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News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors

V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […]

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Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage

In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […]

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Waaree Energies To Supply 445 MW Solar Modules to Statkraft

Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […]

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Husk Power Signs MoU With Nigeria To Deploy 250MW Of DRE Solutions

In a Memorandum of Understanding (MoU) signed today, the Rural Electrification Agency (REA) of Nigeria and Husk Power Systems (Husk) agreed on a partnership to deploy up to 250MW of decentralized renewable energy (DRE) projects in support of the Federal Government’s energy access, energy transition and energy security targets. The partnership will focus on a […]

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PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C

Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […]

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Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […]

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Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS

In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […]

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Open Access Charges: When Solar Fails To Deliver Promised Savings

The concept of open access in the electricity market was introduced to foster competition and provide consumers with the freedom to choose their electricity suppliers. However, despite the potential for savings, the reality is that net landed solar electricity often does not result in significant cost reductions for end consumers. This outcome is largely due […]

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Spain Joins International Solar Alliance As Its Newest Member

The International Solar Alliance (ISA), a collaborative platform to increase deployment of solar energy technologies recently announced the addition of Spain as its 99th member. The grouping was formed to bring energy access, ensure energy security, and drive energy transition in its member countries. India is a founding member of the multilateral Alliance. The entry […]

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