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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […]

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Tata Power Reports Q3 Results, Strong Showing by Renewables Biz

Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […]

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KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia

KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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NTPC 320 MW Project Awarded To Tata Power Solar

Tata Power Solar on Saturday (January 23) announced that it has bagged an order worth ₹1,200 crore from national generator NTPC for setting up of a 320 MW ground-mounted solar project. For Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, the win is a boost to its project pipeline, now […]

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Solar now the Cheapest Source of new Power in Many Markets: WoodMac

A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […]

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Power Ministry Reconsidering 10 kW Net Metering cap for Rooftop Solar

The Ministry of Power will reexamine capping net metering at 10 kW for rooftop solar installations under the new consumer rules Clarification on Electricity (Rights of Consumers) Rules 2020 pic.twitter.com/FaRdTLJIA5 — Ministry of Power (@MinOfPower) January 16, 2021 The Ministry of Power (MoP) has issued a clarification for its Electricity (Rights of Consumers) Rules 2020, […]

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1st Batch Successfully Connected at World’s Largest Tidal-Flat Solar Plant

The first batch of units of the world’s largest tidal-flat utility PV plant (300 MW), contracted by the 12th Bureau of Hydropower, have been successfully connected to the grid for power generation. This completed the annual grid connection goal safely, efficiently, and satisfactorily. The project, which is now the world’s largest coastal tidal flat solar […]

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Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020

Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […]

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