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Electricity Market

6 States to Lead Growth in Indian Renewable Open Access Space: Study

The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […]

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UK-based Octopus Group Buys 181 MW Wind Farm in Australia

Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […]

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Developing Energy Storage Key for India’s Decarbonisation, finds Study

In order to achieve its target of 450 GW of wind and solar by 2030, India’s wind and solar capacity must grow 20% year-over-year between 2022 and 2030. Developing energy storage is a key avenue for increasing India’s power system flexibility and the share of renewables and ultimately enabling India’s decarbonisation, finds a new study by the […]

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Wind Energy Accounted for 42% New U.S. Capacity in 2020

More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […]

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New Green Standards Proposed for Power Gen Companies in Singapore

In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs.  However, in April this year, the island nation achieved its target for the year […]

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Tata Motors Launches Tigor EV Sedan Starting at Rs 11.99 L

Auto major Tata Motors has launched a new car — the Tigor EV, which comes with an ARAI-certified range of 306 kms (under standard testing conditions) and is available in 3 variants, i.e. XE (for Rs 11.99 lakhs), XM (for Rs 12.49 lakhs), and XZ+ (for 12.99 Lakhs; Dual Tone option – for Rs 13.14 lakhs). […]

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EC Approves $ 6.7 billion Scheme in France for Rooftop Solar

Rooftop solar development in France is set to get a big fillip with the European Commission approving a $6.7bn (€5.7bn) scheme to support renewable power generation from small solar installations located on buildings. France is also a founding member of the International Solar Association. Approved under European Union (EU) state aid rules, the scheme will […]

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“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables

As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […]

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Sungrow Supplies the Largest Solar-plus-Storage Solution for Egypt Mining Site

Sungrow, the global leading inverter solution supplier for renewables, has announced a contract to supply equipment to the German developer juwi for the 36 MW off-grid solar farm and a 7.5MW battery energy storage system at Sukari gold mine operated by Centamin in Egypt. The project will be the largest solar-plus-storage plant located at a […]

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