Green Power Tariff of Rs 0.66/ kWh, which is over and above the normal tariff of the respective category as per Tariff Orders, be levied to the consumers opting for meeting their demand by 100% green energy. ORDER 1. Case No 134 of 2020 is allowed. MERC Order in Case No. 134 of 2020 Page […]
Virescent floats first solar InvIT, places 400 Mw assets under Pvt trust
InvIT to hold nine solar energy projects of 400 MWp in five states; definitive agreements signed for 76 MWp KKR backed Virescent Infrastructure has floated the first infrastructure investment trust (InvIT) in the green power space. It will be a private Invit for which they have sought the approval for the Securities Exchange of India. It is […]
LONGi joined EV100 and EP100 Initiative to continue to Inject “Green Power” into Climate Action!
Abstract: LONGi became the first Chinese company to join the RE100&EV00&EP100 initiatives, becoming the flagship of China’s climate action SHANGHAI: On November 7, the grand occasion of the 3rd China International Import Expo (hereinafter referred to as “CIIE”) was still in full swing. At the UK Pavilion, LONGi’s founder and president Li Zhenguo announced ” Net Zero carbon […]
Green Power to Draw $11 Trillion Investment by 2050: BNEF
Energy transition needs to speed up to limit global warming Wind and solar will grow to 56% of global electricity in 2050 Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and more of the world’s energy comes from electricity. That’s the latest […]
India may close its dirtiest coal plants as green focus grows
The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit of electricity, according to people with knowledge of the issue India is considering a proposal that may force some of its dirtiest coal plants to close, […]
State of Michigan Seeks Proposals for Energy Storage to Complement Green Power
Having approved hundreds of wind turbines and solar arrays, the state of Michigan is looking to bolster its renewable energy offerings by seeking proposals for the creation of an energy storage roadmap for the state. Having approved hundreds of wind turbines and solar arrays, the state of Michigan is looking to bolster its renewable energy […]
Merkel Is Under Pressure to Fix ‘Alarming’ Green Power Gridlock
Germany’s leading utilities and environmental groups stepped up pressure on Chancellor Angela Merkel to fix a system that has stalled growth in installing wind and solar farms. Source: bloombergquint
Google Unveils Largest Green Power Investment Plan Ever
Google on Sept. 20 unveiled a renewable-energy investment plan at an unprecedented scale which involves 18 transactions in PV power and wind power worldwide. The total capacity of the project is estimated at around 1.6 GW (1,600 MW). As a result of the investment, the total green-energy purchase of the company is expected to reach […]
Green power: Renewable energy use rises, but still behind target
Rajasthan, Tamil Nadu, Gujarat, Punjab, Maharashtra and Telangana — which have 56% of the country’s installed renewable capacity — could not fulfil the RPOs in FY19, though they all met the target in FY18. The use of renewable power by states is on the rise but is trailing the targets set by the power ministry. […]