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Electricity Market

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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NTPC Rolls Out Long Duration CO2 BESS Technology At Kudgi

Indian power behemoth NTPC has launched CO2 battery energy storage technology. This project is undertaken by the R&D wing of NTPC, i.e.,  NTPC Energy Technology Research Alliance (NETRA). NETRA would execute the project in collaboration with an India-based industrial steam turbine manufacturer, Triveni Turbine Limited,  and Italian company Energy Dome. The CO2 Battery with an […]

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South America Solar Growth in 2024: Achievements and Challenges

South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […]

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Telangana Targets 20 GW RE, Storage Capacity Additions By 2030

Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […]

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