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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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2020 Could Be Africa’s Arrival As A Solar Market With Size

After a long wait, 2020 could well mark a decisive shift in the energy availability graph for countries in Africa, as multiple approaches and tactics finally make a case for a stronger push. For long, Africa has suffered from the world’s lowest electrification rate. Figures from 2017 state that Its power consumption per capita is […]

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Renewable Energy Certificates Sales Down 10% in December

Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […]

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Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report

The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […]

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Top 10 Solar Companies in India

What has taken on earth today as a curse is the changing global warming scenario. Solar companies in India have taken the trunk on shoulder to make it a better place to live in future. Solar companies in India are today a GW worth. With making huge success in utility, commercial and home installations, solar […]

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EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria

EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […]

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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm

Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […]

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EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData

The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […]

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