Renewable Energy

The Surprising Country Investing Big In Energy Storage

In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […]

Read more

Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25

Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […]

Read more

After HC Order, KERC Brings New Draft Open Access Rules

Days after the Karnataka High Court struck down the Centre’s rules on Green Energy Open Access and the corresponding state regulations, the Karnataka Electricity Regulatory Commission (KERC) has introduced a fresh set of draft regulations on open access. KERC has invited stakeholders to submit their objections and suggestions before February 15, 2025. The new draft […]

Read more

Maharashtra: BrightNight Commissions First Phase Of 115MW Hybrid RE Project

US-based BrightNight, a global renewable power producer, recently commissioned the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project in India. It’s also one of the first co-located wind-solar projects in Maharashtra. The project is located in Dharashiv, Southern Maharashtra, and spanning about 1400 acres, Optima Maharashtra integrates advanced wind and solar […]

Read more

Clean Energy Investments To Reach $670bn In 2025: Report

S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […]

Read more

December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit

Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […]

Read more

Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

Read more

9.6 GW Of Renewable Capacity Under Construction: NTPC

Indian power behemoth NTPC Limited said it has around 9.6 GW of renewable energy projects under construction. The Central Public Sector Enterprise (CPSE) furnished the information while discussing its capacity additions in Q3 of FY25. The company said that it recorded a generation of 326 BU (Billion Units) at the end of the third quarter […]

Read more

South Africa Announces 8 Bidders For 1.76 GW RE Projects

South African Electricity and Energy Minister, Kgosientsho Ramokgopa recently appointed eight preferred bidders to develop eight renewable energy projects. These projects will be developed under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7. The project has a combined contracted capacity of 1.76 GW. It further awarded the project to eight preferred […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll