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Electricity Market

Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac

A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […]

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STFI Successfully Completed a Decade of its Journey

Solar Thermal Federation of India (STFI), an industry body of solar thermal manufacturers, has successfully completed its journey of a decade on Thursday. The organization was formed on June 4, 2010, with the objective of improving the interface with the Government agencies on policies and legislations, creating product standards, collecting and maintaining industry data and […]

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LONGi, Dupont Ink Strategic Cooperation Pact to Develop High-Quality Modules

With an aim to jointly develop high-quality modules, LONGi, Chinese solar photovoltaic (PV) module manufacturer, has entered into a strategic cooperation pact with DuPont, which has a strong presence in backsheets, metallisation pastes and sealant market for solar installations, in Shanghai. As per the agreement signed, the two companies aimed to high-quality develop modules via efficient […]

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Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA

Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […]

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POSOCO Braces for Impact of Eclipse on Solar Power Generation

POSOCO has detailed the likely impacts of the annual solar eclipse on the country’s power sector/ solar generation and the preparations made to lower its impact The Power System Operation Corporation (POSOCO) has in a new report detailed the likely impacts of the annual solar eclipse, that India will be experiencing on June 21 this […]

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Five of the World’s Largest Offshore Wind Energy Farms

A list of five of the world’s largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There […]

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Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant

Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW […]

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We are on Track to reach 2 GW Renewable Development in India: Harmanjit Nagi

We are strongly committed to renewable development in India, with 2GW of renewable capacity targeted by 2022 through wind, solar and hydro projects. I’m happy to say we are on track to reach this target. Thanks to new opportunities in 2019 and early 2020, we now have significant pipeline of renewable projects under development: 1 […]

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