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Electricity Market

Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC

The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain.  Having the right supply chain strategy is crucial […]

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New York To Get 100 MW Battery Storage

Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […]

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IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition

IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […]

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital

I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […]

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In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets

NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […]

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Accenture Makes Strategic Investment in Reactive Technologies

Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […]

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Husk Power 1st Minigrid Firm to Power 100 Communities, 5000 Micro-Enterprise Customers

Husk Power has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Husk Power Systems, a leading rural energy company operating renewable minigrids in Asia and Africa, has announced that it has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Despite the […]

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Can China Become ‘Carbon Neutral’ by 2060?

Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […]

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