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Electricity Act

News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo

Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […]

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India Expected To Spend $385 Bn To Reach RE Target: Moody’s

Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […]

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Manager tendering

Well known of Electrical Design of Liquid filled Transformer up to 50.0 MVA 132V Class trafo’s . Inverter duty transformer (Two, Three & Five winding) for solar, wind application with Aluminium and copper wound. Electrical Design knowledge with Different type of Winding (Like Spiral /layer, Foil, Helical , Disc.) efficient & Economical/Competitive design. Knowledge of […]

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Services Administrator – Solar

Convert PR to PO from the Operation Team (non-inventory) Issue PR when finance team ask for Insurance, Management fee, Finance expense. Verify PO/ amend PO which operation team or finance team asks for. Checking everything on PO is correct such as Amount, Department, Location before ask to proceed GR. Submit opened PO AU&SG reports twice […]

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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REC Trading At IEX Skyrockets, Sees 640% Growth In May

The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs.  IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […]

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Vestas Secures 124 MW Wind Turbine Order In Lithuania

Vestas has received a 124 MW order for a wind energy project in Telsiai, Lithuania. It will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. Upon completion, Vestas will service the turbines throughout their life cycle […]

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REC Prices At Power Exchanges Take A Dip After Tweak In Rules

With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk.  The top management of IEX in its recent investors call told its investors […]

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US Invests $ 9.5 Mn To Study Social Dynamics Of Siting Solar Project

The US Department of Energy (DOE) recently announced an investment of $9.5 million for four new projects. This study was undertaken to examine the ways that siting practices can influence public attitudes toward and permitting of large-scale solar facilities. The research is expected to generate actionable insights that improve outcomes for host communities. It particularly […]

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