SUBSCRIBE NEWS LETTER

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Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […]

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Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers

The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […]

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Mexican Govt Blames COVID-19 for Seizing Renewables Energy

The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy in the energy mix The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy like solar and wind power, granting a […]

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Grid (In) Stability in Focus At Accenture’s Digitally Able Grid Survey

More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an […]

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2020-When Energy Storage Got Serious in India

The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale,  is no longer a possibility that […]

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Former Union Secretary of MORTH Vijay Chhibber Appointed as EPTA’s Director General

The Electric Power Transmission Association (EPTA) has appointed Vijay Chhibber, former Union Secretary of MORTH, as its new Director General with effect from April 08, 2020.   In his new role, Chhibber will be primarily responsible for engaging with stakeholders to further the goal of reliable 24×7 power supply through development of least-cost transmission system […]

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Nearly 600,000 Clean Energy Jobs Lost in the US due to Pandemic: Report

A new report has revealed that April saw at least 447,200 new clean energy jobs lost, bringing the total to 594,300 since the beginning of the pandemic. A report tracking the impact of the Coronavirus pandemic on US employment has revealed that April brought clean energy job losses triple those seen in March, for an […]

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Drones Market Revenue in Power Sector to Touch $515 Mn by 2030

With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […]

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‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’

India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […]

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