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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity

India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […]

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ACME Solar Appoints Dinesh Chadha As President, Renewable Energy (Senior Management)

Gurugram-based ACME Solar has announced the appointment of Dinesh Chadha as the President,  Renewable energy of the company. The company said in a regulatory filing, “Dinesh Chadha holds a bachelor’s degree in Electrical Engineering from Nagpur University. Before joining Acme Solar, he served as the Managing Director at Linxon India (earlier ABB India) for India […]

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Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions

Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]

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