2024

Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe

Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […]

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Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […]

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Latest ALMM Update: India’s Enlisted Solar Module Capacity Up By 3.5GW

The Ministry of New and Renewable Energy (MNRE) has now published its revised list of ALMM (Approved List of Models and Manufacturers of Solar PV Modules). The latest list shows 83 local solar module manufacturing entities/plants in the country. The revised list portrays additional new capacities of 3,501 MW. The increase in the capacities is […]

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Utility-Scale Solar Power Additions May Double In 2024: EIA Report

A latest report from the Energy Information Agency (EIA) on the preliminary monthly electric generator inventory shared the developers’ and power plant owners’ plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024.  The EIA report found that 55% more capacity would be added than the 40.4 GW added in 2023 (the […]

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JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand

Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […]

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In 2023 China EV Witnessed 35% Rise YoY: Rystad

Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […]

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BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions

With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […]

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2023 Hottest Year On Record, But Solar Power Delivers

Europe based Solargis, focused on  solar data and software, has analyzed the annual performance of solar irradiance for 2023, revealing the trends and variations of solar irradiance across the globe. The analysis shows that global solar irradiance remained relatively stable or increased in some regions, despite the record-breaking heat and extreme weather events driven by […]

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Airports To Become Carbon Neutral By December 2024

The government is aiming to make Most Indian airports carbon neutral by December 2024 and achieve Net Zero emissions by 2030. Rubina Ali, joint secretary, Ministry of Civil Aviation, recently wrote to the CEOs of the private airports and the Airports Authority of India (AAI) to submit a plan to achieve net zero. Her letter […]

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