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energy storage

The Firms Reliance Bet On For Storage and Cell Manufacturing

One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […]

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Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project

Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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President Murmu Unveils EV Yatra Portal App On Energy Conservation Day

An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation Day, the President will also present awards to the recipients […]

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EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World

Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […]

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KREDL Floats Tender for 2 MW Solar Plant with 4.5 MW Storage System

Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) for the supply of a 2 MW (AC) Solar PV Power Plant (2.2 MWp DC) with 4.5 MWh Battery Energy Storage System having 12 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for […]

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MSEDCL Discovers Price of Rs 9.0/kWh in 250 MW Solar with Storage Tender

The 250 MW solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded Ayana Renewables Power Private Limited (ARPPL) and NTPC Renewable Energy as the winners. MSEDCL’s decided opening tariff was 9.65/kWh, while the awarded capacity tariff was 9.0/kWh. Ayana Renewables Power Private Ltd (ARPPL) and NTPC Renewable Energy, both […]

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Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast

Invenergy California Offshore has announced that it has been named provisional winner for 80,418 acres of seabed for offshore wind development by the U.S. Bureau of Ocean Energy Management (BOEM). Invenergy California Offshore is a subsidiary of Invenergy, that claims to be a leading developer, owner, and operator of sustainable energy solutions. Invenergy held that […]

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