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Canada Launches $800 M RE & Grid Modernisation Program

Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […]

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Daily Price Swings to be Limited to 10% by Upcoming China ETS

According to a recent report in The Securities Times, a Shenzhen-headquartered national financial newspaper, China’s national Emission Trading Scheme (China ETS) – a policy considered important for achieving the country’s net-zero goals – will initially set daily trading limits at 10 per cent of prices when it comes online late in June. The report cites Mr Lai […]

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Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC

According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […]

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IDtechex Predicts Bigger Role For RFB Batteries Over Lithium Storage By 2030

“We are looking at the solution, but most of the time we forget the problem.” The energy scenario is changing as a result of years of green policies adopted by the major countries in the world. With energy storage playing a key role toward the integration of variable renewable energy (VRE) in the power grid, […]

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CESL & GEDA Partner to Electrify Remote Rural Households in Goa

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Goa Energy Development Agency (GEDA) for the installation of solar PV-based home lighting systems for remote households in the state, which do not have access to proper power supply till date. Under the Agreement, CESL […]

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AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia

The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […]

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Solis Seminar Episode 22: Solutions for Error Code “GRID INTF”

The power grid is a fragile and complex system and its operation will affect connected equipment. At the same time, the abnormal operation of connected equipment will also affect it causing what’s known as, “grid disturbance”. Grid disturbance is a relatively common type of a grid-side fault. The frequency of its occurrence is second only […]

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EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain

Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […]

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