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Next Intervention in Power Systems Operation is AI: POSOCO CMD

National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that POSOCO will use for demand forecasting is AI (Artificial Intelligence). National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that Power System Operation Corporation (POSOCO) will use for demand forecasting is AI (Artificial Intelligence). Speaking […]

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Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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AP Govt Seeking Private Investments for Large Scale RE Projects

The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector, as the state is looking to exploit its immense potential to produce solar and wind power. As reported […]

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MNRE Slashes Benchmark Costs for Rooftop Solar Installations

MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […]

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Electricity Demand to take Lasting 7-17% hit due to COVID-19: TERI

A new report released by TERI suggests the demand for electricity in India is expected to be 7 – 17 percent lower by 2025 due to the COVID-19 economic shock A new report released by The Energy Resource Institute (TERI) gives a picture of how electricity demand would be affected by the economic effects of […]

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EDF Renewables Announces Wind Projects Worth 360 MW in Chile

EDF Renewables has announced two significant steps forward in wind power in Chile. The first relates to the 60 MW extension of the Cabo Leones I wind farm located in northern Chile. The second relates to the award of land allowing up to 300 MW wind capacities. These future developments form part of the EDF […]

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Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […]

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Ayala’s AC Energy to Build 100 MW Solar Plant in India

Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant in Rajasthan, India. Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant through its joint venture with UPC Renewables China […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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