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Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY

The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […]

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COP28: Net-Zero Energy Mosque & Other Commitments from UAE

The much-awaited COP28 being held in Dubai is seeing some big announcements come up from the UAE in partnership with other countries. Here are some noteworthy partnerships and announcements that were made by the region in the climate summit- Masdar & Indonesia Abu Dhabi Future Energy Company PJSC – Masdar, a renewable energy firm, has […]

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Dogger Bank D Awards Projects for Technical Consultations to Three Firms

Contracts have been awarded to Genesis, H2GO Power, and Fichtner by project partners SSE Renewables and Equinor in an initiative to begin the production of large-scale green hydrogen from the 2 GW Dogger Bank D. Being developed in a phased manner, Dogger Bank is located off the coast of England. The project, which could be […]

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Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report

A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […]

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Uttarakhand Notifies Green Energy Open Access 2023 Regulations

The Uttarakhand Electricity Regulatory Commission (UERC) has notified Green Energy Open Access Regulations 2023.  As per the notification by the UERC, the consumer who has contracted demand or sanctioned load of 100 kW or more, either through a single connection or through multiple connections in the name of same consumer aggregating 100 kW or more located […]

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NYSERDA Awards 402 MW Solar Project to Swift Current Energy

New York State Energy Research Development Agency (NYSERDA) has awarded a twenty-year solar contract to Swift Current Energy. The Mineral Basin Solar project conferred upon the Boston-headquartered firm is for a capacity of 402 MW. The Mineral Basin Solar project, which is the largest land-based energy project, has been selected under NYSERDA’s 2022 Renewable Energy […]

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EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

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100KW Open Access Limit Not Applicable to Captive Consumers: MERC

It may be recalled that in May, the Ministry of Power has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. Heeding the request, MERC has introduced the draft notification on Green Energy Open Access.  The MERC (Maharashtra Electricity Regulatory Commission) DOA Regulations pave the way […]

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Masdar To Expand in Saudi with 1.1 GW & Azerbaijan with 500 MW Projects

Led by Abu Dhabi based renewable energy firm, Masdar, EDF Renewables, and Saudi conglomerate Nesma Company have joined hands with the Saudi Power Procurement Company (SPPC) for the development of a solar plant with capacity of 1100 MW. When it is operational, the Al Henakiyah solar power project will supply power to over 190,000 homes […]

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