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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […]

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Green Stocks Oct 21 – Stocks Endure Another Day With Losses

Hopes must be really high for JSW Energy’s results, for coming out as the sole stock to stay up without suffering losses today. In line with the broader market, especially the small cap and mid-cap indices, green energy stocks uniformly were down today. Losses were higher for a few like Premier Energies, but no one […]

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Achieving Universal Energy Access by 2030: Can It Be Done?

Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […]

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Hoymiles Microinverters Offer An Efficient Opportunity To Ride The Solar Boom In India

India has emerged as one of the fastest-growing solar markets in the world. With government policies, technological advancements, and increasing demand, solar power is poised to become a mainstream energy source in India’s clean energy transition. Why is it the best time to go solar in India? The year 2024 represents a promising start for […]

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Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project

NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […]

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MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus

The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […]

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CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules

The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […]

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India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest

Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […]

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Gujarat Set To Build Its First Long Duration BESS

Gujarat Urja Vikas Nigam Ltd (GUVNL), the state electricity regulatory body, has taken the first step to transition from a battery energy storage project to developing its first Long Duration Energy Storage System (LDES) in Gujarat. It has released a draft tender to select developers for an 800 MW (200 MW x 8 Hrs) battery […]

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