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Electricity Market

Global RTS Achieves 15% Growth In 10Yrs, Hits 105 GW: CEEW

The global transition to solar photovoltaic (PV) technologies, particularly distributed solar or rooftop solar (RTS), is playing a pivotal role in helping economies like India, China, the US, Japan, and Australia meet their net-zero targets. A recent study by CEEW, “Global Perspectives on Rooftop Solar Energy A Deep Dive on How Leading Economies Advance Rooftop […]

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GUVNL Deserves Carbon Credit Share From RE Project: GERC

In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […]

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candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood

How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […]

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SolarX Startup Challenge 2024: ISA Enlists 10 Winners From India

The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India.  The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs […]

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The Rise Of BESS: The ‘Age of Batteries’ Draws Closer

BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […]

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India Can Export 8.6cr Electric Two Wheelers By 2047: RMI

In its recent report, RMI highlighted that in 2023, over 15 lakh electric vehicles (EVs) were registered in India. To achieve energy independence it advocated for India to adopt 100% clean fuel vehicle sales in all vehicle segments by 2043. RMI recently released its report, “India at 2047: A Vision for Energy Independence in the […]

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For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF

The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […]

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415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals

The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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