Author: Chitrika Grover

NTPC-Ramagundam Invites Bids To Build 100MW/400MWh BESS

NTPC-Ramagundam in Telangana has issued a tender to build grid-connected 100MW/400MW Battery Energy Storage System (BESS). Through this tender, NTPC has planned to develop renewable energy solutions and support the same through energy storage. The deadline for bid submissions is set for November 6, 2024. The successful bidder will be responsible for developing, installing, and […]

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Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […]

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Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant

Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […]

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Bundelkhand Expressway To Become UP’s First Solar Expressway

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has taken the first step towards building the state’s first solar expressway. It recently released a tender seeking developers to undertake this project. “The Bundelkhand Expressway is set to become the first ‘Solar Expressway’ in Uttar Pradesh. This 296-km-long stretch will have solar panels installed on both […]

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Trinasolar, Kiwi Solar & Trilect Partner For Agrivoltaics Project In New Zealand

Trinasolar, a photovoltaic (PV) and energy storage solutions provider has joined forces with Kiwi Solar and Trilect to launch Waikato’s first-ever agrivoltaics project and marking Trinasolar’s third foray into dual use agricultural and solar farming in New Zealand. Set across 6.5 hectares of land, the new solar farm is equipped with 5,740 modules, featuring Trinasolar’s Vertex […]

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Anant Badjatya Becomes CEO Of SUN Mobility-IOCL JV

SUN Mobility-IOCL recently appointed Anant Badjatya as the new Chief Executive Officer (CEO) of its newly formed joint venture, Indofast Swap Energy Pvt. Ltd.  Anant Badjatya, former Chief Executive Officer (CEO) – SUN Mobility, has taken the reins of Indofast with immediate effect. This step follows the deal signed by IOCL and SUN Mobility in […]

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Green Stocks Oct 10: Shakti Pumps Lead The Chart

Among the listed green firms, Indore-based solar pump company Shakti Pumps today led the chart with the highest growth of 5 percent in its stock price. It was followed by Sterling & Wilson which reported a total surge of 4.99% in its stock priced, compared to its stock price yesterday. The companies which reported a […]

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MNRE To Fund Innovative Technologies Under PM Surya Ghar

To further support the development of innovative projects under PM Surya Ghar: Muft Bijli Yojna, the Ministry of New and Renewable Energy (MNRE) has issued latest guidelines laying down new norms under the ‘Innovative Projects’ component of the scheme. The objectives of the Innovative Projects for Rooftop Solar are: a. To identify and fund new […]

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Suzlon, Jindal Renewables Ink 400 MW Captive Wind Power Deal

Wind energy company Suzlon is set to harness the power of wind energy to decarbonize hard to abate steel sectors. The Pune-based company aims to harness the power of wind through its new 400 MW order from JSP Green Wind 1 Pvt. Ltd. (Special Purpose Vehicle – SPV of Jindal Renewables Power Private Limited). This […]

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