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Germany Approves NECP, Targeting 30% Renewable Energy by 2030

The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […]

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90% Rise in Digital Payments Recorded During Lockdown by Discoms

The Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus lockdown. The power Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus-induced lockdown. Tata Power Delhi Distribution Limited (TPDDL), serving around 70 lakh consumers in north […]

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Eneco Agrees PPA for Partial Output From 250 MW Dutch Wind Farm

Eneco has entered into a 15-year PPA recently with SwifterwinT, for the purchase of the power supplied by SwifterwinT’s 37 onshore wind turbines. Eneco has announced that it has entered into a 15-year contract recently with SwifterwinT, for the purchase of the power (PPA) supplied by SwifterwinT’s 37 onshore wind turbines. These turbines will produce […]

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COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData

With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […]

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Clearway Completes Construction on 419 MW Texas Wind Project

Clearway Energy Group has announced that it has completed construction and brought online a 419 MW wind farm in Fisher County, Texas. Clearway Energy Group has announced that it has completed construction and brought online Mesquite Star, a 419 megawatt (MW) wind farm in Fisher County, Texas. The project is contracted under an aggregation of […]

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PG&E Gets Approval for Microgrid Proposal from California Commission

The comprehensive and cost-effective microgrid proposals by PG&E, designed to reduce the number of customers affected by PSPS event has been approved. The California Public Utilities Commission (CPUC) has approved the Pacific Gas and Electric Company’s (PG&E) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety […]

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MEG and Partner Develop new Plan to Facilitate Sale of 2000 EV Buses in China

MEG and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to help facilitate the sale of more than 2000 EV buses in China Ideanomics has announced that its subsidiary – Mobile Energy Global (MEG) and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to […]

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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA

The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […]

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