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With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum

Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […]

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India At 75 And Beyond. Solar’s Starring Role

India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […]

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European Solar & Storage Set to Grow over 400% by 2025: Study

The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […]

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Continued Tariffs On Module Imports to US On Agenda For Biden

While a court ruling might have dented some of the tariffs imposed on module imports, in this case Bifacial module imports to the US, the odds of Trump era tariffs continuing remain high for the foreseeable future. This is as much due to continuing tensions with China, the key target, than the need to allow […]

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Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done

Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […]

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Mango Power to Unveil 4.35kW Home-&-Portable Hybrid Battery on Nov23

Battery system Mango Power Union, another addition to the nascent but fast growing home and portable segment for storage using lithium batteries, will be available for purchase on November 23rd through Indiegogo, according to a recent official statement. Mango Power is a green energy brand focused on developing home power supply solutions, portable power devices […]

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US Firm WindESCo Partners with Phoenix Contact for Swarm Tech

WindESCo, a firm focused on accelerating annual energy production (AEP) for wind turbine stakeholders, has brought renewable components company Phoenix Contact onboard as a strategic technology partner. Phoenix Contact is delivering the ‘Swarm Edge’ component of the swarming solution. Swarm Edge is installed on each turbine to provide data collection and centralized control, enabling WindESCo’s […]

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IEX Announces Resumption of REC Trading From Nov 24

The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […]

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