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Electricity Market

Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK

Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […]

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Germany’s ib vogt Begins Construction on Spain Project, Signs PPA with Google

German’s turnkey PV plants provider, ib vogt has started construction on the 149 MWp Garnacha solar power plant located in the province of Zamora in Spain. The project signed a power purchase agreement (PPA) with Google for a period of 12 years, signaling the first major collaboration between ib vogt and Google. With a €90m […]

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MNRE Minister Launches Green Energy Open Access Portal

In continuation of several initiatives to promote  clean and green energy by Government of India, the Union Minister of Power and New & Renewable Energy, R K Singh has launched the Green Energy Open Access Portal today through video conferencing. The Minister of State for Power, Krishan Pal, also graced the occasion. Secretary (Power), Chairperson, […]

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Turbine Orders in EU Fall 36% in Third Quarter: WindEurope Report

The new report by WindEurope – Wind Turbine Orders Monitoring Q3 2022 – has said that the wind turbine orders in Q3 2022 fell by 36% compared with Q3 2021 signifying slowing wind energy growth. It also said that Europe urgently needs to solve permitting and strengthen its wind energy supply chain. The report finds […]

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Case Study: Demand Flexibility for Swift Transition to Renewable

Demand flexibility is the capacity of demand-side loads to change their consumption patterns hourly or on another timescale. It can help make electricity more affordable by helping customers use less power when prices are high. The research community claims that Demand flexibility will play a key role in reaching high levels of renewable generation and […]

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Ampyr, Shell Energy Collaborate for 1,000 MWh BESS

Ampyr Australia Pty Ltd has announced that it has signed an agreement with energy conglomerate Shell Energy Australia to jointly develop a proposed battery energy storage system strategically located in Wellington called ‘the Wellington BESS’ in Central West New South Wales. Ampyr informed that the target capacity of the Wellington BESS is 500 MW/1,000 MWh […]

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Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036

An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […]

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IEX Total Trade Volume Plunges by 18% YoY in August ’22

The Indian Energy Exchange, India’s premier energy exchange, achieved 7805 MU volume in August 2022, registering a 9% MoM growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lac Certificates) in the REC Market. The total volume in the said period was lower […]

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Sungrow to Supply Solar + Storage Project For Australia’s 100 MWh Project

China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western Australia. Global Power Generation is Naturgy Energy Group’s subsidiary and […]

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