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Electricity Market

TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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Neoen and Tesla to Expand World’s Largest Li-ion Battery System

Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […]

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Canadian Solar Partners up for 370 MW Mexico Solar Portfolio

Canadian Solar has sold 49 percent interest in three solar projects in Mexico totalling 370 MWp to KEPCO and Sprott Korea Canadian Solar, one of the world’s largest solar power companies, has announced that it has sold 49 percent interest in three solar photovoltaic projects in Mexico totalling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO), South Korea’s largest electric […]

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Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA

Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […]

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Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040

A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […]

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Enel Commissions Largest Wind Energy Facility in Greece

Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […]

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The Second Life of Electric Vehicle Batteries: Report

A new report takes a look at the underlying problem with the uptake of electric vehicles, the concern of what to do with the batteries when they reach their end-of-life. As the uptake of electric vehicles (EV) has increased exponentially in the past few years, the concern of what to do with batteries when they […]

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IFC and FRV Close Financing for 296 MW Mexican Solar Plant

The International Finance Corporation (IFC) and Fotowatio Renewable Ventures (FRV) have announced the financial close for 296 MW Potrero Solar project. The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, a leading global developer of renewable utility-scale projects, has announced the financial […]

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