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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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JinkoSolar Reports 31.4 % Increase in Shipments in FY20, Revenue up 18%

JinkoSolar has revealed that despite ‘extreme challenges’ it managed to bump up its annual shipments to 18.77 GW in FY 2020. The firm also ran into losses for the fourth quarter. JinkoSolar, one of the largest solar module manufacturers in the world, has recently announced its financial results for the financial year 2020 (FY20) ended […]

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IIT Hyderabad Develops an Alternative for Typical Lithium-ion Batteries

Researchers at IIT Hyderabad have come up with an alternative for the conventional Lithium-ion batteries. It is a more sustainable and low-cost Dual carbon battery, which may find potential use in high voltage applications, sophisticated battery-run medical devices, regenerative braking systems in electric vehicles (EVs), and stationary grids. Finding options that are cheaper and more […]

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EV Producer Komaki Launches Three New Electric Two Wheelers

The manufacturer of Electric Vehicles (EV), Komaki EV Division of KLB Komaki is launching three new electric two-wheelers (E2Ws) in the Country. New launches include TN-95, SE Hi-Speed scooters, and M5 electric bikes, ranging from Rs 98,000 and Rs 96,000, and Rs 99,000 respectively. KLB Komaki has ventured into the EV business since 2016 that […]

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Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit

West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […]

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Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri

Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […]

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China & India to Lead Revival of Electricity Demand in 2021: IEA

After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […]

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Metropolitan to Optimize Solar Energy With Battery Storage Systems

The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […]

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Iberdrola Improves bid for Infigen Takeover to €552.8 Million

Iberdrola has announced that after its conditions were met by Infigen stakeholders, it has now upped its takeover bid for the firm to ~ EUR 552.8 million. Spanish energy conglomerate Iberdrola has announced that after its conditions were met by further acceptance of the takeover bid by shareholders of Australian renewable energy firm Infigen Energy, […]

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