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Electricity Market

This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids

For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […]

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Oorjan Cleantech Sets Foot into Jharkhand Market

Co-founded by IITians and bankers, tech-enabled solar solution provider, Oorjan Cleantech Private Limited, has announced expansion into Jharkhand. Gautam Das, Founder, and CEO quoted, “Oorjan has been expanding its business operations across India and Jharkhand is our 19th State/UTs where we will be spreading green energy solutions including financing and reliable products. We will continue […]

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CERC Approves PXIL’s Plan To Introduce High Price Day-Ahead Market (HP-DAM)

The Central Electricity Regulatory Commission (CERC), in its order on a petition filed by the Power Exchange India Limited (PXIL) on Tuesday, approved its demand for the introduction of the High Price Day Ahead Market (HP-DAM).  PXIL had earlier sought approval from the CERC to introduce the HP-DAM on PXIL’s PRATYAY Platform. CERC first heard […]

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Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan

London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […]

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Trina Solar and Al-Raebi Ink 500 MW Agreement for Yemen Market

Chinese photovoltaics firm Trina Solar has signed a five-year agreement with Al-Raebi for Trading (Al-Raebi). The partnership will facilitate 500 MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100 MW of its n-type i-TOPCon cell technology modules this year. The five-year agreement will cater to the country’s increasing energy […]

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China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power

China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […]

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Global Solar Developer Lightsource BP Marks Entry into German Market

Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […]

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IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading

In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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