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electricity

India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development

India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […]

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Global Renewable Capacity Addition in numbers For 2021 from IRENA

“At the end of 2021, global renewable generation capacity amounted to 3064 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1230 GW,” finds a new report by the International Renewable Energy Agency (IRENA). Solar and wind energy accounted for equal shares of the remainder, with capacities of 849 […]

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GESCOM invites bids for 3 MWp rooftop solar systems in Karnataka

Gulbarga Electricity Supply Company Limited (GESCOM) has invited bids for the empanelment of vendors for the development of 3MWp rooftop solar plants in residential buildings under Phase-II Scheme of MNRE in Karnataka. Key dates of the tender are as below: Last date for submission of queries : 02.05.2022 @ 11.00 Hrs. Pre-Bid meeting : 04.05.2022 […]

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Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share

Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase  and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […]

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Solar Powered Refrigerator Built by Kanpur Student to Safeguard Covid Vaccines

Samarjit Singh, a third year B.Tech student of Kanpur’s Axis College, has created a refrigerator that runs on solar power and can host Covid-19 vaccines and other life-saving drugs eliminating chances of wastage. Uttar Pradesh still has issues of electricity shortages and frequent power cuts. The solar run refrigerator by Samarjit Singh is expected to […]

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APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh

The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […]

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Senior Manager, Market Development

We are looking for a Senior Manager, Market Development – India, to join the Middle East and Asia Growth & Development team in Wärtsilä Energy Business. Wärtsilä Energy Business is leading the transition towards a 100% renewable energy future. As an Energy Systems Integrator, we understand, design, build and serve power systems for future generations. […]

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Statkraft inks 300 GWh RE PPA with German cement mfr

Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […]

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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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