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Electricity Market

The Top 5: Improbable Energy Storage Possibilities Turned into Reality

The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […]

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Lower Auction Volumes, Supply Chain Challenges May Slowdown 20% of India’s PV Capacity Additions in ’23: IEA

The IEA (International Energy Agency), in its latest study, “Renewable Energy Market Update 2023 & 2024” has offered significant insights on worldwide markets in the renewable segment. The revelations of the report are as follows- Global Renewable Capacity Additions  As per the report, the global renewable capacity additions are set to soar by 107 gigawatts […]

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C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

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What’s Wrong With Mexico’s Solar Plans?

Mexico, situated in one of the sunniest parts of the world with a strong manufacturing base and growing energy demand should have been among the leaders in the transition to renewable energy. However, the country has underperformed massively, perhaps even flowing under the radar of more intense global attention, as it pays lip service to […]

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Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China

The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […]

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CEA Amends Norms To Offer RTM For Cross-Border Power Trading

The Central Electricity Authority (CEA), in its recent order, has amended the procedures for approval and facilitation of the import and export of electricity with neighbouring countries. The order said that the move was taken to accommodate the participation of the Real-Time Market (RTM) segment in addition to the existing Day-Ahead Market (DAM) for electricity […]

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Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying

For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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