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Electricity Market

We May Soon Say Goodbye to Monofacial

When Solar industry is working on finding various ways to optimize Solar Project cost, second challenge has already surfaced, land use impact. Please do not misinterpret the headline here, since monofacial isn’t going out of the market. Solar PV industry is still working to deploy monofacial particularly in countries where land is still not perceived […]

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EDFR Acquires California-Based EV Charging Firm PowerFlex

EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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Engie Acquires African Off-Grid Energy Firm Mobisol

ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […]

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Rays Power Infra to Invest Rs 1700 cr to Develop Solar Projects in India

Rays Power Infra is set to invest over Rs 1700 crore to develop & construct accumulative of 450 MW solar projects under open access regulations across India Rays Power Infra, a leading solar power company with its presence across India, is set to invest over Rs 1700 crore to develop and construct accumulative of 450 […]

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MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO

MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […]

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Delhi’s Power Demand Continues to Grow, More so on Summer Nights

Delhi’s power demand this summer peaked at nights with cooling load due to the use of AC, coolers contributing to the maximum consumption of electricity The power demand in Delhi this summer peaked at night with “cooling load” due to the use of AC, coolers and fans contributing to the maximum consumption of electricity. Data from […]

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REC Sales Drop to Nearly Half in August

The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […]

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Bangladesh Gets $185 mn World Bank Financing for Renewable Energy

The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […]

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