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Electricity Act

India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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IEX Year End Review: DAM Prices Witness A Decline In FY24

Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase.  In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […]

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Bhilai Steel Plant To Setup Solar Plant In Its Township

The Steel Authority of India (SAIL) flagship plant, Bhilai Steel Plant (BSP), plans to increase its green energy efforts by putting in solar power systems throughout its township and grounds. To carry out solar power generation projects, BSP and the Chhattisgarh State Renewable Energy Development Agency (CREDA) have inked a memorandum of agreement. With the […]

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Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US

Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […]

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GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green

The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […]

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News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […]

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Senior Primary Design Engineer

To act in a senior technical capacity in producing WSP engineering related project deliverables relating to Primary Engineering for Transmission & Distribution, Renewable (Onshore & Offshore wind/ Solar), BESS projects. This includes (but not limited to): Draft proposals and develop scopes, including conceptual designs and execution plans. Generate engineering cost and man-hour estimates, as well […]

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Grid Optimization: Heimdall Power’s Magic Balls Make A Mark

As our energy demands evolve and renewable sources become increasingly integrated into our power networks, the need for innovative solutions to optimize grid performance has never been more pressing. Especially with higher injections of variable renewable energy, grid optimisation has never been more important. The new form of cutting-edge technologies, from advanced sensors and smart […]

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News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN

BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […]

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