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energy markets

IEX Follows PXIL in Launching RTM for Electricity Transactions

IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […]

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AEP Receives Approvals to Acquire Wind Projects Worth 1485 MW

AEP has received more than the required approvals to enable the company to acquire the entire planned 1485 MW of wind projects in Oklahoma. American Electric Power (AEP) has announced that it has received more than the required approvals to enable the company to acquire the entire planned 1485 megawatts (MW) of wind generation projects […]

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Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal

The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […]

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Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX

Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […]

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India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report

Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […]

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Largest Solar Project in US History Gets Government Approval

US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […]

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Krannich Solar Joins Hand with Inverter-Brand SMA to Tap SE Asian Market

With an aim to tap the growing demand of South-East Asian market, one of the leading global distributors for photovoltaics (PV) Krannich Solar has collaborated with German manufacturer SMA Solar Technology to include SMA inverters in its portfolio. Kurt Krannich, the founder and owner of Krannich Solar, believes that strong growth is expected in the […]

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150 GW of RE Projects at Risk Due to Coronavirus

In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […]

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Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland

Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […]

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