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Electricity Market

CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI

In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […]

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Top 5 US solar parks

Solar power is more affordable, accessible and widely used in the United States today than it was ever before. The progress and potential of solar power development in the country is staggering. Solar power capacity of the US has grown from approximately 0.34 GW in 2008 to approximately 97.2 GW in 2021. Markets for solar […]

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Envision to Supply Turbines for ASEAN’s Largest Wind Farm

China based Envision Group has signed a ‘Letter of Intent’ with Impact Energy Asia Development Limited (IEAD) for the supply of wind turbines to the 600MW Monsoon Wind Project in Lao(s) PDR. The construction of the wind farm will start this year and is expected to be commercially operationalized in 2025. Envision plans to supply […]

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Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million

Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […]

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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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CERC allows PXIL to introduce hydropower contracts in GTAM

In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […]

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Gridtential to Supply Battery Technology to Camel Energy and Leading U.S. Automaker

Gridtential Energy, the firm behind the of Silicon Joule bipole battery technology, has announced a product development agreement with car batteries manufacturer Camel Energy and a top-three U.S. automaker for the delivery of start/stop batteries for internal combustion engine (ICE) vehicles. The same technology architecture can be used for low-voltage batteries in electric vehicles and […]

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Solutions Manager EcoStruxure Power for End User

EcoStruxure Mission Critical creates and manages a portfolio of digital Innovation across all three levels of EcoStruxure as a system.  Our Digital innovations help customer achieve Higher “Safety/ Efficiency/ Sustainability/ Power availability” of their Facilities/Factories, as well as Higher Safety for the personal. EcoStruxure Power for End User is organized across three value streams: Mission […]

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