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CEC Unveils Roadmap for 100% Renewable Grid by 2030 in Australia

As the citizens of Australia turn their attention towards the upcoming Federal Election, the Clean Energy Council (CEC) has launched its Roadmap for a Renewable Energy Future: Federal Election Policy Recommendations, which urges Australia’s political leaders to commit to meeting the country’s domestic electricity demand with clean energy by 2030. “Now is the time to […]

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US Tariff Extension on solar products hurts energy goals: China

The Biden administration in the U.S. has extended Trump-era tariffs on imported solar products for four years but made changes to exempt many more products from the levies, such as the more modern bifacial panels, which are key for Biden’s climate agenda because they are the most efficient and will be increasingly used in large […]

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RES Diversifies Asset Management Business Through Blueshore Acquisition

UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […]

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Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market

Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […]

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Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project

Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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Sales Manager/Officer -Sustainability & Supply Chain

Supply Chain & Product Assurance (SCPA) Business Area in IME in DNV is a newly created sustainability, supply chain, digital & Product assurance unit overseeing activities in India & Middle East region. DNV’s vision is to be a trusted voice to tackle global transformation and providing management and technical advisory, assurance services for Food, Healthcare, […]

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Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry

The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […]

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Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac

Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac)   indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […]

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