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A new court case has given oil companies the opportunity to admit, on the record in open court, that climate change is real. Learn the implications of this for climate, business, and investing.
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The world’s first megawatt-scale hydrogen fuel cell generation plant powered entirely by renewable energy is now being planned for development at the Port of Long Beach by Toyota Motor North America. The planned “Tri-Gen” facility will feature a hydrogen fueling station, as one would expect, with plans calling for the feedstock to be agricultural waste [...]
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One of India’s leading solar power project developers – Azure Power – managed to raise $500 million through bond sale to overseas investors. The proceeds from the bond sale will be used to purchase rupee-denominated debentures and loans of subsidiaries that directly own several solar power projects across India. The company has more than 1,100 [...]
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India’s first attempt to include battery-based storage with utility-scale solar power projects has failed. Solar Energy Corporation of India recently announced that it had to cancel two solar+storage auctions. SECI believed that tariff bids for these projects could not have matched the bids for normal utility-scale solar power projects. SECI had announced two tenders for [...]
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Delay in payments from utilities, non-compliance with renewable energy procurement targets and non-availability of transmission infrastructure for power injection are some of the major issues Indian renewable energy developers are facing. These must be addressed on an urgent basis if the Indian government hopes to achieve 175 gigawatts of installed renewable energy capacity by March [...]
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15 project developers on the verge of commissioning their utility-scale solar power projects in the Indian state of Uttar Pradesh recently received a shock when the state’s regulator asked them to reduce the tariff for their projects. Competitive auctions held in 2015 in Uttar Pradesh saw utility-scale solar power projects allocated to 15 developers in [...]
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Solar power market in India seems to have expanded at such an astounding pace that now states are unwilling to accept more solar power market, such a case has propped up in the state of Andhra Pradesh. According to media reports, Andhra Pradesh has refused to sign power purchase agreement for 250 megawatt solar power [...]
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Amidst continued border issues, China has warned India against levying any anti-dumping duties on solar modules. Chinese officials warned India against the use ‘trade remedies’ less than a week after India’s Directorate General of Anti-Dumping and Allied Duties announced that it shall undertake anti-dumping investigations into solar modules imported from three countries – China, Taiwan [...]
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Indian government’s think tank has proposed in the National Energy Policy to withdraw all incentives available to the renewable energy sector to be withdrawn gradually with none available from 2022. According to media reports, quoting senior government officials, market forces will be allowed to determine the price and position of renewable energy sources within the [...]
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India has auctioned the largest capacity of rooftop solar power projects in history and the results are extremely promising and could provide a much-needed boost to the rooftop solar power market. The Solar Energy Corporation of India (SECI) recently announced that it auctioned just over 503 megawatts of rooftop solar power projects across 35 states [...]
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