Wartsila and Fluence to Supply 1 GW of Grid-Scale Battery Storage to AGL in Australia
AGL Energy, an Australia-based energy company, has signed non-exclusive framework agreements with energy storage technology companies Wartsila and Fluence to supply up to 1 GW of grid-scale battery storage. AGL ...
West Bengal Tops List of States Buying ‘Dirty’ Coal-Based Power
West Bengal tops the list of states buying 'dirty' coal power, according to the latest coal power procurement assessment conducted by the Centre of Science and Environment (CSE). The assessment ...
US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years
Annual energy consumption from renewable sources in the United States in 2019 exceeded coal consumption for the first time since 1885, according to the U.S. Energy Information Administration’s (EIA) ‘Monthly ...
Renewable Power in Asia Pacific Region to be Cheaper than Coal by 2030: Report
Renewable power in India is expected to be 56% cheaper than new-build coal by 2030, according to a report published by Wood Mackenzie, a United Kingdom-based research and consultancy firm. The ...
Coal India Plans to Invest Over ₹56 Billion in 14 Solar Projects by March 2024
Coal India Limited (CIL) has announced that it would invest ₹56.50 billion ($763 million) by March 2024 to develop 14 solar power projects to help power its mining operations, according ...
Solar’s Share in India’s Installed Power Capacity Stalls at 9.9% at the End of Q3
India’s share of renewable energy (including large hydropower projects) crawled to 36.4% in the third quarter of 2020 (Q3 2020) from 36.3% in the previous quarter, according to the data ...
Solar at the Centerstage, India’s Power Demand Outpaces other Regions by 2030: IEA Report
Solar is likely to be the new king in the world's electricity market, and India could be a leading market for utility-scale battery storage, says International Energy Agency's latest World ...
US Companies Ask Insurers to Say No to Fossil-Fuel and Support Renewable Businesses
Sixty U.S. companies have teamed up to persuade American insurers to ditch fossil fuel-based businesses. In a letter to insurers, these businesses said: “As insurance customers, we are expressing our ...
Solar Curtailment Could Rise Globally as PV Penetration Increases
The trend of curtailment of renewable power has started taking shape globally. Power firms in China, Chile, several U.S. markets, including Arizona, California, Hawaii, and Texas, had to curtail at ...
Shutting Down Old & Under-Construction Coal Projects Could Save ₹1.1 Trillion: Report
In India, shutting down 20-year or older coal-fired power projects and scrapping under-construction thermal power projects could save the government, power distribution utilities, and consumers almost ₹1.1 trillion (~$15 billion), ...
Thermal Units May Recover Pollution Control Retrofit Costs Over 25 Years, Suggests CERC
Thermal power projects retrofitting pollution control systems on commissioned units will be allowed to recover their costs in parts from buyers during the tenure of power purchase agreements, Central Electricity ...
US-Based Solar Workgroup Offers Renewable Jobs to Coal Workers
U.S.-based of The Solar Workgroup of Southwest Virginia has launched a new initiative to set up commercial-scale solar installations in the coalfield region of Southwest Virginia and offer renewable energy ...
UN Secretary-General Calls on India to Take Lead in Global Transformation to Renewables
United Nations Secretary-General, António Guterres, called on India to take the lead in transforming global economic, energy, and health systems to save lives, create inclusive economies, and avert the threat ...
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report
As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...
India Installs Just 205 MW of Solar Capacity in Q2 2020
India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...
Solar’s Share in India’s Installed Power Capacity Mix Rises to 9.8% as of Q1 2020
The share of renewable energy (including large hydro) in India’s overall installed power capacity mix rose marginally to 36.2% at the end of the first quarter of 2020, from 35.9% ...
Gujarat Successfully Runs Coal Project at 40% Capacity to Support Renewable Integration
The Gujarat State Electricity Corporation Limited (GSECL) has successfully managed to operate its 500 MW Ukai unit under its coal-based power project at 40% of its capacity during a recently ...
India Likely to Stop Coal Imports by 2023-24
The Union Minister of Coal and Mines, Pralhad Joshi, recently announced India’s plans to stop the import of thermal coal from 2023-2024. Coal-based power makes up the largest share of ...
Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019
Renewable energy (including large hydro) accounted for almost 36% of India’s total power capacity mix at the end of the calendar year (CY) 2019, according to data from the Central ...
Coal India Invites Expression of Interest for a 100 MW Solar Project in Chhattisgarh
Coal India Limited (CIL) has issued an Expression of Interest (EoI) to set up a 100 MW solar pilot project in Chhattisgarh for captive consumption to help it meet its ...
Andhra Allocates ₹5.57 Billion Towards Payment Security Mechanism for Power Purchase
The state government of Andhra Pradesh has set aside a sum of ₹5.57 billion (~$79 million) towards payment security mechanism as notified by the government recently. The amount will be ...
Tata Power Decides to Pull the Plug on Coal-Based Power: Report
In a surprise move, Tata Power, one of India’s largest power producer, has announced that it will not build any new coal-fired power project in the future and majority of ...
Peak Power Demand in India Increased Year-Over-Year by 4% in January 2019
According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in January 2019, registering a 4 percent increase over the peak demand registered in January ...
Solar’s Share in India’s Total Installed Capacity Rises to 7.9% at the End of 2018
Renewable energy capacity additions continue to increase at a significant pace in India, accounting for approximately 22 percent of India’s power capacity mix at the end of December 2018. India’s ...
Share of Solar Rises to 7.46% of India’s Total Installed Power Capacity
Renewable energy capacity additions continue to increase in India, accounting for approximately 21.41 percent of India’s capacity mix at the end of September 2018. This is an 0.48 percent increase ...
