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Electricity Market

Lightsource bp Expands APAC Footprint with First Solar Project in Japan

Lightsource bp has expanded its presence in the Asia-Pacific (APAC) region with its entry into Japan, acquiring a 15 MWp solar project in Hokkaido. This move marks the company’s continued global growth, bringing its operations to 20 markets, including Australia, New Zealand, Taiwan, and South Korea. Adam Pegg, , emphasized the company’s long-term commitment to […]

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MoP Sets New Bidding Guidelines for Pumped Storage Projects

The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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Madhya Pradesh To Soon Have Five Model EV Cities

The Madhya Pradesh (MP) Urban Development & Housing Department recently released the draft Madhya Pradesh Electric Vehicle (EV) Policy 2025. The draft document aims to develop robust and accessible EV charging infrastructure for all, including differently-abled individuals. MP’s draft policy designates Bhopal, Indore, Jabalpur, Gwalior, and Ujjain as model EV cities, where detailed plans will […]

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Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF

A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]

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5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025

Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […]

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China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends

In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity.  This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […]

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Solar Journey of Africa: 2024 in Review and the Road Ahead

Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […]

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News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal

TotalEnergies and STMicroelectronics In 75 MW Green Energy  Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […]

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