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Electricity Market

India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period

The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […]

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Indian Airports Move Towards Renewables, Glare Hazards Pose New Challenge

By-Ravleen Kaur Earlier in March, the Airports Authority of India (AAI) announced that it will use 100 percent renewable energy at all its airports by 2024. AAI is India’s public sector airport developer and operator. Of the 137 airports it manages, the statutory body has, already commissioned in-house solar plants at 38 airports with a capacity of 40 […]

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Solar Feeders Promise To Fulfil Solar Targets in Agriculture

Radheshyam Singh is a marginal farmer from Noorsarai in the Nalanda district of Bihar. While a few farmers from the district have availed the benefits of off-grid solar pumps for irrigation in the past, Radheshyam and most of the farmers in the neighbourhood still depend on the grid. However, dependency on the grid for irrigation […]

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RWE Partners with Stanwell Corporation for 1.8 GW Onshore Wind in Australia

German multinational energy firm headquartered in Essen that generates and trades electricity in the Asia-Pacific region, and delves into offshore wind power generation, RWE has joined hands with power provider Stanwell Corporation. The two firms have entered into a memorandum of understanding (MoU) for two Queensland onshore wind projects. These will boast an aggregate capacity […]

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Sterlite Power Wins Green Energy Transmission Project in Rajasthan from RECPDCL

Sterlite Power, a private sector power transmission infrastructure developer and solutions provider, has secured the order for Rajasthan Phase-III (20 GW), Part F Transmission project. This order win marks Sterlite Power’s second venture into green energy transmission projects in the state of Rajasthan. The project was bid out through tariff-based competitive bidding (TBCB) process. Sterlite […]

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Australian Firm Powerledger Takes Its Blockchain Public, With New Solution

Energy software technology company Powerledger has revealed its fast ‘Powerledger chain’ for the global energy industry. The company said that Powerledger Chain would support Powerledger’s own applications and third-party applications, as well as be open for public domain electricity use cases, interested in introducing new services and products to the market. “Our mission with blockchain […]

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KERC Issues Draft Norms For Pre-Paid Meters For All Power Consumers

The Karnataka Electricity Regulatory Commission (KERC) has now issued a draft notification to allow all categories of power consumers to install pre-paid electricity meters. Earlier pre-paid meter connections were confined to certain categories of power consumers only in the state.  The Commission has now sought the public’s response to the draft regulations within one month. The new norms have […]

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Duke Energy Offers RECs For Residential, Small Biz in Florida

American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […]

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