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BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia

As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records

The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […]

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India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […]

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NTPC & Meghalaya Join Hands for Floating Solar, PSPs

Energy conglomerate NTPC Limited and the Meghalaya Government have entered into various agreements to augment renewable power in Meghalaya. The MoUs entail Power Portfolio Management Services (PMS) for Meghalaya DISCOM. The agreements will also pave the way for the establishment of Pump Storage Power Plants (PSPs), as well as floating solar projects in the state. […]

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1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […]

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Power Consumers Without Automatic Meter To Be Penalised In Karnataka

The Karnataka Electricity Regulatory Commission (KERC), in its latest suo motu order, has asked all the open access power consumers in the state to install Automatic Meter Reading (AMR) facilities on their premises before August 1, 2023. The Commission said that after the scheduled date, the errant consumers not complying with the order could face a […]

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APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits

In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […]

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Ministry Of Power Notifies Domestic Carbon Credit Market Scheme

  The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […]

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