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Electricity Market

Clean Energy Investments To Reach $670bn In 2025: Report

S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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EU Solar Hits 65.5 GW, Risks Missing 2030 Target by 100 GW

The European Union (EU) solar market reached a new all-time high of 65.5 GW, but the annual growth has drastically decelerated. The market surged in the utility-scale solar market segment in 2024 at the expense of residential rooftop solar losses, found a Solar Power Europe report. The EU Market Outlook for Solar Power 2024-2028 warns […]

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ib vogt Sells 780 MWp Greek Renewables Portfolio To Faria Renewables

International renewable energy development platform ib vogt has entered into an agreement with Faria Renewables, a Greek renewables IPP. Under this agreement, ib vogt would sell its Greek project portfolio to Faria Renewables, a developer backed by Omnes Capital’s Capenergie 5 fund and the Faria Group. The portfolio comprised around 780 MWp of solar PV […]

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Karnataka HC Orders Puts Green Energy Open Access In Limbo

A recent order from the Karnataka High Court has created ripples in the state’s renewable energy market. The court struck down the Central government regulations on Green Energy Open Access and the state regulations floated by the Karnataka Electricity Regulatory Commission (KERC). However, it directed the KERC to frame appropriate regulations for granting open access […]

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2024: Germany’s Solar Production Exceeds 100 GW Mark

At the turn of the year, Germany’s total solar output, including all solar power plants installed in the country, has now exceeded the 100 gigawatts (GW) mark. These recent projections were made by the German Solar Industry Association, based on data from the Federal Network Agency (BNetzA). The solar power plant portfolio covered around 14 […]

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Gujarat: Hartek Secures Rs 117 Cr Order From Power Grid

Chandigarh-based Hartek Group’s Power system business unit recently secured a Rs. 117 crore project in Gujarat from Power Grid Corporation of India Limited (PGCIL). The project involves the extension of a 765kV AIS substation as well as 400/220kV substation work. Commenting on the development, Simarpreet Singh, Group Executive Director and Chief Executive Officer (CEO) – […]

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SaurEnergy Explains: Understanding Carbon Offsets, Carbon Credits, and RECs

While carbon credits, carbon offsets, and RECs all serve as tools to address environmental impact, they operate differently within the sustainability landscape. Understanding the distinctions between carbon offsets, carbon credits, and renewable energy certificates (RECs) is essential for grasping how organizations strive to mitigate their environmental impact. Knowledge of these distinctions also helps organizations and […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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