|

Waree Renewable Technologies targets 15.5 GW bidding pipeline for FY25

Waree Renewable Technologies, an EPC company within the Waree Energies group, aims to achieve a 15.5 GW bidding pipeline in FY25. Chief Financial Officer Dilip Panjwani noted that the company’s order book has grown from 800 MW last year to 2.1 GW currently. For FY25, Panjwani emphasized their existing order book of 2.1 GW and highlighted the government’s policy mandating 50 GW of renewable energy tenders annually as a significant opportunity within their 15.5 GW…

|

JSW Energy receives ‘A’ ESG rating from MSCI

JSW Energy has been awarded an ‘A’ rating for Environment, Social, and Corporate Governance (ESG) by Morgan Stanley Capital International (MSCI). Recognized globally, MSCI’s ratings serve as a crucial tool for the international investment community. This achievement positions JSW Energy among the top ranks of domestic peers in the power generation industry, underscoring its robust ESG policies. The high rating reflects the company’s effective carbon emissions management and strategic focus on renewable energy. Under its…

|

Ground-mounted solar PV, onshore wind most cost-effective for new power plants in Germany

Ground-mounted solar PV and onshore wind energy are the most cost-effective technologies for new power plants in Germany, with levelised cost of electricity (LCOE) ranging from EUR 41 to EUR 92 per MWh, according to Fraunhofer ISE. New solar installations combined with battery systems have LCOE between EUR 60 and EUR 225 per MWh, reflecting varying costs for battery and solar systems and different levels of solar radiation. The study shows that these solar PV…

|

Chinese power grids face extreme demand amid record heatwave

Power grids in Chinese provinces, including Shanghai and Zhejiang, are experiencing unprecedented demand as record temperatures exceed 40°C (104°F). State broadcaster CCTV reported temperatures as high as 43.9°C in eastern regions such as Zhejiang, Jiangsu, Shanghai, Anhui, and Xinjiang in the northwest. On August 2, Shanghai’s power grid hit a record maximum load of over 40 million kilowatts (kW) due to the heat, driving electricity consumption in the city of nearly 25 million people. This…

|

India to add 337,900 MW power generation capacity by 2032

India is projected to add a total of 337,900 MW of power generation capacity by 2032, Union Minister of State for Power Shripad Naik informed the Rajya Sabha on Monday. Over the past decade, the country has added 214,237 MW of electricity generation capacity. This expansion increased the total generation capacity by 79.5%, from 248,554 MW in March 2014 to 446,190 MW in June 2024. Of the anticipated capacity addition by 2032, 80,000 MW will…

|

RWE, Salzgitter Group sign 64 GWh green electricity PPA

RWE Supply & Trading and the Salzgitter Group have signed a seven-year power purchase agreement (PPA) for 64 GWh of green electricity annually, starting in 2027. The electricity will be sourced from the 180 MW Boitzenburger Land solar park in Brandenburg, one of Germany’s largest photovoltaic systems, operational since autumn 2023. The solar park, covering 170 hectares, is owned by Solarenergie Boitzenburger Land GmbH, GP JOULE Group, and Mainova AG. The park’s electricity is marketed…

|

DST develops durable battery for remote sub-zero conditions

Scientists from the Department of Science and Technology (DST) have developed an efficient, durable Zn-air battery for remote sub-zero conditions, ideal for areas like the Himalayas where conventional batteries fail. This device combines an effective cathode catalyst and anti-freeze electrolyte. With rising energy demand, efficient storage systems are crucial. Traditional lithium-ion (Li-ion) batteries have limited energy density due to heavy cathode materials. Metal-air batteries, using metals like lithium, sodium, potassium, magnesium, aluminum, zinc, and iron,…

|

CEA approves 2 PSPs in Odisha, Karnataka

The Central Electricity Authority (CEA) has approved two Hydro Pumped Storage Projects (PSPs): the 600 MW Upper Indravati in Odisha by Odisha Hydro Power Corporation (OHPC) and the 2000 MW Sharavathy in Karnataka by Karnataka Power Corporation Limited (KPCL). These approvals were supported by the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS). CEA has received Hydro PSP proposals totalling around 60 GW, currently under Survey…

|

CEA releases draft amendment to transmission planning criteria

The Central Electricity Authority (CEA) of India has issued a draft amendment to the “Manual on Transmission Planning Criteria, 2023,” which took effect on April 1, 2023. This document outlines the planning procedures and criteria for developing India’s electricity transmission system. The amendment introduces a new chapter detailing procedures for planning electric power transmission systems and updates parameters for certain conductors. It aims to enhance the planning and development of a reliable, efficient, and economical…

|

Shongtong HEP in Himachal Pradesh receives stage-II clearance

The Ministry of Environment, Forest and Climate Change (MoEFCC) has granted Stage-II clearance under the Forest Conservation Act (FCA) to the Shongtong Hydro Electric Project in Himachal Pradesh’s Kinnaur district. The approval, pending since 2018, was essential for using approximately 17 acres of land for the 450 MW Shongtong Karchham Hydro Electric Project. The Stage-I clearance was initially granted on March 19, 2024. Following this, the state government submitted a compliance report and requested final…