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Electricity Act

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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Argentina’s Renewable Projects Likely to Hit by Covid-19, Tightening of Economy

The construction and commissioning of renewable energy projects in Argentina are expected to get delayed on the back of the coronavirus crisis and tightening of the economy during the last two years. The reason behind the delay in the commencement of construction projects was due to the tightening of the economy which had restricted project […]

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ReneSola Joins Consortium Developing 30 MW Solar Plant in France

ReneSola has announced it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. ReneSola, a leading fully integrated global solar project developer, has announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce […]

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NTPC Offers Rs 1363 Cr Discount on Fixed Charges to Discoms During Lockdown

NTPC will be giving a discount of Rs 1363 crore to Discoms on fixed or capacity charges that they owe during the lockdown period this fiscal year. NTPC Limited, the largest electricity generator in the country has announced that it will be giving a discount of Rs 1363 crore to distribution companies (Discoms) on fixed […]

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Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report

As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […]

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India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL

In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […]

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Top 10 States for Wind Energy Installations and Potential in India

Here we attempt to list the top 10 states for wind energy in India based on the installed capacity and their wind potential (at 120 M agl). India has set a target of installing 175 gigawatts (GW) of renewable energy capacity in the country by 2022, of which a majority is proposed to be met […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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