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Electricity Market

Six More Cities Now Get EESL’s Super-Efficient ACs

These ACs will undergo no de-rating even at 43oC, which leads to continuous effective cooling even at high temperatures up to 52 oC. After introducing first-of-its-kind super-efficient Air Conditioners (ACs) for Delhi consumers, the government-backed Energy Efficiency Services Ltd (EESL) has expanded this programme to six more cities i.e. Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai and […]

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Canadian Solar Begins Operation of Largest Solar Plant in Argentina

Canadian Solar has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation last month Canadian Solar, one of the world’s largest solar power companies, has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation. Located in the Province of Salta, the solar project is powered by over 289,000 high-efficiency […]

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Setting up of Renewable Projects Without PPAs: NTPC Chairman

NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […]

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EESL Floats Tender for 5 Million Smart Meters

EESL has issued a tender for procuring 5 million smart meters to be installed pan India. The Energy Efficiency Services Limited (EESL) has issued a tender for procuring 5 million smart meters to be installed pan India. India has applied for financing from the Asian Development Bank (ADB) towards the cost of Scaling Up Demand […]

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REC Sales Down 61 Percent in July

Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […]

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US Wind Pipeline Stands at Nearly 42 GW, 736 MW Commissioned in 2nd Quarter

US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the AWEA US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the American Wind Energy Association (AWEA). Strong […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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