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EEW Partners With Grupo COBRA Australia To Develop 200 MWdc Solar Farm & 50MW BESS

EEW Eco Energy World, an independent renewable energy projects developer, has announced a partnership to develop a 200 MWdc solar PV farm plus a 50 MW BESS (battery energy storage system) project with Grupo COBRA, an industrial and energy services group. The project, located in Queensland, Australia, is set to reach ready-to-build status within 2024. […]

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Atlas Renewable Energy To Develop 200 MW Installed Capacity Chilean BESS

Atlas Renewable Energy has announced signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years. According to Atlas Renewable Energy, BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, […]

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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […]

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IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL

Mumbai-based IndiGrid, an Indian power sector infrastructure investment trust (InvIT), recently announced that it has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL). IndiGrid received this letter to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage System project (BESS) in Gujarat. […]

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Gensol Wins GUVNL’s 70 MW (140 MWh) BESS Project Worth 450 Cr.

Gensol Engineering Ltd., which provides EPC services and promoted Blusmart in the electric mobility sector, has emerged as L1 bidder for 70 MW / 140 MWh out of 250 MW/500 MWh standalone Battery Energy Storage Systems (BESS) project. It attained this project from Gujarat Urja Vikas Nigam Limited (GUVNL)  This project is to be developed […]

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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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PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis

CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […]

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