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electricity

Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win

Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […]

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SJVN & NDMC Agree Terms For 150 MW Solar Power Sale

Hydroelectric power generation company SJVN has announced an agreement with the New Delhi Municipal Council (NDMC) to sell 150 MW of solar power from SJVN projects that it plans to bid and develop under the Central Public Sector Undertaking (CPSU) Scheme. In accordance, NDMC will purchase this solar power at a rate of Rs. 2.44/kWh tariff […]

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Settle at 6% Or 12%? The Curious Case of 4 Cases Of Tangedco Delays

4 recent orders passed at the Tamil Nadu State Electricity Regulatory Commission (TNERC) drew our attention recently. All four involved wind energy operators with the  same complain against the state disco, TANGEDCO. In each case, the discom had delayed payments to the generators, following which, they had approached the state commission for redressal. In all […]

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Will 2021 be The Year Solar Saves California?

California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […]

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NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor

In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor.  […]

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WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy

Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant.  Borealis is one of the world’s leading providers of […]

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A Renewable PPA Pricing Tool From Pexapark

Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […]

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BHEL Tenders for Solar Compact Station Of 8MW Farm in Mauritius

Engineering and manufacturing PSU, Bharat Heavy Electricals Limited (BHEL) has floated a tender for the supply and commissioning support of Solar Compact Station (SCS) for 8 MWac solar PV farm at Tamarind Falls, Henrietta, Mauritius. A Solar Compact Station (SCS) is a large-scale PV system devised for the supply of merchant power into the electricity […]

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Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA

The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]

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