storage

Telangana Targets 20 GW RE, Storage Capacity Additions By 2030

Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […]

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Su-Kam Power To Unveil 500 MW Lithium Plant In Himachal

Su-Kam Power Systems Ltd, a power solutions company is now gearing up to revolutionize the energy sector with its proposed 500MW Lithium Plant. Talking about the proposed plan of the company, the management of the firm said that new intervention is likely to add new feature to the cap of the energy firm. Business Head – […]

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US Election May Lead To Hike In BESS Costs By 10%: Report

The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […]

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60 GW Of PSP Projects Under Survey, Minister Tells Parliament

The latest update from the Ministry of New and Renewable Energy (MNRE) indicates that major pumped storage projects (PSPs) spread across nine states have a combined installed pumped storage potential of approximately 181.4 GW in the country. Parliamentary data shared by the Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, […]

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SolaX Power Announces 149.8mn USD Investment On Energy Storage

Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […]

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Reliance Set To Launch Its First Solar Gigafactory By FY25

Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […]

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Co-located Solar & BESS To Reduce Power Shortages: Report

A latest report from the India Energy Climate Center (IIEC) said that co-located solar and battery energy storage system (BESS) deployment can help India avoid the likely electricity shortages in the years to come.  The public policy think tank at the University of Berkeley, also stated in its report that due to the rapid electricity […]

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Rajasthan Set To Bring Guidelines To Expedite PSP Growth

The Rajasthan Electricity Regulatory Commission (RERC) in its latest order has allowed extension of time period for the state government authorities to frame guidelines for the growth of Pumped Storage Projects (PSPs) in the state. The order came to the fore when RVUNL (Rajasthan Urja Vikas Nigam Limited) & IT Service Limited moved the State […]

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Microtek Expects 20%-40% Market Share Under PM Surya Ghar

Indian solar inverter manufacturer Microtek has now pinned high hopes from the recently launched PM Surya Ghar: Muft Bijli Yojana. The firm which manufactures grid-connected solar inverters in the range from 1 kW to 100 kW sees a vault of new opportunities with the new scheme dedicated to the residential rooftop solar segment. In a […]

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