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Electricity Market

West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report  

A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […]

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Gensol Wins GUVNL’s 70 MW (140 MWh) BESS Project Worth 450 Cr.

Gensol Engineering Ltd., which provides EPC services and promoted Blusmart in the electric mobility sector, has emerged as L1 bidder for 70 MW / 140 MWh out of 250 MW/500 MWh standalone Battery Energy Storage Systems (BESS) project. It attained this project from Gujarat Urja Vikas Nigam Limited (GUVNL)  This project is to be developed […]

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Technical Leader – Electrical Distribution & E-house | REP APAC

We are looking for Technical Leader – Electrical Distribution (ED) & E-House (EH) | Regional Engineering Platform (REP) Delhi Mission:-  As part of a project team:- Act as the leader of the technical content of the project, and be the single point of contact regarding all project technical topics Make sure customer technical requirements are […]

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Midsummer Partners With SopraSolar For Solar Roof Product For Low-Load Bearing Roof

Swedish thin film solar panels manufacturer Midsummer has entered into a collaboration with France-based SopraSolar, a subsidiary of Soprema, manufacturers of roofing materials. Soprema’s subsidiary will integrate Midsummer’s thin film solar pane membranes, which opens up a very large market for the new product. According to the media statement, with Midsummer panels, Soprasolar will be […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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Sri Lanka Offers An Opportunity For India In Solar

Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […]

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CERC Order Paves Way For Bundling RE With Thermal For DVC

In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […]

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Recurrent Energy Gets Financing for 119 MW Solar Project in Mexico

Recurrent Energy, a subsidiary of solar and energy storage assets company Canadian Solar Inc. announced that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent […]

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UK-Based Hive Energy Acquires 272 MW Polish Project

UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […]

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