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Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY

The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […]

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Wind Energy Takes Centre Stage at COP28

COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts.  1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […]

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India Joins Battery Storage Consortium To Boost BESS Deployment

India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […]

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Waaree Technologies In MoU With 3DBattery For Advanced Energy Storage Solutions

Waaree Technologies Ltd. (WTL), the energy storage division of the Waaree Group, has announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive […]

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SECI Issues RFS for 1 GW Firm & Dispatchable Renewable Energy

The Solar Energy Corporation of India (SECI) has issued a tender for the selection of renewable energy developers for the supply of 1000 MW firm and dispatchable power from ISTS connected renewable energy (RE) power projects in India, under tariff-based competitive bidding (SECI-FDRE-V) on Build-Own-Operate (BOO) basis. Land and connectivity shall be in the scope […]

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Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It […]

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Odisha Plans To Boost Solar-Based Cold Storages, Issues Tender

The Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking developers to commence 38 solar cold storages in different parts of the state. As per the tender details, each solar-powered cold storage should have a capacity of around 10 Metric Tonnes (MT).  OREDA asked the interested parties to submit their bids online by December 20 […]

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With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA

The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […]

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Tata Power Receives First Set of BESS for 120 MW Energy Project

Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […]

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