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DERC Releases Peer-To-Peer Guideline For RE With 200 kW Load

The Delhi Electricity Regulatory Commission (DERC) recently notified a peer-to-peer energy transaction guidelines, 2024. They were released to promote the use of renewable energy, embed generation within the distribution network, and create an additional avenue of income for prosumers. The policy set guidelines for peer-to-peer metering arrangements having less than or equal to 200 kW […]

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Biden Invests $366 Mn To Lower Energy Cost In Remote Communities

US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […]

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Vestas Secures 153 MW Wind Energy Order In US

Renewable energy company Vestas received a 153 MW order to power an undisclosed wind project in the USA. The order consists of 34 V150-4.5 MW wind turbines. The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimized performance […]

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MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

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TotalEnergies Acquires 59MW Solar Farm in Spain

TotalEnergies Renewables, the green energy arm of TotalEnergies, has announced that it acquired the 59MW Dehesa Nueva del Rey solar park in Spain from developer Synergia. This ready-to-build project adds to the 3GW portfolio of solar projects TotalEnergies already has with environmental permits in Madrid, Murcia, Andalusia, Aragon, and Castilla La Mancha, said the press […]

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Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

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Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece

Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […]

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Electrical Engineer-Power System Studies (ENR)

The Burns & McDonnell India (BMI) Energy (ENR) Global practice performs engineering and CAD services to support Civil, Electrical, I&C, Mechanical and Structural disciplines for power generation and storage projects. Recent projects are located in North America and include conventional and renewable power generation projects ranging from reciprocating engine, simple cycle combustion turbines, combined cycle […]

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Selling Solar To India: The 5 Challenges To Overcome

The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […]

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