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Electricity Market

Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report

A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […]

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The Triple Challenge Dragging Down Solar In India

On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […]

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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Verizon Enters Renewable PPAs for 450 MW of RE Capacity

Verizon has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity Verizon Communications has announced that it has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity as part of its commitment to […]

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Longroad Completes Financing of 331 MW Solar Project in Texas

Longroad Energy has announced the financial close and commencement of construction of the Prospero 2 Solar Project, a 331 MW dc project located in Texas. Longroad Energy Holdings, a US-based renewable energy developer, owner and operator, has announced the financial close and commencement of construction of the Prospero 2 Solar Project, a 331 MW dc […]

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The Rising Need for Smarter PV Solution in APAC

The Asia Pacific region has become an exciting renewable energy market in recent years. Many countries with a planned capacity exceeding 1GW have emerged in a short period of time from this part of the world, which injected strong momentum to the PV industry. The local governments have started to provide ample support to the […]

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Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm

Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […]

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MERC Rejects Grace Period Sought by 28 RE Generators

Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […]

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Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac

Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […]

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