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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […]

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Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025

The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […]

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22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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Vestas and Utopus Insights to Pilot Energy Forecasting Solutions For RE Plants in Australia

The pilot program will aim to improve the energy system stability and increasing the potential revenue generation for customers. With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting […]

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Siemens Gamesa to Supply 21 MW Wind Turbines in First Deal With SPIC China

Siemens Gamesa has secured its first landing of SG 3.X platform in China, supplying six units of its SG 3.4-132 wind turbines with a flexible power rating of 3.65 MW. Siemens Gamesa Renewable Energy (SGRE) reached an agreement to supply six SG 3.4-132 wind turbines with a flexible power rating of 3.65 MW to a […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs

The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […]

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