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EBRD Finances Largest Private-to-Private Solar Plant in Jordan

EBRD will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to USD 35 million. The European Bank for Reconstruction and Development (EBRD) has announced that it will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to […]

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Focus on Energy Storage: The Technologies Leading the Charge

Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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HSCC Tenders for 10 MW Solar Plant Under RESCO Model at NCI Haryana

HSCC has issued a tender on behalf of AIIMS for setting up of a 10 MW solar plant at the National Cancer Institute (NCI), Haryana under the RESCO model. The Hospital Consultancy Corporation Ltd. (HSCC) has issued a tender on behalf of the All India Institute for Medical Sciences (AIIMS) for setting up of a […]

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Tesla Introduces New Battery for Utility Scale Energy Storage

To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […]

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BHEL Tenders for Survey for Proposed 100 MW Floating Solar Plant at NTPC Ramagundam

BHEL has issued tender for conducting Geotechnical investigations and survey works of for the 100 MW floating solar power plant at NTPC Ramagundam BHEL has issued tender seeking bids from eligible parties for conducting Geotechnical investigations and Bathymeric survey works of the water body for the company’s proposed project site for the 100 MW floating solar […]

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