomass use at coal fired stations in India just overcame a small hurdle of measurement, with a CERC order laying down the formula to do it. In an important development for power producers generating power using biomass, the CERC (Central Electricity Regulatory Commission) took suo motu cognizance, and issued its guidelines for estimation […]

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Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets

Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […]

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Govt Working to Bring Round-the-Clock Power Supply in J&K in 2 Years: RK Singh

The central government is aiming to provide round the clock power supply to the UT of Jammu and Kashmir (J&K), Power Minister RK Singh has said. The Central government is aiming to provide round the clock (RTC) electricity supply to the Union territory of Jammu and Kashmir (J&K), Union Minister for Power and New and […]

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Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues

The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […]

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NTPC Designated RE Implementing Agency for Long Term Access in ISTS Network

The Ministry of New and Renewable Energy (MNRE) has designated state-owned NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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Global EV Component Market to Reach $157.4 Bn by 2025: Report

With the burgeoning EV demand worldwide, the global EV component market is projected to reach USD 157.4 billion by 2025 from USD 22.2 billion in 2018 With the burgeoning electric vehicle (EV) demand worldwide, the production of related components is set to get a boost. According to ResearchAndMarkets.com, the global electric vehicle component market is projected to […]

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NA, Western Europe & APAC Accounted for 74% of DESS Industry

A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […]

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Fifteen Cleantech Startups Awarded for Unique Technology, Biz Model

In a bid to encourage startup companies in the cleantech space, fifteen companies addressing climate change and energy access were awarded by the Government of India, BIRAC, Tata Trusts, Tata Power and Social Alpha. These companies were working on technologies for energy storage, smart metering, clean cooking, innovative electric vehicle (EV) solutions, battery technologies, energy monitoring […]

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