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Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology

QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […]

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Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November

Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […]

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Tata Motors Delivers Nexon EVs to Haryana Renewable Agency

Tata Motors has partnered with the Haryana Renewable Agency to deploy Nexon EVs in the state, as a part of its tender with the EESL. Tata Motors has announced that out has partnered with the Haryana Renewable Agency (HAREDA) to deploy Nexon EVs in the state of Haryana, as a part of its tender with […]

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India has Moved From Being Power Deficit to Surplus: RK Singh

Union Power Minister RK Singh had said that India has moved from being power deficit to become power surplus during the Narendra Modi regime At a recent Memorandum of Understanding (MoU) signing between the J&K government and NHPC for the implementation of 5 power projects (hydropower) in the Union Territory, Union Power Minister RK Singh had said […]

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EESL Plans to Install 500 More EV Charging Stations in FY21

“EESL is striding towards installing at least 500 chargers by the end of the financial year,” said Rajat Sud, EESL Managing Director. The joint venture of PSUs under the Ministry of Power, the Energy Efficiency Services Limited (EESL) has proclaimed to install at least 500 more electric vehicle (EV) charging stations in the country during […]

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Adani Green Energy Commissions 100 MW Solar Plant in Gujarat

Adani Solar Energy Kutchh Two, a subsidiary of Adani Green Energy AGEL has commissioned a 100 MW solar power project at Khirsara, Gujarat. Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 100 MW ac solar power project at Khirsara, Gujarat, ahead of its scheduled […]

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ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan

ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […]

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Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore

Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […]

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Nexus Renewables to Deploy 27MW/108MWh BTM Battery Energy Storage in California

Nexus Renewables U.S. Inc. is pleased to announce an agreement with Pacific Gas and Electric Company (PG&E) whereby Nexus Renewables will service 100+MWh of Resource Adequacy needs in Northern and Central California through a fleet of behind-the-meter energy storage resources. Nexus Renewables’ energy storage fleet will serve three primary goals under a 15-year power purchase agreement (PPA) […]

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