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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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ACWA Power to Build 240 MW Wind Project in Azerbaijan

ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […]

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MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender

MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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RERC Tenders Seeking Consultants for RE Tariff Determination

RERC has issued a tender for the engagement of consultants to provide assistance in framing the tariff regulations for renewable sources The Rajasthan Electricity Regulatory Commission (RERC) has issued a tender, inviting bids from eligible bidders for the engagement of consultants to provide assistance in framing the ‘RERC (Terms and Conditions for Determination of Tariff […]

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Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan

Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […]

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UPERC Decides To Wait For Project Commencement on Amplus Plea

The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […]

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Everon & Arcadia Partner to Drive Clean Charging for EVs

Everon has announced its partnership with Arcadia to launch new solutions that will make it easier for all drivers of EVs in the US to charge sustainably. Everon, a global EV charging platform, announced its partnership with Arcadia (previously Arcadia Power), the only nationwide US technology company focused on clean consumer energy. At a time […]

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