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renewable energy resource

IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy

In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […]

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Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA

Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […]

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Solar Crosses 40 GW Mark in India, Renewable Capacity at 94.43 GW

MNRE in its monthly summary to the cabinet for March 2021 has revealed that the installed solar capacity in India has crossed the 40 GW mark The Ministry of New and Renewable Energy (MNRE) in its monthly summary to the cabinet for the month of March 2021 has revealed that the installed and operational solar […]

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MERC Clarifies That Green Energy Tariff To Be Treated As Tariff Income In Mumbai

The Maharashtra Electricity Regulatory Commission, has issued an ‘Errata’ order for its earlier order (case 134 of 2020 on March 22) allowing Tata Power company (TPC-D), one of the three Mumbai discoms, to provide ‘green tariff at a 66 paise premium to customers. The new order makes it clear that the premium being charged for […]

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What If- Renewable Powered Power Trade Between India And Pakistan

Readers might be surprised to know that India’s trade in power is not insignificant when it comes to its neighbours. The country annually imports around 1,200 MW of power from Bhutan, exports 1,200 MW to Bangladesh, exports 450 MW to Nepal and 3 MW to Myanmar. India is also working on a plan to develop […]

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Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution

Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […]

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Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business

Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […]

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Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

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