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European RE Industry Started Recovery from March Low Prices: Report

The worse hit prices of renewable energy across Europe in March amid coronavirus have shown the signs of recovery in April, says software and advisory services provider firm. Renewable energy prices across Europe took a substantial hit at the beginning of March, falling between 15-30 percent across key markets compared to average prices in February. []

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New Era of Generic Renewable Energy Tariffs in Maharashtra Starts

Generic Renewable Energy Tariffs, which, until now declared by the respective state regulatory commissions have just entered into a new era of market determined mechanism, starting with Maharashtra. In its Generic Renewable Energy Tariff order for FY 2020-21 under MERC (Renewable Energy Tariff) Regulations, 2019 act, MERC (Maharashtra Electricity Regulatory Commission) has declared that projects []

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Indias Solar Energy Plans Bogged Down With Supply Chain Issues

Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to Indias solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has []

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EVs and energy storage, the round up will seek to bring you a snapshot of the []

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Key to Unlocking Immense Potential of Indias Wind Energy: GWEC

As one of the largest onshore wind markets in the world in installation terms, India is also a primary market for supply, trade and investment opportunities In the global energy transition, India is one of the keystone countries for clean energy growth, coal phaseout and mobilisation of investment to power a low-carbon economy. As one []

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Offshore Wind is Expanding to new Markets as Prices Decline: Report

According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors []

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Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p

The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down []

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Pattern Energy and CPP Investments Complete Merger Transaction

Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern []

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MNRE to set up Renewable Energy Standardisation Cell

MNRE will set up Renewable Energy Standardisation Cell (RESC) to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of Renewable Energy Standardisation Cell (RESC) to coordinate the development, updation, and adoption of standards for []

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