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battery storage

Indian Solar Firms Bank On Cricket To Popularise Renewables

Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […]

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Toyota, Panasonic Form Primearth For Mass Production Of EV Batteries

Toyota Motor Corporation plans to mass-produce diverse EV batteries by making  Primearth EV Energy Co., Ltd. (PEVE) with Panasonic Holdings Corporation a wholly owned subsidiary to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March.  Toyota Motor Corporation has agreed with Panasonic Holdings Corporation (Panasonic HD) to […]

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UK-Based Hive Energy Acquires 272 MW Polish Project

UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […]

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Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […]

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Australian Energy Firms AGL, Someva Renewables Form JV To Develop Green Energy Park

Australian Energy company AGL and renewable energy developer Someva Renewables have today announced a Joint Venture (JV) to develop Pottinger Energy Park, which is expected to consist of a 1.2 GW wind farm, 300 MW solar farm, and 500 MW / 2000 MWh battery energy storage system (BESS). The proposed Pottinger Energy Park is located […]

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DERC Releases Peer-To-Peer Guideline For RE With 200 kW Load

The Delhi Electricity Regulatory Commission (DERC) recently notified a peer-to-peer energy transaction guidelines, 2024. They were released to promote the use of renewable energy, embed generation within the distribution network, and create an additional avenue of income for prosumers. The policy set guidelines for peer-to-peer metering arrangements having less than or equal to 200 kW […]

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Vestas Secures 153 MW Wind Energy Order In US

Renewable energy company Vestas received a 153 MW order to power an undisclosed wind project in the USA. The order consists of 34 V150-4.5 MW wind turbines. The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimized performance […]

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JSW Receives LOA For 700 MW ISTS-Connected Project From SJVN

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar power projects. Following the award of 700 MW capacity from SJVN Ltd, […]

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MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

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