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Electricity Market

2024: Germany’s Solar Production Exceeds 100 GW Mark

At the turn of the year, Germany’s total solar output, including all solar power plants installed in the country, has now exceeded the 100 gigawatts (GW) mark. These recent projections were made by the German Solar Industry Association, based on data from the Federal Network Agency (BNetzA). The solar power plant portfolio covered around 14 […]

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Gujarat: Hartek Secures Rs 117 Cr Order From Power Grid

Chandigarh-based Hartek Group’s Power system business unit recently secured a Rs. 117 crore project in Gujarat from Power Grid Corporation of India Limited (PGCIL). The project involves the extension of a 765kV AIS substation as well as 400/220kV substation work. Commenting on the development, Simarpreet Singh, Group Executive Director and Chief Executive Officer (CEO) – […]

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SaurEnergy Explains: Understanding Carbon Offsets, Carbon Credits, and RECs

While carbon credits, carbon offsets, and RECs all serve as tools to address environmental impact, they operate differently within the sustainability landscape. Understanding the distinctions between carbon offsets, carbon credits, and renewable energy certificates (RECs) is essential for grasping how organizations strive to mitigate their environmental impact. Knowledge of these distinctions also helps organizations and […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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Services Sales Engineer

RESPONSIBILITIES:- Understand Fluence regional growth strategy and execute according to that strategy. Sizing of BESS system and OPEX costing Engage with key customers to identify new service opportunities. Negotiate commercial and technical aspects of customer contract(s) with Regional Sales, Commercial Project Management, Legal and Regional Service Leads. Lead the development of new service sales tools […]

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MERC Declines To Re-Determine Wind Tariff On Actual CUF

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has declined to amend a regulation retrospectively to re-determine tariffs. The case pertained to the re-determination of tariffs for wind power generators in Maharashtra. The order emerged when the state power utility MSEDCL approached the regulatory commission, arguing that actual tariff determination should be based […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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South Africa Announces 8 Bidders For 1.76 GW RE Projects

South African Electricity and Energy Minister, Kgosientsho Ramokgopa recently appointed eight preferred bidders to develop eight renewable energy projects. These projects will be developed under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7. The project has a combined contracted capacity of 1.76 GW. It further awarded the project to eight preferred […]

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Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions

Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […]

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