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GERC Cautioned for Delaying Open Access Regulations by APTEL

  The Indian Captive Power Producer’s Association, which had filed a complaint at APTEL (Appelate Tribunal for Electricity) against the stat regulator in Gujarat, earned a moral victory with the APTEL bench agreeing with them. Their key contention? That the Gujarat power regulator or Gujarat Electricity Regulatory Commission (GERC) had been amiss in its failure […]

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Record Amount of Wind Turbine Capacity Ordered Globally in 2019

2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […]

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Vestas Secures 1st Order Worth 201 MW for new V155-3.3 MW Turbine in China

Vestas has secured the first order for 61 of its new V155-3.3 MW turbines for two wind power projects in China that totals 201 MW. Vestas has secured the first order for the V155-3.3 MW turbine variant for two projects in China that totals 201 MW. The order includes the supply of 61 turbines and […]

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Financing Global Energy Transformation Through Green Bonds: IRENA

IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […]

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UK the Global Hotspot, but Offshore Wind Potential is Spread Globally

The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity

The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […]

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India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence

Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […]

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