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India’s industrial sector sees surge in natural gas consumption: IEEFA 

India, News

India’s natural gas consumption has rebounded significantly from the post-COVID-19 slump, with small-to-medium scale industries leading the charge. According to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA), sectors such as tea plantations, manufacturing, liquefied petroleum gas (LPG) shrinkage, and sponge iron have driven this resurgence. Although the power sector has seen an increase in gas use for peak demand over the past two fiscal years, it has not yet…

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Singapore looks to Australia and Malaysia for renewable energy to meet rising demand

Global, News

As energy demand continues to surge, driven largely by data centres, Singapore is turning to Australia’s deserts and Malaysia’s rainforests for clean energy solutions. This week, Australia announced a massive solar farm aiming to deliver up to 2 GW of power to Singapore via undersea cable. Singapore plans to peak carbon emissions by 2030 and achieve net zero by 2050. However, with limited space and unfavourable conditions for wind or hydropower, the city-state relies heavily…

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California establishes centralized strategy for clean energy procurement

Global, News

The California Public Utilities Commission (CPUC) has introduced a centralized procurement strategy to boost clean energy, aiming to secure up to 10.6 GW of long-duration energy resources. The California Department of Water Resources (DWR) will handle procurement, targeting 7.6 GW of offshore wind, 1 GW of geothermal energy, 1 GW of multi-day long-duration energy storage, and 1 GW of long-duration energy storage with at least a 12-hour discharge period. The CPUC chose these technologies for…

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India’s power demand to grow by 15 GW annually

India, News

India’s power demand is set to increase at a rate of 15 GW per year over the next six years, up from 11 GW per year over the past decade, according to Srikant Nagulapalli, Additional Secretary for Power. Speaking at an Industry Conclave organized by IEEMA, Nagulapalli highlighted that by 2030, an additional 85 GW of demand will be added during solar hours, with more than 90 GW added to peak demand during non-solar hours….

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JSW signs PPA with BESCOM for 300 MW solar project

India, News

JSW Renew Energy Twenty, a stepdown subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for 300 MW of solar capacity. This project, awarded by Karnataka Renewable Energy Development (KREDL), is set to supply power at a tariff of Rs 2.89/KWh until FY 2044. Located in Pavagada Solar Park, Karnataka, the project is expected to be commissioned within the next 18 months. JSW Energy’s current solar pipeline…

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Andhra Pradesh to launch Integrated Renewable Energy Policy with major investments

India, News

The Andhra Pradesh government will soon unveil an ‘Integrated Renewable Energy Policy,’ following Brookfield’s announcement to invest over Rs 500 billion in the state over the next three to five years. The policy will cover solar, wind, hybrid energy, energy storage, green hydrogen, biofuels, and electric vehicle charging infrastructure. Brookfield’s joint venture with Axis Energy, Evren, plans to install a total of 8,873 MW of solar and wind capacity in Andhra Pradesh. State Minister Nara…

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Power Ministery launches CEA regulations compendium to ensure grid stability

India, News

Union Power Minister Manohar Lal Khattar launched a compendium of regulations from the Central Electricity Authority (CEA) to ensure grid stability and maintain safety standards in electricity operations. The compendium, covering technical standards, safety measures, grid connectivity, and more, addresses the evolving needs of India’s power sector. Released under the Electricity Act, 2003, these regulations aim to promote efficient resource use, ensure grid stability, maintain safety standards, and support the integration of renewable energy into…

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Zelestra signs 25-year deal to supply electricity from 450 MW solar project in Rajasthan to NTPC

India, News

Spanish renewable energy company Zelestra has signed a 25-year power purchase agreement (PPA) with state-owned NTPC to supply electricity from its upcoming 450 MW solar project in Rajasthan. The project is expected to generate approximately 801 GWh annually. Over the course of the agreement, the project is projected to reduce carbon emissions by 13,555,774 metric tons. This solar project is part of Zelestra India’s broader strategy to build a diverse portfolio of over 6 GW…

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Tamil Nadu inaugurates Sembcorp’s green ammonia plant in Tuticorin

India, News

Tamil Nadu Chief Minister MK Stalin inaugurated 19 projects worth Rs 17.62 billion and laid the foundation for 28 more with a total investment of Rs 51.16 billion. The most significant project is a Rs 36.24 billion green ammonia plant by Singapore-based Sembcorp Industries, located in Tuticorin. This plant will produce 200,000 tonnes of green ammonia annually, exporting zero-emission fuel to Japan. Nippon Yusen Kabushiki Kaisha will handle the maritime transportation of the green ammonia….

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Bangladesh’s Summit Group to renegotiate renewable power deals with India

India, News

Summit Group of Bangladesh plans to renegotiate deals to import renewable power from India following a recent policy change by New Delhi. The new rule allows power generators that previously exported all their electricity to sell locally. This change has prompted Summit to reconsider its investments, as Indian partners may now prefer selling power within India. Summit had signed preliminary deals with Indian firms, including Tata Power Renewable Energy Ltd, to develop 1,000 MW of…