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solar electricity system

European Green Deal Law Aided In Increased RE Deployment: Report

The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […]

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Flexible Energy Solution Key Towards Decarbonization: EEA

The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […]

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IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets

The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […]

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SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW

Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […]

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TNERC Clarifies Deviation Charges for RE Generators in Draft Regulations

The Tamil Nadu Electricity Regulatory Commission  (TNERC) has released the draft Forecasting, Scheduling and Deviation Settlement and related matters for wind and solar generation) Regulations, 2023. The draft Regulations will be taken into consideration after the expiry of thirty days from the date of publication of the notification on the TNERC website. The Regulations have […]

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Chinese Module Maker DMEGC Gets Carbon Neutral Certificate For Factory

DMEGC Solar’s factory in Sihong, Jiangsu Province, was designated a CO₂-neutral factory by TÜV SÜD on October 16. This is a historic achievement as it is the first photovoltaic (PV) manufacturer to receive a CO₂ certification certificate from the certification body.-neutral assessment. This recognition underscores DMEGC Solar’s commitment to Energy Conservation and Emission Reduction (ECER), […]

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US Continues To Push For Grid Resiliency With $250 Million Financing For Georgia

The Georgia Environmental Finance Authority (GEFA) and application partners Oglethorpe Power, Georgia Transmission, Georgia System Operations and Green Power EMC have joined the U.S. Department of Energy (DOE) Secretary Jennifer Granholm to announce that the partners have been selected as a grant recipient in the DOE’s Grid Resilience and Innovation Partnerships (GRIP) Program. The GRIP […]

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Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger

The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […]

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Cabinet Approves Plan For 13 GW Of Renewable Project In Ladakh

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi, today approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh. The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs 20,773.70 crore […]

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