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US Looking at 40 GW Solar and Wind Additions In 2024 After Blockbuster 2023

The Energy Information Administration (EIA), the official energy statistical agency of the US government released a report on Short Term Energy Outlook. The report expects that the generation from both natural gas and coal will fall next year in part due to an increase in the generating capacity from renewable sources. It forecasts that 40 []

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Solar the Star In Volatile Australian Electricity Market

As per a release from Rystad Energy Research, Australias power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep []

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India and US Are Major Drivers Of Utility-Scale Solar Power: ISA

The International Solar Alliance (ISA) recently released a report titled World Solar Market Report. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been  primarily driven []

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SJVN Seeks Developers to Supply & Maintain 18 MW Solar Projects

SJVN Green Energy Ltd, a wholly owned subsidiary of SJVN has issued a tender to invite bids for the design, engineering, supply, erection, testing, commissioning of grid connected solar power project of cumulative capacity of 18 MW (AC) at four different locations of Bhakra Beas Management Board (BBMB), including three (03) years of comprehensive operation []

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Exeter Study Claims Solar Tipping Point, Challenges To Solar Growth

Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a tipping point that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part []

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NLCILs Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit

The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCILs 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project.  The company had set []

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NTPC REL Invites Bids for Land & EHV Transmission System Pkg For Upto 2 GW PV Projects

NTPC Renewable Energy has issued a tender for land and EHV transmission system package for development of upto 2 GW ISTS connected solar PV projects in Rajasthan (tranche-III)  (Domestic Competitive Bidding). The last date for receipt of bids comprising both techno-commercial bid and price bid is November 14, 2023. Techno-commercial bid opens on November 14, []

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled X Car Charge: The []

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Trackers have shown that they are reliable unlike previous view that they are new technology: Siddharth Charkha, HCT Sun

Tell us about your firm. HCT Sun is an India-based, US-owned company. We are primarily in the OPEX (operating expense) business in India, catering especially to SMEs which no one else generally caters to. We employ high-performance components to increase the performance of the projects in the country. Besides, we have partnered with SolarGik, an []

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