Author: Khushboo Goyal

India’s latest solar auction witnesses tariffs dropping to an all-time low of $0.027 per unit

India’s latest solar auction witnesses tariffs dropping to an all-time low of $0.027 per unit

November 23, 2020 |

Solar power tariffs dropped to a historic low in the state-run Solar Energy Corporation of India’s (SECI’s) latest auction for 1,070 MW of solar capacity to be set up in the Indian state of Rajasthan. The lowest tariff of Rs 2 per unit ($0.027 per unit) was quoted by Saudi Arabian firm Aljomaih Energy and Water Company and Singapore headquartered Sembcorp’s India arm’ Green Infra Wind Energy Ltd to win 200 MW and 400 MW of solar capacity respectively.

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Voltalia commissions a 10 MW/13.6 MWh battery storage project in France

Voltalia commissions a 10 MW/13.6 MWh battery storage project in France

November 17, 2020 |

France-based renewable energy player Voltalia has commissioned the Mana battery storage project at the Toco storage complex located in French Guiana. With a capacity of 10 MW/ 13.6 MWh, the Mana project adds on to the existing capacity at the Toco complex, bringing the total installed storage capacity to 12.6 MW/16.5 MWh.

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Australia’s New South Wales aims for $23.3 billion of private investments in renewables space

Australia’s New South Wales aims for $23.3 billion of private investments in renewables space

November 11, 2020 |

The state of New South Wales in Australia announced its plans to shift from coal-base power to renewables in the next decade. For this it aims to mobilise $23.3 billion of private investment into the renewables sector. The state authorities plan to attract private participation by improving the approval process, reducing bureaucratic hurdles and ensure timely clearances.

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Snam enters the Indian hydrogen and low-carbon mobility market

Snam enters the Indian hydrogen and low-carbon mobility market

November 10, 2020 |

Italian energy major, Snam has entered into cooperation agreements with leading Indian energy companies, particularly in hydrogen and low-carbon mobility sectors. The list of companies includes both private and public firms, with the agreements being announced against the backdrop of the virtual summit between the Prime Ministers of India, Narendra Modi, and of Italy, Giuseppe Conte.

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Leasing model dominates Shenzhen’s electric logistics vehicle market

Leasing model dominates Shenzhen’s electric logistics vehicle market

November 6, 2020 |

As cities globally take action to electrify urban logistics, the goals and timelines are clear: a consensus has emerged among first-mover cities to fully electrify logistics by 2030–2035. However, the pathway there is not known; the world has never seen a fully electrified urban logistics system. Each city will follow its own path to logistics electrification and have a different set of tools at its disposal.

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New York City’s Roosevelt Island to get power from tidal turbines

New York City’s Roosevelt Island to get power from tidal turbines

October 28, 2020 |

Marine energy company, Verdant Power, has installed tidal power turbines in New York City’s East River which will provide clean electricity to the narrow Roosevelt Island through a distributed generation system connected to Con Edison’s local grid. This is the first commercially licensed tidal power project in the US.

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World’s first hybrid offshore interconnector inaugurated in Baltic Sea

World’s first hybrid offshore interconnector inaugurated in Baltic Sea

October 21, 2020 |

Electricity system operators 50Hertz (German) and Energinet (Danish) have inaugurated a hybrid offshore interconnector, the Combined Grid Solution (CGS), to integrate both German and Danish offshore wind farms. This is the first such project of its kind worldwide and is being implemented in the Baltic Sea, connecting two offshore wind substations to each other as well their existing onshore connections.

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New York State approves the expanded Clean Energy Standard for achieving 70 per cent renewables by 2030

New York State approves the expanded Clean Energy Standard for achieving 70 per cent renewables by 2030

October 19, 2020 |

New York Governor Andrew M. Cuomo announced an expansion of the Clean Energy Standard as approved by the New York State Public Service Commission. With this, the state has the authority to issue Request for Proposals for renewable power deployment so as to help in achieving the goals laid out in New York’s Climate Leadership and Community Protection Act, or CLCPA.

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