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Electricity Act

France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded

The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […]

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The Top 5: Largest Battery Energy Storage Systems Worldwide

As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […]

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MAHAGENCO Invites EOI for 600 MW Solar Projects in Maharashtra

Under the “Mukhyamantri Saur Krishi Vahini Yojna,” the Maharashtra State Power Generation Company (MAHAGENCO) has invited an Expression of Interest to establish six solar power plants in six different regions of Maharashtra with a cumulative capecity of 600 MW. Each plant has 100 MW of capacity.  The projects will be implemented in Nagpur, Amravati, Aurangabad, […]

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Pakistan Looks to Add 9000 MW Solar on Priority to Address Energy Crisis

The Pakistan government, stung by a persisting power crisis that has brought both outages and spiraling power costs in its wake, has finally changed course to add more solar to its grid.  While announcing plans to target 14,000 megawatts of solar capacity this year, the country is seemingly making up for lost time. We have […]

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Explained: The Arrival Of Big Batteries For Energy Storage

Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […]

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Denmark, Germany to Develop Bornholm Energy Island of 3 GW

The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […]

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Mahindra Launches New Electric 3-Wheeler with Starting Price at Rs 3.60 Lakh

Zor Grand, an entirely new electric three-wheeler from Mahindra Electric Mobility Limited (MEML), a member of the Mahindra Group, has been introduced recently. The vehicle’s starting price is Rs 3.60 lakh, ex-showroom Bengaluru. The innovative Li-ion battery technology used in the Zor Grand electric three-wheeler ensures a charging period of fewer than four hours and […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023

According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […]

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