CAPEX

UK: BW ESS & Sungrow Operationalize 100MW/331MWh BESS Project

BW ESS and Sungrow announced the commercial operation of the 100MW/331MWh Bramley battery energy storage system (BESS).  Installed with Sungrow’s BESS 3-hour PowerTitan 2.0, the Bramley project can play a vital role in bolstering UK energy security and fortifying the resilience of the electricity system. The project is connected to the UK grid 132kV electric […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028

CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […]

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Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL

CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore  (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […]

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MNRE Amends Rules For Solar Mini-Grid Installations In Tribal Area

In a notification released on March 26, the Ministry of New and Renewable Energy (MNRE) amended the dedicated scheme aimed at electrification of unelectrified households belonging to Particularly Vulnerable Tribal Groups (PVTGs). This initiative was launched under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) on January 4th. According to the original notification […]

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US Makers Face Challenges From Cheap Chinese Solar Products: Report

A recent report by SEMA collation on the state of US PV solar manufacturing discussed the importance of developing a domestic solar manufacturing supply chain in the United States. The report discussed the steps required to reduce dependency on foreign sources, particularly China, and to strengthen the country’s position in clean energy. The report shared […]

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Shell Completes Acquisition Of Renewables Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […]

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Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW

Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them-  Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […]

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Decarbonisation to See $395 B Capex by 2030: Report

As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […]

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