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Electricity Act

Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business

A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […]

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EU Focus On Renewables Could Add 69 GW in 2023

The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […]

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UP Seeks To Test Solar Template At Magh Mela 2024 For Bigger Kumbh Ambitions

The Uttar Pradesh government’s plan to develop 20 solar cities by 2026-27 with a total installed capacity of 16,000 MW is beginning to show some specific outcomes. In Prayagraj, one of the cities on the list, solar energy will be used extensively during the upcoming Magh Mela-2024. Preparations have apparently begun after a go-ahead from […]

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RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible

In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […]

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MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions

The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […]

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Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study

Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […]

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CERC Declines To Give Relief To Adani Subsidiary SBSR Power Over Delay In Solar Project 

The Central Electricity Regulatory Commission (CERC), in its latest order, has refrained from granting any relief to solar power producer SBSR Power Cleantech Eleven for the delay in the commissioning of its proposed solar power project. SBSR is a subsidiary of Adani Green Energy Limited (AGEL).  The firm received a contract from the Solar Energy Corporation […]

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