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Adani Green Snaps Up 3 GW in 6.4 GW AP Solar Tender

Adani Green Energy has won 5 bids for a combined 3 GW capacity, priced in the range of Rs 2.49 to Rs 2.58/kWh in the recent AP solar tender The widely awaited results of the tender for 6.4GW from the Andhra Pradesh Green Energy Corporation Limited (APGECL) is out, and the results are on expected […]

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‘Mobilising Finance for EVs in India’ Report by Niti Aayog

India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […]

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Spain Continues Solar Resurgence With 2 GW Allocations At Auctions

At an average price of Rs 2.16/KwH and a lowest of Rs 1.31/KwH, solar prices continue to drive out wind energy from renewable auctions. Spain, which has had a solar boom of sorts ever since its first large 3 GW auction in 2017, has delivered yet another boost to solar capacity growth in the second […]

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Budget 2021. Familiar Tussle Between Developers And Manufacturers

As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […]

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EV Producer Komaki Launches Three New Electric Two Wheelers

The manufacturer of Electric Vehicles (EV), Komaki EV Division of KLB Komaki is launching three new electric two-wheelers (E2Ws) in the Country. New launches include TN-95, SE Hi-Speed scooters, and M5 electric bikes, ranging from Rs 98,000 and Rs 96,000, and Rs 99,000 respectively. KLB Komaki has ventured into the EV business since 2016 that […]

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Iberdrola and Danone España join Forces Behind the Creation of Europe’s Biggest Photovoltaic Plant

Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Europe’s biggest photovoltaic plant. The initiative consolidates Danone’s long-term renewable strategy and means that 100% of the renewable electricity used in its plants and factories in Spain will come […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Solar now the Cheapest Source of new Power in Many Markets: WoodMac

A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […]

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Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1%

On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […]

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