The Department of Energy (DOE) will craft separate “remuneration packages” on hydropower and geothermal technologies in the targeted auction of renewable energy (RE) capacities for compliance of mandated participants to the Renewable Portfolio Standards (RPS) policy. A revised DOE circular said...
The Department of Energy (DOE) is proposing to hike the increment of renewable energy (RE) installations under the Renewable Portfolio Standards (RPS) policy by more than double or 2.52 percent by year 2023. DOE Logo Under the original RPS rules, the yearly increment for RE installations had just...
There was some degree of frustration on the part of the renewable energy (RE) developers, as their widely anticipated capacity tendering under the Green Energy Auction Program (GEAP) has been delayed again from its August 31 timeline. DOE Logo The RE investors are ready to place their bets for the...
Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial flows to clean energy ventures. In a virtual forum convened...
The rules for the targeted green energy auction program (GEAP) will be laid down next month, according to the Department of Energy (DOE), but the actual bidding for renewable energy (RE) capacity installations will likely be undertaken second half of the year yet. Energy Assistant Secretary...