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Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX

Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […]

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The Power Minister and Power Honchos In Virtual Open House. Report

At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […]

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2020-When Energy Storage Got Serious in India

The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale,  is no longer a possibility that […]

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The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down?

It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […]

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India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report

Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […]

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Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers

A recent three day meeting between researchers from Germany and Israel has concluded  that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […]

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ARENA to Support BP Study to Scale Renewable Hydrogen in Australia

ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […]

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Domestic Solar Manufacturing Could Benefit From Pandemic

Supply disruption from China and the decline in domestic solar capacity addition due to the pandemic offers a golden opportunity to local solar manufacturing The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offers a golden opportunity to ramp up local manufacturing of solar modules and […]

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