Falling Renewable Power Costs Open Door to Greater Climate Ambition: IRENA

Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report from the International Renewable Energy Agency (IRENA) shows. The report contributes to the international discussion on raising climate action worldwide, ahead of Abu Dhabi’s global preparatory meeting for the United Nations Climate Action Summit in September. With […]

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Renewables can achieve global climate, energy goals without damming the rivers: WWF

With thousands of hydropower dams planned across the globe, a new report from WWF and The Nature Conservancy demonstrates how the renewable energy revolution can solve the world’s climate and energy challenge without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World […]

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MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector

Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector on Tuesday. The ‘Chintan Baithak’ (meet) was chaired by Secretary, MNRE, Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of major RE developers, equipment manufacturers, financers, regulators, think-tanks, industry bodies and […]

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Average spot power price falls 19 per cent to Rs 3.22 a unit in April

Average spot power price at the Indian Energy Exchange (IEX) declined 19 per cent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on the supply side. “The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 per cent […]

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MNRE organizing ‘Chintan Baithak’ brainstorming session on renewable energy

The Ministry of New and Renewable Energy (MNRE) is reportedly gearing up to organize ‘Chintan Baithak’ a brainstorming session for all stakeholders in the renewable energy sector. The ministry is organizing this brainstorming session looking into the slowdown in commissioning of such projects mainly due to differences between the government and developers over issues such […]

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India and Bhutan finalizes Mangdecchu hydro project’s power tariff protocol

India and Bhutan has finally signed tariff protocol for the output of 720 MW Mangdechhu hydro project. The Protocol was signed between both the countries on 23rd April, 2019 by Dasho Yeshi Wangdi, Secretary, Ministry of Economic Affairs, RGoB and Ajay Kumar Bhalla, Secretary, Ministry of Power, GoI. Prior to this protocol finalization, basic tariff […]

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ASSOCHAM, REPA sign MoU to Hydropower, new and alternate energy

The Renewable Energy Promotion Association (REPA) and The Associated Chambers of Commerce & Industry of India (ASSOCHAM) on Wednesday inked a Memorandum of Understanding (MoU) in New Delhi. As per the MoU, both ASSOCHAM and REPA would collaborate together to promote substantial and tangible actions to increase the co-operation between the two associations. These are some […]

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Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism: ADB

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) 2019, ADB’s flagship annual economic publication, forecasts the economy to grow at 5.7% this year and 6.0% in 2020. This is following the slipping of growth […]

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Landmark multi-billion dollar natural gas deal signed by Papua New Guinea

Papua New Guinea has agreed terms for a new multi-billion dollar natural gas project with Total, ExxonMobil and Oil Search that would double energy production and boost exports from the poor Pacific nation. Announcing the deal Tuesday, Prime Minister Peter O’Neill vowed the much-needed investment of nearly $13 billion would benefit local communities which have […]

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ENN Clean Energy Value Chain Makes Its Grand Debut at LNG2019

Themed around “LNG for a Sustainable Energy Future”, the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) had its grand opening at Shanghai World Expo Exhibition & Convention Center on April 2nd, 2019. ENN, one of the leading clean energy provider in China, presented a panorama of its full clean energy value chain […]

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