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BERC proposes draft regulations for green energy open access
The Bihar Electricity Regulatory Commission (BERC) has released a consultative paper on the draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. The draft policy enables voluntary procurement of green energy in increments of 25 per cent, up to 100 per cent. Tariffs will include pooled renewable energy costs, cross-subsidy surcharges capped…
Maharashtra notifies RE and storage policy with 65% target by FY36
The Government of Maharashtra has notified the Maharashtra Renewable Energy and Energy Storage Policy 2025-26 to 2035-36 through a resolution dated March 18, 2026. The policy replaces the Renewable Energy Policy of 2020 and will remain in force until March 31, 2036, following cabinet approval on February 22, 2026. Targets and storage mandate The policy…
Refex Green sets up three CBG SPVs for waste-to-gas projects
Refex Green Power Limited, a wholly owned subsidiary of Refex Industries Limited, has incorporated three new step-down subsidiaries to develop municipal solid waste-based bio-compressed natural gas (CBG) plants. The new entities are Refex CBG SPV Limited, Refex CBG SPV (Salem) Limited, and Refex CBG SPV (Madurai) Limited. Each of them has been established with a…
Schneider Electric Infrastructure reports 14.3% growth in order backlog
Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25. In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from…
Ocean Winds submits planning application for 2 GW offshore wind farm
Ocean Winds (OW) has submitted its first planning consent application for onshore works to Aberdeenshire Council for the 2 GW Caledonia offshore wind project in Scotland. This follows the completion of the project’s environmental impact assessment (EIA), which includes detailed studies of both onshore and offshore infrastructure. The onshore component of the Caledonia project includes…
Masdar completes €3.2bn acquisition of Terna Energy
United Arab Emirates-based clean energy company Masdar has finalized its €3.2 billion ($3.3 billion) acquisition of Greece’s Terna Energy, the largest deal on the Athens Stock Exchange. The acquisition, announced in June 2024, involved the purchase of 70% of Terna Energy shares at €20 ($21.1) per share from GEK Terna and other shareholders. Masdar plans…
