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Electricity Act

Goldi Solar Gets 190 MW Module Order From ENGIE India

Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services.  The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Wind Energy Takes Centre Stage at COP28

COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts.  1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […]

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Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project

Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA

IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […]

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K Shanmugha Sundaram Takes Over as Director (Projects) at NTPC

K. Shanmugha Sundaram has taken charge as Director (Projects), NTPC on December 1, 2023. K. Shanmugha Sundaram is a 1988 batch Electronics and Communication Engineering graduate from the Government College of Technology, Coimbatore with PGDM from MDI Gurgaon in the area of Strategy & Finance. Prior to joining as Director (Projects), NTPC Limited, he was […]

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Sierra Leone Set to Welcome its First Wind Farm in Sherbro Island

Sierra Leone is set to welcome its first wind farm at Sherbro Island. Towards this, the generation unit of Octopus Energy has joined hands with Idris Elba and Sherbro Alliance Partners (SAP) to realise this goal. Sherbro Alliance Partners is an infrastructure development firm. The significant announcement was made at COP28. The agreement will pave […]

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WBSEDCL Floats Tender for O&M of Solar Plants of 40 MW Capacity

West Bengal State Electricity Distribution Limited (WBSEDCL) has floated a tender for comprehensive O&M solar plants of four 10 MW ground mounted solar power plants. The completion time is three years from the date of handing over the site. The estimated cost of the project is INR 5,40,00000. The Earnest Money Deposit to be made […]

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