TOKYO: Japan’s Sumitomo Mitsui Financial Group Inc (SMFG) said on Thursday it would no longer lend to new coal-fired power plants from May 1, a day after peer Mizuho Financial Group Inc said it would stop financing new coal power projects. The policy change comes as the sector faces pressure from activist investors and […]
Removal of solar trade duties, discom reform, and better central-state government coordination to increase renewable project development and transmission capacity urgently needed 13 February 2020 (IEEFA India): Policy certainty will increase domestic and international investing into India finds a new report out today by the Institute for Energy Economics and Financial Analysis (IEEFA). The new […]
The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to gencos till August-end. The Centre may tie up concessional loans from Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) for state governments as it looks to […]
Spain has offered an olive branch in its long-running legal battle with renewables developers. But the fight isn’t over yet. Investors fighting Spain over retroactive cuts to feed-in tariffs for renewables projects are braced for more legal wrangling despite an offer to recover some revenue. It appears likely developers will ignore the regulatory olive branch […]
The Haryana Electricity Regulatory Commission (Rooftop Solar Grid Interactive Systems Based on Net Metering) Regulations, 2019 For more information please see below link:
In the Matter of: Petition under Sections 86 (1) (a), (b), (e), (f) read with Sections 61 (h) and 62 (1) (a) of the Electricity Act, 2003 for determination of the Average Power Purchase Cost of the Respondents for each year starting from 2009-10 in order to comply with the provisions of the CERC (Terms […]
The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS). An invitation has been issued for bids to build, own […]
Lobbying efforts are underway to persuade Republicans from coastal states with a heavy oil-and-gas industry presence that offshore wind development means jobs. If the U.S. offshore wind market gets an extension of its main federal subsidy, it may owe a thank you to the oil and gas industry. Two bills recently introduced in the U.S. […]
More public funding for EV fast-charging infrastructure could draw greater private investment into a market that has not yet reached critical mass. The U.S. Senate Committee on Environment and Public Works introduced a sweeping transportation bill Monday that would provide a major funding boost for EV charging infrastructure and other initiatives aimed at curbing carbon […]
The U.S. Energy Information Administration and International Energy Agency are likely to upwardly revise their oil demand projections, a new report says. Policy support for electric vehicles is waning in key markets around the world, potentially softening EV sales and pushing back forecasts for a peak in global oil demand, according to a new report […]