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GUVNL’s 500 MW Solar Auction Winners

ABREL SPV 2 (Aditya Birla Renewable Energy), Hinduja Renewables Energy, and state owned SJVN were declared the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW capacity of solar projects under Phase XIV. The winners quoted a price of Rs 2.30 per unit, with SJVN quoting Rs 2.31/unit or kW. While ABREL and […]

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Electric Vehicle Registration Rates Double in Singapore

Singapore is striving to end the vehicular emissions in the country and mitigate the climate change challenges. The recent data of electric vehicle registrations of the country reveal that in the first five months of 2022, the country has sold double the number of electric vehicles sold in the entire 2021. Transport Minister of Singapore, […]

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VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy

The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030.  The VPPAs offer many strategic […]

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Vantage Data Centers Source Green Energy from SolarAfrica

In a significant development, Vantage Data Centers have signed a 20-year PPA with South Africa’s solar energy financing player – SolarAfrica – to enable Vantage to supplement the local grid that powers its Johannesburg (JNB1) data center campus with renewable energy. This investment will further drive the creation of renewable energy in the region by […]

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2 Wheeler EV’s Continue Downhill Drive In May, Sales Drop Another 20%

Electric 2 Wheeler sales, hit by fire incidents in April that have continued to grab headlines in May too, bore the brunt of buyer anxiety with sales dropping a further 20% in May. It seems the buyer now has something more stressful than range anxiety to worry about. Vehicle registration portal, VAHAN portal’s registration data […]

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VRF Batteries Set to Boost Demand For Vanadium Massively

Vanadium Redox Flow Batteries, (VRFB) have definitely brought Vanadium to the centre stage. It is a classified critical raw material in several countries around the world. Back in 2017, the European Commission identified and formally registered vanadium on the 2017 list of Critical Raw Materials for the European Union. Further, the United States, Canada and […]

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Despite Positive Results, Renewable Energy In Australia Faces Local Challenges

Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […]

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IEX Power Market Update for May – 80% Growth For Green Market

In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […]

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