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Sterlite Power Commissions its Sixth Power Transmission Project in Brazil

Sterlite Power, a power transmission developer and solutions provider, has commissioned a transmission project in Brazil. The Marituba Transmission Project is the sixth power transmission project commissioned successfully by the firm in Brazil. Built with an investment of INR 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest […]

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Technical Assistant Project Manager

Tool Engineering is part of Engineering department in EBSC. This department has expertise in Engineering data analysis, technical documentation, Product/ Process Quality control, Business Process, Tooling design, Test systems, Enterprise Asset Management, ERP solutions and Project management, would support Vestas global strategies through process optimization, production support, test validation, cost control and E2E Project Management. […]

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India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […]

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EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding

EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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Govt Orders Modification of Tender Documents For ISTS Projects

The Ministry of Power, in its latest notice, ordered a revision of the Standard Bidding Documents for procurement of power under the Inter-State Transmission Services (ISTS), done through tariff-based competitive bidding (TBCB). These documents often comprise the Request for Proposal (RfP) and the Transmission Services Agreement (TSA). The ministry justified the new amendment by citing a […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back […]

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