Energy & Power

India’s next CAFE fuel-efficiency rules for automakers

The government is preparing to circulate a fresh draft of Corporate Average Fuel Efficiency (CAFE) norms and is targeting a final notification by end-February, with indications that current small-car concessions could be removed.

Premier Energies expands into renewable EPC via new JV vehicle

Premier Energies formed HeliosAnthos Energies and will hold 51% equity in the new JV with BA Prerna Renewables to bid for and execute solar, wind, standalone battery, and hybrid EPC contracts across India.

Courts block Interior Department’s offshore wind work stoppages

In recent weeks, four federal judges issued temporary injunctions preventing the Interior Department from halting work on five advanced-stage offshore wind projects in Virginia, New York and New England.

Indian solar module makers face a near-term cell supply squeeze

Chinese solar cell prices have spiked, forcing India’s module manufacturers that rely on China to consider idling capacity or paying for expedited air freight to keep production running.

Ceigall India wins Rewa Ultra Mega Solar contract for solar-plus-storage at Morena Solar Park

Ceigall India received a Letter of Award from Rewa Ultra Mega Solar Ltd. for a 220 MW solar project integrated with battery energy storage, valued at Rs 1,700 crore, at a tariff of Rs 2.70/kWh.

US–Armenia civil nuclear cooperation agreement

The US and Armenia completed negotiations and signed a “123 Agreement” to enable US licensing of nuclear technology and equipment for Armenia, including small modular reactors.

India tightens upcoming passenger-vehicle fuel-efficiency standards

India’s Power Ministry removed a proposed exemption for sub-909 kg petrol cars from the latest draft of its upcoming fuel-efficiency (CAFE) rules.

US targets Iran oil shipping network

The US sanctioned 14 vessels and separately designated two individuals and 15 entities tied to shipping and management of Iranian-origin oil and petrochemical products.

Czech hard coal mining ends with closure of OKD’s CSM mine

State-owned miner OKD shut the CSM mine in Stonava, the country’s last deep black-coal operation, citing uneconomic production costs.

US courts clear offshore wind projects to resume building

Four judges in three courts issued temporary injunctions by Monday allowing all five US offshore wind projects currently under construction to continue turbine installation after the Department of the Interior halted work citing a classified national security risk.

Venezuela moves to open its oil sector to private investment

Interim President Delcy Rodriguez signed an oil-sector reform bill into law after the National Assembly passed it, changing the legal framework to allow increased privatisation of Venezuela’s nationalised oil industry.

US targets Cuba’s oil suppliers with new tariff authority

President Donald Trump signed an executive order authorising an additional ad valorem duty on imports from any country that directly or indirectly sells or provides oil to Cuba.

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