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Electricity Market

Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital?

In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […]

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Swiss Firm Claims Solid State Battery With 50% Better Environmental Balance

Swiss Battery Startup High Performance Battery (HPB) claims that it has developed the world’s first solid-state battery whose core – unlike all other solid-state battery projects – is the result of a chemical reaction within the battery. Whereas solid ion conductors are usually inserted into the battery as prefabricated parts, the HPB solid ion conductor […]

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Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants

London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […]

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Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA

The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […]

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FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning

The Forum of regulators (FOR) is  a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […]

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Siemens Gamesa to Supply Largest Wind Farm in the Philippines as Wind Momentum Builds in the Country

Siemens Gamesa has secured a landmark order to supply, install and commission 32 onshore turbines for the largest wind farm in the Philippines to date, marking a resurgence for the wind industry in the country. The 160 MW Balaoi & Caunayan wind project will be developed by Asia’s pioneering renewable energy developers UPC Renewables and […]

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IFC Supports Wind Projects to Advance Renewable Energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […]

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Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units

Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […]

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Pattern Energy and Uniper Sign Long-Term Power Purchase Agreement for New Mexico Wind Project

Power to be delivered from largest single-phase renewable energy build out in history Pattern Energy Group LP (Pattern Energy) and international energy company Uniper today announced they have signed a 15-year power purchase agreement for up to 219,000 MWh per year of wind energy in New Mexico, enough to power more than 20,000 homes annually. The […]

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