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Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year

There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […]

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Adani Issues RfS for Purchase of 700 MW of Solar Power

The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […]

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IPGCL Issues L1 Bidders List for Delhi’s 35MW Rooftop Solar Tender

IPGCL Notifies L1 Bidders for Part-A/B/C Resco of 35MW Rooftop Solar Tender issued for Delhi Delhi Government-owned utility firm Indraprastha Power Generation Co Ltd (IPGCL) has notified the selection of L1 bidders for the grid interactive rooftop solar PV power plant under RESCO-A, RESCO-B & RESCO-C vide RFS No.: IPGCL/RFS-EOI-2/RESCO-CAPEX/07/2018-19. According to the notification for […]

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BESCOM to Rollout Tool for Rooftop Solar Potential

The tool essentially shows which part of the roof is suitable, based on the colour codes. It then calculates and generates the best system design to set up solar panels. Bangalore Electricity Supply Company Ltd (Bescom) is looking to add a first-of-its-kind tool that evaluates which part of one’s rooftop can generate maximum solar energy […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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DERC Approves 100 MW Wind Power Agreements

The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […]

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Foundation Stone for Sitamarhi Sub-Station Laid

The Sub-station will supply power to Sitamarhi, Darbhanga, Madhubani, East Champaran, West Champaran and Sheohar districts of Bihar. The foundation stone for 400/220/132 kV Sitamarhi Sub-station at Parmanandpur village, Distt. Sitamarhi was laid. The programme was presided over by R. K. Singh, Minister of Power, New and Renewable Energy and Nitish Kumar, Chief Minister of […]

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Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF

Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […]

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Goa’s New Solar Policy to be Notified in 15 Days

The commission at the public hearing stated that the department should, in fact, encourage consumers to switch over to non-renewable energy resources. The Joint Electricity Regulatory Commission (JERC) has instructed the electricity department of Goa to help out consumers who are interested in setting up solar systems. The judgment was passed after consumers and solar […]

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