Future-proofing utilities: Strategies for navigating technological disruption in India
The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.
SJVN increases renewables-plus-storage tender capacity to 2.4 GW
SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW.
Reactive power management key to advancing grid stability
In its latest monthly column for pv magazine, IEA-PVPS provides a comprehensive overview of the state-of-the-art practices, best practices, and recommendations for managing reactive power amidst the growing integration of distributed energy resources (DERs). The article describes the regulatory frameworks and practical applications, underscoring the essential role of reactive power management in maintaining a stable and efficient power grid.
Japan’s 20th solar auction concludes with average final price of $0.029/kWh
Japan has allocated 93 MW of PV capacity in its latest procurement exercise. The lowest bid for a 1.9 MW solar project came in at JPY 4.5 ($0.029)/kWh, while the average final price was JPY 6.8/kWh.
Gensol Engineering wins INR 463 crore solar EPC project in Gujarat
Gensol Engineering has secured engineering, procurement and construction contract for an INR 463 crore solar plant at Khavda RE Power Park. The project was awarded by a leading private-sector power producer.
JSW Energy secures Letter of Intent for 192 MW wind-solar hybrid power project
JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.
How renewable energy is leading the fight for nature conservation
Even though fossil fuels still dominate global energy production at present, the movement for a changeover to cleaner forms of energy is building up. Renewables presently provide some 29 percent of all electricity generated; a figure bound to enormously rise in the next few years.
REC posts its highest Q1 profit of INR 3,442 crore
REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.
SECI allocates 630 MW renewables-plus-storage at average price of $0.059 /kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.
KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects
KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urja Vikas Nigam Ltd’s recent tenders.
