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renewable energy power

MSEDCL Seeks Approval From MERC For Energy Storage Facility In Unique Bidding

Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval of procurement of 250 MW flexible and schedulable power from renewable energy sources with green-shoe option along with an energy storage facility for 25 years and approval of the related tender documents. Maharashtra State Electricity […]

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UK Approves 8 GW Offshore Wind Energy Projects Development

In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […]

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HPX Crosses 100 MUs Of Traded Power In Month 1

The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […]

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Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler

California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […]

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NTPC, Morocco Ink MoU For Cooperation In Renewable Energy

India’s largest power producer and state-owned NTPC has signed a Memorandum of Understanding with Moroccan Agency for Sustainable Energy (MASEN) for mutual cooperation in the renewable energy sector. A statement by the Ministry of Power reads that the agreement was signed during the 17th CII EXIM conclave on India-Africa growth partnership in New Delhi from […]

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Global Energy Perspective Year 2022 by McKinsey

Mckinsey & Company  has released its study on Global Energy Perspective 2022. In this Global Energy Perspective 2022 report, Mckinsey & Company gave detailed information about Net Zero carbon emissions & other goal of more than 60 countries. Additionally, 60% of Fortune 500 corporations pledge to meet these decarbonization targets. The global energy revolution is […]

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