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IEX Clocks 59% YoY Trade Volume Growth during September

The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September’21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September’21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, […]

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EIB Grants Ørsted €500 M Loan for Green Energy Projects

The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […]

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63% of Planned Battery Storage in US to Be Co-Located With Solar

Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage […]

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CMERI Hands Over Solar DC Cooking Tech to 2 WB Entities

The CSIR-CMERI developed solar DC cooking system was handed over to two business entities of West Bengal, namely Asansol Solar & LED House and Meeco Solar & Infrastructure Associates, Durgapur, yesterday. The transfer was done by Prof. Harish Hirani, Director, CSIR-CMERI. The Central Mechanical Engineering Research Institute (CMERI) is an institute under the Council for […]

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Power Roll, Filia to Develop Solar PV-enabled Window Blackout Blinds

Power Roll and Filia Solar have signed an Application Development Partner Agreement to explore the use of Power Roll’s solar film for solar PV-enabled window blackout blinds. Power Roll claims to have developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity that is up to 10 times cheaper to make than […]

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Deputy Manager – Techno Commercial

Manage sourcing and purchase of the specified spend category, develop and sustain vendor relationships and negotiate best price points, thereby meeting specifications of quality, timelines within the stipulated budgetary requirements. Assist in the review of approved PR (Purchase Requisition) from user department; seek additional information if required from user for correctness & completeness of PR. […]

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Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026

Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […]

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Canadian PE Fund Brookfield Offers $9.6 B to Take Over AusNet

Update: ASX-listed energy infrastructure firm APA Group has launched a rival $10 billion takeover offer for the utility business Australian energy company AusNet Services has received a proposal, worth $9.6 billion, from the infrastructure affiliate of Brookfield Asset Management to acquire all of the issued shares in AusNet at an indicative price of $2.50 cash per […]

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Heard at REI 2021- 5 Takeaways From The Expo

At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […]

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