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Global Solar Investments Increased By 2% In Last 8 Years: Report

A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually.  The report put the investment in the global energy sector […]

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Solar Helped Remote Hospitals Function Optimally: WRI Report

A latest report from the WRI-India, a climate and energy think tank, claimed that clean power from solar energy fueled through Distributed Renewable Energy (DRE) systems boosted the capacity of remote healthcare centres nationwide. The report was titled ‘A Spoonful of Solar to Help the Medicine go Down’.   WRI-India recently released the report in New Delhi recently. The […]

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Tight Power Markets Drive Up Volumes 21% YoY On IEX

Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis.  IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […]

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US May See 619 GW Of Renewable Power Between 2023-2030: Report

A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […]

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SJVN Calls Bids for 1500 MW ISTS Connected Solar Projects

SJVN has issued a tender inviting bids from solar power developers for the establishment of 1.5 GW of interstate transmission grid (ISTS) connected solar power projects on a build-own-operate basis anywhere in India. SJVN will enter into a 25-year power purchase agreement (PPA) with the bidders who emerges successful. Power procured by SJVN from these […]

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KPI Green Energy Joins Hands with Uttarakhand Govt for 500 MW Solar Park

Independent Power Producer KPI Green Energy Limited, in partnership with Advait Infratech Limited, has entered into a Memorandum of Understanding (MoU) with the Government of Uttarakhand. The agreement sets sights on setting up a 500 MW solar park under the Captive Power Producer (CPP) segment. KPI Green Energy has won several orders in the recent […]

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Sterlite Power Demerges Transmission & Products Business

Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […]

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NTPC REL Issues Tender for Substation Pkg for 630 MW Solar Park

NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting online bids from eligible bidders on single stage two envelope (envelope-I: techno-commercial bid and envelope-II: price bid) basis for substation package under development of 630 MW Barethi Solar Park. Brief Scope of Work 1. Design, engineering, supply, erection, testing and commissioning of- a. 400 […]

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