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Electricity Market

Patents for Green Hydrogen Technology Increased Every Year By 18%

The International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) published on May 12 a joint study about the trends and dynamism in the field of hydrogen that can be produced using renewable electricity via electrolysis. Using the patent statistics, the innovation trends in electrolysers for hydrogen production show a consistent pattern that […]

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ACEN, Puri Usaha Group partner to develop RE in Indonesia

Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […]

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Saint-Gobain and Sembcorp Collaborate for Green Power Capacity Building

Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) have signed a long-term wind-solar hybrid energy supply agreement. GIWEL is a subsidiary of Sembcorp Green Infra’s (SGIL) which itself is a wholly owned subsidiary of Sembcorp Industries. Supporting the commitment of Saint-Gobain to achieve carbon neutrality by 2050, Sembcorp will supply 33MW of locally sourced […]

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Maharashtra invites bids for 325MW of wind energy supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. According to the notification, the last date for bidding is kept at June 9, 2022. It says that the […]

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The Top 5: The Net Zero Commitments of Mining Firms & The Opportunity For Renewable Energy

A mining company can never walk away from environmental damage and pollution. With the sentiments now focused on bringing down the emissions to achieve net-zero carbon emission targets, the top miners have also set their emission reduction goals. This article lists down the net-zero targets and measures by top mining companies based on their market […]

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Hanwha invests $320M in cell, module mfg capacity expansion

Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading

Central Electricity Regulatory Commission (CERC) ordered on May 9 that the allocation of transmission corridor among the Power Exchanges shall be governed by a new set of principles from June 1. A bench of four judges under the chairmanship of IS Jha ruled that the old order of 04.04.2016 extending priority allocation of 10% in […]

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Karnataka to optimise RE with storage support

The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […]

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