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SJVN Partners With NIWE to Develop Solar, Wind & Hybrid Projects

SJVN Limited has announced signing a Memorandum of Understating (MoU) with the National Institute of Wind Energy (NIWE) to develop various Solar, Wind (solar-wind) Hybrid, and (solar-wind pus battery storage) Hybrid Energy projects. Both organizations have signed the MoU for Technical Consultancy Services for the development of these projects of SJVN. NIWE will Support SJVN […]

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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade

Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons.  According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […]

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Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA

The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […]

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GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit

Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […]

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Renew In Collaboration With Stanford’s Storage X Initiative

ReNew Power, one of India’s leaders in renewable energy, today announced a collaboration agreement with the Precourt Institute for Energy at Stanford University and its StorageX Initiative. StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s collaboration with StorageX will focus initially on challenges surrounding grid […]

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Anti Dumping Duty Battle-Delhi High Court Asks DGTR To Take Feedback Till July 19

In the now familiar tussle between domestic solar manufacturers and solar power developers, the Delhi High Court has set a new date. July 19. That is the new date for feedback on the anti dumping investigation launched by the Directorate  General of Trade Remedies (DGTR), for imposing anti dumping duty on panel imports from China, […]

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IREDA Extends Bid Date For 12 GW CPSU Solar Scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by  Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II  has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […]

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Cell Shortage Forces Timeline Extension by MNRE For CPSU Phase II Solar

As predicted by many Industry experts, domestic cell production has failed to keep up with demand for various central schemes that mandate local sourcing. Now the Ministry of New And Renewable Energy (MNRE) has stepped in to provide and extension to projects under tranche I and II of the CPSU Phase II scheme. The MNRE […]

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