Renewable Electricity

Repsol Signs RE Purchase Agreement with Microsoft

Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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The Future of Solar Fabrication: Emerging Trends to Watch

As the world grapples with the consequences of climate change and transitions to cleaner and more sustainable energy sources, solar energy remains as a bright beacon of hope in the renewable energy landscape. Solar power accounts for 4.5% of the world’s electricity and is the third largest renewable electricity technology, behind hydropower and wind. However, the future […]

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IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023

The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […]

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Iran Looks to Get International Solar Alliance Membership

Iran has recently sent a Bill to the Parliament, looking to get onboarded as a member to the International Solar Alliance. As per the country’s Sixth Development Plan, it should have augmented its share of renewable power in electricity generation by at least 5 per cent. Currently, the share of renewables in Iran’s electricity generation […]

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Adani Solar Launches India’s First Large-Sized Monocrystalline Silicon Ingot

Adani Solar, the Solar PV manufacturing arm of Adani Group, has introduced India’s first large sized monocrystalline silicon ingot. The company has said in its official statement that the new product has been inaugurated by Gautam Adani, Chairman of the Adani Group at its Mundra facility, where it is setting up a  10 GW manufacturing […]

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Glass Maker Saint Gobain Strikes RE Deal For Operations in Spain

Worldwide light and sustainable construction giant Saint-Gobain has announced that the company has signed a Power Purchase Agreement (PPA) with Endesa in Spain for the supply of clean energy. Endesa is the top energy supplier in Spain. The official statement of Saint-Gobain held that the 11-year agreement will start in 2024 and will cover around […]

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Green Markets: Playing a Pivotal Role in Renewable Energy Integration

The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […]

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ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments

ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […]

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