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renewable energy resource

Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report

The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance.  The note recommends the use of integrated green […]

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More Actions Needed To Achieve Net-Zero Targets: Wood Mackenzie

A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s Energy Transition Outlook report, an assessment of the global journey towards a lower-carbon future. The new report analyses four different pathways […]

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PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry

In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets

GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […]

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Coal India Issues Tender For 300 MW Khavda PV Solar Project

Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […]

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Principal Consultant – Supply Chain

As a Principal Consultant, you will be one of the first hires for the Supply Chain Consulting team in Wood Mackenzie’s Gurugram office and will in part be responsible, with support from counterparts in the US office, for all aspects of setting up and running the location. This includes everything from initial office setup and operations […]

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Gujarat Set To Build Its First Long Duration BESS

Gujarat Urja Vikas Nigam Ltd (GUVNL), the state electricity regulatory body, has taken the first step to transition from a battery energy storage project to developing its first Long Duration Energy Storage System (LDES) in Gujarat. It has released a draft tender to select developers for an 800 MW (200 MW x 8 Hrs) battery […]

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Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA

A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […]

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