hydro

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Kerala’s 2023 Budget Lays Emphasis on Green Hydrogen and EV Development

Kerala has allocated funds to a host of green initiatives in its 2023 Budget which is aimed at doing away with fossil-fuel dependence by 2040 and achieving net carbon...

February 9, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Renewables Help Hospital Group Save ₹40 Million Annually on Power Bills

Narayana Health, a multi-specialty hospital, heart center, and primary care facility chain with a presence across 18 cities in India, has saved over ₹40 million (~$482,...

January 4, 2023

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Satish Shetty

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C&I

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Consumers

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Other

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Renewable Energy
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Odisha Announces Incentives for Consumers Under Renewable Energy Policy, 2022

The Odisha government has released its renewable energy policy, which aims to provide the necessary impetus to the solar sector and accelerate its adoption in the state....

December 2, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23

The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the...

November 9, 2022

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Clean Energy Supply Must Double Until 2029 to Limit Temperature Rise to 1.5 Degrees: WMO

The supply of power from renewable energy sources must double until 2029 to limit the global temperature rise to 1.5 degrees Celsius under the Paris Climate Accord, the...

October 17, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030

The Ministry of Power (MoP) has issued the Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO) until the financial year 2029-2030. A committee under...

July 25, 2022

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Thermal Projects Bundled with Renewables Can Dispatch Power Without Agreement

Thermal and hydropower projects with standalone or renewable energy projects with Battery Energy Storage Systems (BESS) can be set up anywhere and dispatched to any...

October 3, 2022

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Arjun Joshi

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Markets & Policy

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Other
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Glennmont and MN To Invest €700 Million for Renewables Expansion Across Europe

Clean energy fund manager Glennmont Partners from Nuveen, in partnership with Dutch pension fund manager MN announced the launch of the Nuveen European Core Renewable...

September 23, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Renewable Energy
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Kerala Invites Bids for Short-Term Procurement of 340 MW of Solar, Wind and Hydropower

Kerala State Electricity Board (KSEB) has invited bids to procure solar, wind, and hydropower on a short-term basis to meet its Renewable Purchase Obligations (RPO)...

September 1, 2022

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Arjun Joshi

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Solar

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Tenders & Auctions
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Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects

The Ministry of Power (MoP) has issued guidelines for competitive procurement of renewable power by thermal and hydropower generators under the Generation Flexibility...

August 29, 2022

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Scatec’s Revenue Surges YoY by 12% to $114 Million in Q2 2022

Norwegian independent power producer Scatec recorded second-quarter (Q2) revenue of NOK1,130 million (~$114 million), a year-over-year (YoY) increase of 12% from NOK1,...

August 3, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program

The Philippines’ Department of Energy has awarded 19 contracts to develop 1.57 GW renewable energy projects under the first round of the 2 GW Green Energy Auction...

June 28, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage

Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the signing of a memorandum of understanding with Energy Vault Holdings,...

April 28, 2022

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Satish Shetty

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Other

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Renewable Energy
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Share of Solar Rises to 13.2% of India’s Total Installed Power Capacity

India’s installed renewable energy capacity, including large hydro projects, stood at 155.26 GW, accounting for a 39% share of the overall power mix at the end of the...

April 22, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Daily News Wrap-Up: Committee Set Up to Resolve Disputes in the Renewable Sector

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New & Renewable Energy (MNRE) has set up a Dispute Resolution...

March 7, 2022

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Satish Shetty

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Other

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Renewable Energy

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