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Electricity Market

Power Consumption By EVs Up 216% In Maharashtra

In a sign of things to come across more and more states in India, the sale of power for electric vehicles in the state has increased by 216% in ten months — from 4.56 million units in September 2022 to 14.44 million units in July 2023, Chairman and Managing Director of Maharashtra State Electricity Distribution […]

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Andhra Biggest Beneficiary in India Under Ujala Scheme 

The latest data furnished by the Minister of Power RK Singh claimed that Andhra Pradesh is the biggest beneficiary of the Union government Ujala scheme. This scheme is meant for promotion of energy-efficient LED street lights in the country. The data indicates that Andhra Pradesh tops the list with the highest number of installed LED street […]

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CERC Relaxes Rules to Address Impending Power Shortages

The Central Electricity Regulatory Commission (CERC) has relaxed the rules governing the sale of electricity by generating companies to increase power availability. The new rules allow generating companies to sell un-requisitioned power in the day-ahead market without the beneficiaries’ consent. It is a departure from the previous rules, which required the beneficiaries’ consent before the […]

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Sungrow Signs127 MWh Energy Storage Deals In Israel

Sungrow, the global leading inverter and Energy Storage System (ESS) supplier, has inked a milestone deal with EDF Renewables Israel, the leading renewable energy company in Israel, to deliver cutting-edge liquid-cooling storage systems PowerTitan for a substantial 127 MWh energy storage projects. These projects with  EDF Renewables Israel follow the successful signing of previous 50 […]

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Solar Pumps, Refrigerators To The Rescue In Benin, West Africa

In the Kalalé District of Benin, West Africa, basic health services are hard to come by. Historically, a lack of electrical infrastructure in this region has meant no power to pump clean water or refrigerate vaccines. That has now changed due to a recently completed project by the Solar Electric Light Fund (SELF), with funding from the Millennium Challenge […]

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Solar’s Slow Rise In Sun Drenched Pakistan

Extensive load shedding and high and rising electricity costs are a few of the reasons for consumers to seek a switch to solar power in Pakistan. With industry pointing out that the nation pays some of the highest electricity tariffs in South Asia, it is indeed a wonder why solar has not established a stronger […]

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IRA Has Turbo Charged American Solar Manufacturing-SEIA

The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […]

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CERC Grants Extra Time For Power Exchanges For Settlements

The Central Electricity Regulatory Commission (CERC), in its latest order, extended the time period to one year for the power exchanges to carry out the Clearing and Settlement as per the Payment and Settlement Systems Act (PSSA), 2007. As per CERC (Power Market) Regulations 2021, these power exchanges that were granted registration by the Commission before […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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