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Electricity Market

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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SJVN Green Energy Bags 200 MW Project From GUVNL

SJVN Ltd’s wholly owned subsidiary company i.e., SJVN Green Energy Limited (SGEL) announced it has bagged a 200 MW project from GUVNL. SJVN further stated that it had participated in 200 MW capacity in the tariff-based competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was undertaken for the development of solar […]

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Germany Issues Tender For 5.5 GW Offshore Wind Project

Federal Network Agency of Germany has launched auctions for offshore wind farms comprising a total of 5,500 MW at three centrally pre-investigated sites in the North Sea. The three sites with a combined 5,500 MW of projected generating capacity are situated about 110 km north-west of the island of Borkum, bordering the Netherlands exclusive economic […]

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SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid?

The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […]

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