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Tender, Tariff, and Takers: 2024 A Brief Review

The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […]

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EMBER Report Says Transatlantic Interconnection Could Be Cheaper Than Nuclear, Hydrogen

Transatlantic interconnection could be a valuable tool for achieving cheaper energy prices, improving supply security, and advancing decarbonization. Despite the high capital costs, it may prove more cost-effective than other options such as nuclear and hydrogen. According to EMBER research, transatlantic interconnection could help both North America and Europe achieve a more secure and efficient […]

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States Open Up With More Land Bank Policies For RE Projects

Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […]

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Khavda: GE Vernova Gets Rs. 400 Cr Order From Sterlite Power

GE Vernova recently secured an order worth approximately ₹400 crore from Sterlite Power. The US-based wind energy company will supply and supervise 765 kV power transformers and reactors for the Khavda project. GE Vernova plans to execute the project within two years. Wind turbine manufacturers in India have been increasing the upper capacity limit of […]

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ReNew Commissions 750 MW Projects In Rajasthan

Sumant Sinha led ReNew has announced the commissioning of 750 MW of a ~1 GW solar project in Rajasthan. The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative. As part of the project, ReNew has partnered with the Solar […]

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Can New Wind Energy Projects Transform Odisha’s RE Portfolio?

Odisha, traditionally considered one of India’s less developed states in renewable energy, is now poised to emerge as a key player in wind energy. Despite currently having no wind energy capacity, the coastal state is attracting interest from wind energy companies, signaling a shift in its renewable energy landscape. At present, wind energy is concentrated […]

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Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge

From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […]

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60 GW Of PSP Projects Under Survey, Minister Tells Parliament

The latest update from the Ministry of New and Renewable Energy (MNRE) indicates that major pumped storage projects (PSPs) spread across nine states have a combined installed pumped storage potential of approximately 181.4 GW in the country. Parliamentary data shared by the Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, […]

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COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh

Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […]

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