Along with growth & recovery, we should aspire to make India more sustainable and resilient. First step is to prioritize climate adaptation in our national climate agenda as Plan A. New Delhi: COVID-19 has caused unprecedented damage to our economy – mass unemployment, disruptions in key socio-economic systems and economic contractions. Its impact on vulnerable […]
REPORT: Clean Energy Jobs Pay 25% More Than National Median
First-of-its-kind report shows clean energy jobs more likely to include health care, retirement benefits Median wages in solar, wind, grid modernization higher than jobs in coal, natural gas and petroleum fuels Findings support calls to power U.S. recovery with clean energy jobs WASHINGTON, D.C.: Clean energy jobs paid 25% more than the national median wage […]
UK energy regulator to introduce new rules for suppliers to protect customers
Ofgem said the new licence rules will give those in financial distress some breathing space but ultimately all customers need to pay for the energy they use LONDON: Britain’s energy market regulator Ofgem said on Monday it will introduce new licence rules for power suppliers from Dec. 15 to help protect customers who are struggling […]
MERC Dismissed Petition of Adlabs Entertainment Seeking Waiver of Penalty
Case of M/s Adlabs Entertainment Limited seeking waiver of maximum demand threshold limit penalty applied to Open Access transaction under DOA First Amendment Regulations 2019 due to COVID-19 outbreak and lockdown situation For more information please see below link:
Power consumption grows 11.45 per cent to 55.37 billion units in first half of October
Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts New Delhi: India’s power consumption grew 11.45 per cent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as […]
Tata Power venture’s 200 microgrids expected to be ready by 2021: Rockefeller Foundation
The US-based philanthropic organisation Rockefeller Foundation said it is using experience, knowledge and proven success to date in India, to help lead the development of large-scale, innovative partnerships. NEW DELHI: TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete installation work of 200 microgrids and make them ready for use by […]
ReNew Power eyes offshore bond market to raise $320 mn to refinance local debt
This would be the first such offshore bond issuance by an Indian renewable energy producer since covid-19 disrupted the markets in March. Mumbai: Renewable energy major ReNew Power Pvt. Ltd is planning to tap the offshore bond market to raise as much as $320 million to refinance local debt, the first such offshore bond issuance […]
India to be world’s largest market for battery storage by 2040: IEA
India will become the largest market for utility-scale battery storage by 2040 as renewables show immunity to the COVID-19 pandemic to emerge as a cost-effective choice and will push coal into a corner NEW DELHI: India will become the largest market for utility-scale battery storage by 2040 as renewables show immunity to the COVID-19 pandemic […]
3 Ways India’s Capital Can Adopt Electric Vehicles And Revive The Economy
The fallout from the COVID-19 pandemic has had a significant impact on the Indian economy. The latest figures from the Union Ministry of Statistics and Programme Implementation (MoSPI) showed that the Indian economy contracted by 23.9% in the April–June quarter. The breakdown of the GDP data outlined that the construction sector was the hardest hit […]
Pandemic casts shadow on off-grid solar sales in poorer nations
By Megan Rowling BARCELONA: As the coronavirus pandemic hit trade and incomes hard in developing nations, sales of off-grid solar products fell sharply in the first half of the year, even as many poorer households relied on them during lockdowns. Data compiled by GOGLA, the association for the off-grid solar energy industry, found global sales […]