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Electricity Market

“We need to increase our per capita energy consumption three-fold”

Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […]

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Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report

India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […]

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Sunrun Completes Acquisition of Vivint Solar Creating 3 GW Conglomerate

Sunrun has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. Sunrun, a leading provider of residential solar, battery storage and energy services, has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. This follows approval by […]

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Duke Energy to Expand EV Charging in South Carolina

The PSCSC has approved two Duke Energy pilot programs that will allow South Carolina to join other states in deploying EV charging infrastructure. As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow South Carolina to […]

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Renewables get an Early Start on Beating Coal Generation: IEEFA US

The market window for coal-fired electricity in the US is closing faster than ever in a shift that is especially clear as autumn sets in. From July through October 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the US on nine days—easily topping the total of five days recorded over […]

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Solis Conferred With Best Power Conversion System Supplier Award

Ginlong Technologies (Solis), a global leader in solar photovoltaic string inverter manufacturing, has won the ‘Best PCS Supplier Award’ in China’s energy storage industry 2020 at the 10th China International Energy Storage Conference in Shenzhen. “We are honoured to have won this award, which is the market’s recognition of Solis’ products,” said Sandy Woodward, Sales […]

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MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations

In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […]

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EBRD to Support Largest Renewable Energy Project in Greece

Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […]

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Nextracker’s Bifacial Solution Selected for Largest Solar Plant in Australia

Nextracker has announced that its solar tracker technology has been chosen for the largest solar plant in Australia, a 460 MWp project in Queensland Nextracker, a flex company, has announced that its solar tracker technology, NX Horizon has been chosen for the largest solar plant in Australia, a 460 megawatt-peak (MWp) installation in Queensland’s Western […]

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