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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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SECI Cancelled Solar Tenders Of 166 MW Cumulative Capacity Recently

In the last two days (11 and 12 July) SECI has cancelled three solar tenders with a total capacity of 166 MW. The three tenders include 100 MW solar tender of Getalsud Dam, Ranchi, 44 MW & 22 MW solar tender of The Singareni Collieries Company Limited (SCCL). SECI has said that the reason behind […]

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SECI Cancels 100 MW Getalsud Dam Floating Solar Tender

Over two months after it first extended the deadline to respond to bidders, the Solar Energy Corporation of India (SECI) has cancelled the tender for the 100 MW Getalsud Dam project near Ranchi in Jharkhand. The cancellation follows a familiar pattern of challenges faced with floating solar tenders in India, where the standout success has […]

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Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores

Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […]

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Endesa To Install 1,130 MW Wind and Solar Power In Spain

Utility major Endesa is building 27 renewable energy projects across Spain of more than 1,130 MW of capacity. The green energy projects are being developed through subsidiary Enel Green Power Espana (EGPE). The company has employed over 4,200 professionals on these renewable facilities this year. Luca Capuozzo, the company’s renewable construction manager, stated, “The solar […]

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300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh

Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […]

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Ola Electric Announces Domestic Production of Lithium-Ion Battery Cells

Ola Electric has announced that they have succeeded in making a Li-ion cell indigenously. An important development that will support the Indian EV industry as India doesn’t have much organization in the manufacture of batteries for electric vehicles. Bhavish Aggarwal, the CEO of Ola Electric, revealed the creation of the lithium-ion cell’s success on Twitter […]

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Offshore Wind Energy To Cost The Cheapest In UK Now

The biggest ever renewable energy auction in the United Kingdom is bearing fruit for the people and industry as the prices of the offshore wind power, just the second day post auction, has dropped to its cheapest level in the country’s history. Now, the power from fresh auctions will be sold for a mere £37.35 […]

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IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries

The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […]

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