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Electricity Market

Fortum Gets Award for Renewable Energy Promotion in Russia

This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […]

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Shell Acquires 20% Stake in Bengaluru-Based Orb Energy

Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […]

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India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region

India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […]

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Carnegie Mellon University Signs Multiyear RE Agreements With Engie

Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […]

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India has a Plan to Replace Coal With Renewables: Environment Secretary

Reduction of coal consumption is not a one-day process and India has a long-term plan to gradually replace coal with renewable energy, a government official has confirmed Reduction of coal consumption is not a one-day process and India has a long-term plan to gradually replace coal with renewable energy, Union Environment Secretary C K Mishra said on […]

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Solar Project to Electrify 10,000 Homes Launched in Pakistan

Pakistan has launched a solar energy project which aims to electrify 10,000 homes across the country in the next three years. Pakistan has launched a solar energy project which aims to electrify 10,000 households across the country in the next three years, the media reported. homes Addressing the launch of Hilton Pharma’s CSR initiative titled […]

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India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal

India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […]

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Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter

Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […]

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