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Electricity Market

Global CO2 Emissions set for Second Biggest Increase in History: IEA

A new report finds global energy-related CO2 emissions to be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history A new report by the International Energy Agency (IEA) has predicted that the global energy-related CO2 emissions will be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history […]

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Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC

The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […]

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Sri Lanka’s WindForce Commences Trading on CSE above IPO Price

On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […]

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REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20

The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […]

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Ecoppia’s Robotic Technology to Powers Automated Solar Panel Cleaning at AES California Site

Ecoppia, the world-leader in robotic cleaning technology for photovoltaic solar sites, announced today that it has completed the installation of its robots at a solar site in California, USA, operated by The AES Corporation, a Fortune 500 global energy company that provides greener, smarter energy solutions in 15 countries worldwide. AES is the largest private […]

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Amazon Announces New Investments in RE in US, Canada, Europe

Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […]

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SerEnergy Launches 4th Gen Methanol Fuel Cell, SereneU

Danish firm SerEnergy, a  methanol based fuel cell solutions firm has announced the launch of its 4th generation of fuel cell units, called SereneU. The new generation introduces many advantages, such as longer lifetime, less service and maintenances, and improved total cost of ownership. Methanol-based Fuel Cells: A unique Technology for Sustainable Energy Generation SerEnergy […]

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Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects

Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […]

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