BrightNight experts with proven success to deliver hybrid renewable power INLET BEACH, Fla : Today, BrightNight announced its entrance into India’s energy market with two key hires based in New Delhi. Sajay KV has joined as India CEO and Naveen Khandelwal has joined as India COO and CFO. Combined, BrightNight’s new India management team members […]
According to the power demand data published by the National Load Dispatch Centre, the national peak power demand was at 183 GW while the peak demand and power consumption registered close to 40 per cent YoY growth on a weak base. New Delhi: Continuing its exceptional performance during the last fiscal, the electricity market at […]
The day-ahead market traded 5,699 MU volume, achieving 54 per cent growth. The average monthly price at Rs 3.70 per unit witnessed 53 per cent increase over Rs 2.42 in the corresponding period in 2020. New Delhi: Indian Energy Exchange (IEX) said on Thursday that the electricity market entered the new fiscal year 2022 with […]
CERC proposes to grant registration to Pranurja Solutions to establish and operate a power exchange Petition for grant of registration to establish and operate a Power Exchange Petition under Regulation 16 of the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 as amended, for grant of registration to establish and operate a Power Exchange in […]
AGL factoring in a “sustained and material reduction” in energy prices due to the slump in the wholesale power market and government plans to underwrite new power plants. New Delhi: Australia’s AGL Energy Ltd expects to book A$2.69 billion ($2.1 billion) in charges, it said on Thursday, as the dour outlook for energy prices forced […]
India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt-hour (MWh) this year, 14 percent cheaper than coal-fired power that has traditionally been the cheapest source of power generation, WoodMac said. LCOE comprises the cost of generating a megawatt-hour (MWh) of electricity, the upfront capital and development cost and the […]