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renewable energy power

Spot Power Prices Drop 11% in June to Rs 3.32/unit

Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […]

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Madurai Airport Goes Solar, Meets 30% of Power Needs from RE

Amidst the call to make its an International airport, the Madurai Airport has started to save big on electricity bill as the solar power is meeting more than a quarter of its electricity needs India’s 32nd busiest terminal, Madurai Airport is successfully cutting down its electricity bill as it meets 30% of its power requirement […]

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Mexico to Lead Central American, Caribbean Wind Power Growth: Report

A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in the region through 2028, led by Mexico. A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven […]

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Renewable Certificates Sales Down 22% in June

Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […]

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EDF Renewables Commissions 120 MW Solar Project in Mexico

EDF Renewables Mexico has announced 119.6 MW Bluemex Power 1 Solar Project is fully operational and delivering electricity. EDF Renewables Mexico has announced that its 119.6 MW Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions

The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […]

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SECI Floats Tender for 1200 MW Solar Power Projects (ISTS-V)

SECI has issued an RfS for setting up of 1200 MW solar projects in India under global competitive bidding (ISTS-V). The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of solar power developers (SPDs) for setting up of 1200 MW ISTS-connected solar power projects in India under […]

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Gujarat Targeting 30 GW Renewable Capacity by 2022

Gujarat government plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. In the latest budget announcement, the Gujarat government announced its plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. The announcement was […]

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