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Electricity Market

Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI

RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […]

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CERC Provides Final(?) Six-Month Extension To Power Exchanges For Payment Regulations

In a ruling on August 12, the Central Electricity Regulatory Commission (CERC), the nodal agency to regulate power exchanges in the country, has directed all three Power Exchanges to align their Clearing and Settlement Systems to the provisions of the PSS Act, 2007, within a period of six months w.e.f. 15.08.2024. The commission exercised its […]

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2.8 GW Versus 9.3 GW- EMBER Report Points to Huge Gap In Wind Additions In India

The winds of change are blowing across India’s energy landscape. Over the past three years, annual wind installations have surged, but there’s a catch: the 2023 figures were a whopping 51% higher than in 2022, the latest report from EMBER said. It also said that despite this growth, the current build rate of 2.8 GW […]

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10 Rules To Remember For Peer-To-Peer Solar Trading In Karnataka

Months after releasing the draft regulations to regulate the peer-to-peer solar energy transactions in Karnataka, the Karnataka Electricity Regulatory Commission (KERC) has approved the final regulation. The new KERC (Implementation of Peer-to-Peer Solar Energy Transaction) Regulations, 2024 is now all set to come into force with its notification in the official gazette.  The new regulations […]

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Q1 Results: Tata Power Sees 31% Growth In Net Profits

Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis.  The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […]

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Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route

Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […]

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Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV

Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […]

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SPECIAL REPORT: UP’s Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […]

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Bright Future for Offshore Wind Power, But High Rewards Come with High Risks

Fossil fuels are a major contributor to global warming, prompting nations to seek alternative energy sources. As traditional energy sources like coal, oil, and gas are phased out, the world is looking to alternative energy sources to fill the gap. Wind power, in particular, is expected to take off. According to the International Renewable Energy […]

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