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Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW

“Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […]

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Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW

The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […]

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More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study

If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […]

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AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile

AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […]

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State Commission to Conduct Hearing on Mumbai Power Outage on Oct 21

MERC will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The reasons for the rare citywide power outage will be discussed. The Maharashtra Electricity Regulatory Commission (MERC) has said that it will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The […]

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Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021

Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […]

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Penn State Powers Up with Solar

Penn State announced that this month the University has begun purchasing renewable electricity generated from three Lightsource bp solar farms that have completed construction in Franklin County. The projects were initiated in early 2019 upon the signing of a 70 megawatt Power Purchase Agreement (PPA) under which Penn State would purchase 100% of the electricity […]

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Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage

Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […]

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Solar-led Renewables Sector Will Be A Top draw For Global Investors

India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […]

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