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Maruti Backs CNG, Hybrid Before Pure EV to Reduce Oil Imports & Pollution

Maruti Suzuki has said that usage of green technologies like CNG and hybrid cars, should be encouraged in order to cut oil imports and reduce air pollution. The country’s largest carmaker Maruti Suzuki India (MSI) has said that usage of all kinds of green technologies, including CNG and hybrid cars, should be encouraged in order to cut oil […]

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MNRE Continues Supportive Moves. Clarifies on LOC Issue

Close on the heels of its missive to all state secretary’s, reminding them to treat power generated from wind and solar as ‘must use’, and not subject to curtailment, the Ministry of New and Renewable Energy ( MNRE) has released a fresh clarification on the issue of LC’s (Letter of Credit) needed to be opened […]

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Amazon Announces RE Projects Worth 68 MW in Ireland and US

Amazon has announced the company’s 65th and 66th renewable energy projects, which will be developed in Ireland and the US. Amazon has announced the company’s 65th and 66th renewable energy projects. The company’s latest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the country. Once complete, the new […]

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GGF Attracts €4 mn in Funding for Climate Action in MENA

GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission

European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […]

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Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report

Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […]

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DERC Announces Reduced Tariff for Consumers, EV Charging Stations

Delhi’s power regulator DERC has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi’s power regulator, Delhi Electricity Regularity Commission (DERC) has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi Electricity Regularity Commission (DERC) chairman Justice (retired) S S […]

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Azure Power Gets LoA for 300 MW Project in SECI Auction

The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […]

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