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CERC Moves On Pilot Project For Market Coupling

Reports have confirmed that the Central Electricity Regulatory Commission (CERC) has ordered for a shadow pilot on market coupling of India’s power exchanges. The news confirms  what has been suspected for long, that despite protestations of IEX the premier power exchange, and many other stakeholders, the government is determined to push ahead with market coupling […]

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EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment

The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […]

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Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana?

The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […]

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Senior Consultant – Sustainable Development & Healthy Living

WSP is seeking a Senior Sustainability Consultant with more than 6 years of experience to join our large and growing Environmental and Sustainability team to work with our Middle East Advisory Services team. The successful applicant will operate within a team of environmental and sustainability professionals in Bangalore/Noida delivering the highest standards of technical work […]

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Australia In Focus as Pacific Green Targets 12 GWh Global BESS Capacity

UK based Global energy storage and environmental technology company, Pacific Green Technologies, Inc. is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first […]

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January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides

Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […]

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European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round

Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […]

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Five Trends Which Can Shape Lithium-Ion Market In 2024

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […]

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