The North East is a step closer to sourcing and selling its own energy, with the set-up of a community energy network. Following on from Yackandanah’s pilot program involving a “mini-grid” of homes in the town, the network is setting up a system to allow other communities to generate electricity themselves using a solar and […]

NEW DELHI: Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government saying such sale violates extant policy and hurts interest of domestic power consumers. The lobby group, whose members include Tata Power, Reliance Power and Adani Power, asked the government to issue a […]

LONDON—Royal Dutch Shell PLC is on a spree of small but strategic acquisitions in an area oil companies have long avoided: the power sector. In the past few months, the British-Dutch oil giant bought a utility, an electric-car charging business and a stake in a solar-power company, part of a broader long-term plan to marry […]

TOKYO: SoftBank Group Corp Chief Executive Masayoshi Son announced on Wednesday a $200 billion solar power project in Saudi Arabia, which he described as “the world’s biggest solar power generation.” The project is in cooperation with the kingdom’s young and powerful Crown Prince Mohammed bin Salman, a partner in the SoftBank Vision Fund, set up […]

Coal and gas are facing a mounting threat to their position in the world’s electricity generation mix, as a result of the continuous decrease in cost not just for wind and solar technologies, but also for batteries. According to research from Bloomberg New Energy Finance (BNEF), fossil fuel power is facing an unprecedented challenge in […]