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energy price

Will India have greater success with manufacturing when it comes to energy storage?

The ongoing global economic crisis due to the coronavirus pandemic has raised concerns about Indias dependence on imports and strongly put the case for encouraging domestic manufacturing in the country. Though, the government also aimed to support the industry but the road towards this is filled with lot of challenges, which needs to be sorted []

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EDF, Alliant Energy Commissions 200 MW Wind Project in Iowa

Independent Power Producer (IPP) EDF Renewables and public utility company Alliant Energys Iowa energy company has successfully commissioned 200 MW Golden Plains wind power plant in Iowa. This project is now delivering clean electricity to Iowa customers and is located in Winnebago and Kossuth counties in the north-central region of Iowa. Also, this wind project has invested []

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Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA

The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year []

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent []

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Average Spot Price Remains at Rs 2.36 Low During Lockdown

The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began []

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ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE

Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the worlds lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates (UAEs) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 []

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France Aiming for 1/3rd Renewable Energy Mix by 2030

France has recently submitted its final 2030 NECP to the EC, with an aim for 1/3rd renewable energy in its energy mix by 2030. France has recently submitted its final 2030 National Energy and Climate Plan (NECP) to the European Commission. The country will aim for 33 percent or 1/3rd renewable energy in its energy []

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The Woodmac Weekly Update on Renewable Energy Worldwide

In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction []

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Adani Green Energy Subsidiary Commissions 50 MW Solar Project

Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project. Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project on April 114, 2020. Kilaj Solar (Maharashtra) Private Ltd, a step-down subsidiary of Adani Green Energy []

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