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electricity

A Renewable PPA Pricing Tool From Pexapark

Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […]

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BHEL Tenders for Solar Compact Station Of 8MW Farm in Mauritius

Engineering and manufacturing PSU, Bharat Heavy Electricals Limited (BHEL) has floated a tender for the supply and commissioning support of Solar Compact Station (SCS) for 8 MWac solar PV farm at Tamarind Falls, Henrietta, Mauritius. A Solar Compact Station (SCS) is a large-scale PV system devised for the supply of merchant power into the electricity […]

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Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA

The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]

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Vaibhav Global Limited Launches Company-Owned Solar Power Plant

A multi-national Indian electronic retailer, wholesaler, and fashion jewelry manufacturer, Vaibhav Global Limited (VGL) has announced that it is now a 100 percent solar-powered company by launching its owned and operated solar power plant. Two of the company’s primary manufacturing facilities will be powered by solar-generated electricity. In addition to this, the company will also […]

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India Needs 4 Lakh Charging Stations for 20 Lakh EVs by 2026

According to a new report by Grant Thornton Bharat-Ficci, India needs around four lakh charging stations for 20 lakh electric vehicles (EVs) by the year 2026. The report that came on Sunday said that to achieve its target of 100 percent electric mobility by 2030, India needs to focus on key points, including increasing government […]

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Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA

In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […]

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Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report

The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD),  examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […]

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Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade

Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons.  According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […]

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Methane Could be a Greater Source of Power In US

Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […]

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