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Update on Alberta's Renewables Pause: AUC Inquiry and Interim Requirements

Approximately five weeks have passed since the Alberta government directed the Alberta Utilities Commission AUC or Commission to pause issuing new approvals for renewable electricity projects until at least February 29, 2024, which we discussed in our prior blog post, Albertas Pause on Renewable Projects: What We Know So Far. The AUC recently provided further details regarding the government-directed inquiry to be held regarding the key issues of concern with renewable power projects in Alberta....
Larissa Lees Martin Ignasiak Jessica Kennedy Nathan Green Energy Regulatory Alberta Utilities Commission

Federal Government Asserts Jurisdiction over Electricity in New Draft Regulations

The Canadian government released its long-anticipated draft Clean Electricity Regulations Regulations on August 10, 2023,1 setting out its approach to mandating a net-zero emissions power grid by 2035. In this note, we offer our insight on this federal regulatory initiative that will have implications on the electricity industry across Canada and is certain to be controversial in some regions of Canada, setting the stage for jurisdictional challenges and regulatory uncertainty, all of which mus...
United Kingdom Jonathan Wilkinson Martin Ignasiak Larissa Lees Nathan Green Scott Moe

renew project: ReNew gets Rs 2,700-cr project loan from SBI

ReNew has secured a project loan of โ‚น2,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them - but to only those with a robust equity component in the capital structure.
Kailash Vaswani State Bank Power Project Renew Project Project Loan Sbi Renewable Projects

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renew project: ReNew gets Rs 2,700-cr project loan from SBI

ReNew has secured a project loan of โ‚น2,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them - but to only those with a robust equity component in the capital structure.
Kailash Vaswani State Bank Power Project Renew Project Project Loan Sbi Renewable Projects

John Kerry: Nirmala Sitharaman, John Kerry discuss investment platform for greenfield renewable projects

โ€‹โ€‹ "FM Smt. @nsitharaman and Mr. @JohnKerry U.S. SPEC @ClimateEnvoy exchanged views on joint efforts and commitments by both countries to achieve climate, economic and strategic technology cooperation goals," the finance ministry said in a tweet.
United States New Delhi John Kerry Finance Minister Nirmala Sitharaman United States Special Presidential Envoy Climate John Kerry

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