In Short : Global renewable energy investment reached USD 807 billion in 2024, driven by rapid growth in solar, wind, and battery storage projects. The surge reflects increasing government support, falling technology costs, and rising private-sector participation. Emerging markets contributed significantly to the expansion. The investment milestone highlights accelerating momentum toward clean energy systems and […]
Summary: — # **1. Purpose of the Petitions** ### **Petition No. 517/TT/2025** Truing-up of transmission tariff for **2019–24** and determination of tariff for **2024–29** for the **NLC–Karaikal 230 kV D/C line** (via LILO of Neyveli–Bahour 230 kV S/C line). — ### **Petition No. 560/TT/2025** Truing-up of transmission tariff for **2019–24** and determination of tariff for […]
Summary: — ## ⚖️ **Document Overview** **Issuing Authority:** Central Electricity Regulatory Commission (CERC), New Delhi **Date of Hearing:** 30 September 2025 **Coram:** * Shri Ramesh Babu V., Member * Shri Harish Dudani, Member **Petitioner:** *Power Grid Corporation of India Limited (PGCIL)* **Respondents:** *Tamil Nadu Generation and Distribution Corporation Limited, Uttar Pradesh Power Corporation Limited,* and […]
Petition for determination of transmission tariff of the CERC (Conduct of Business) and (Terms and Condition of Tariff) Regulations, 2024 For more information please see below link:
Wuxi, China — Sineng Electric, a global leading PV+ESS solution provider, has once again secured the No. 4 position worldwide in PV inverter shipments for 2024, according to the latest report from S&P Global Commodity Insights — the leading authority in credit ratings, benchmarks, analytics, and workflow solutions. This achievement marks the twelfth consecutive year […]
In Short : India has reached a major clean energy milestone, with non-fossil sources now comprising 50% (242.8 GW) of its 484.8 GW total installed power capacity—five years ahead of its 2030 target. This includes renewables, large hydro, and nuclear power. In 2024 alone, India saved ₹4 lakh crore by reducing fossil fuel dependence, significantly […]
In Short : China led global energy supply in 2024 with 158.88 exajoules, contributing 26.8% of the world’s total. The U.S. followed with 91.83 exajoules, and India ranked third at 38.76 exajoules. Global energy supply rose 1.78%, with all energy types increasing. Renewables grew fastest at 7.6%, while oil remained the top source, supplying 34% […]
In Short : India added 341 MWh of battery storage in 2024—a sixfold jump from 51 MWh in 2023—taking total cumulative capacity to 442 MWh. About 60% of the capacity came from solar-plus-storage systems, 36% from other renewables, and 4% from standalone units. Pumped hydro storage also stands at a substantial 4.7 GW. In Detail […]
In Short : The Asian Development Bank (ADB) achieved a record \$8.7 billion in nonsovereign cofinancing in 2024, a 26% increase from the previous year. Key growth areas included transaction advisory services, up by 369%, and the Trade and Supply Chain Finance Program, totaling \$2.9 billion. ADB’s efforts focused on SMEs, financial inclusion, sustainable infrastructure, […]