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energy storage

SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance

SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […]

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Waaree Energies Recognized In RETC PV Benchmarking Report

Indian solar module manufacturer Waaree Energies Limited today announced its inclusion in the RETC PV Benchmarking Report 2024. The company said that it was only Indian solar panel manufacturer included in this report. Waaree Energies Limited has been rated as the overall highest achiever in the PVMI Report 2024. This award has been presented during […]

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SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours)

The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […]

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NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project

NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […]

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Eastman Auto Sets Sights On Rooftop Solar, Last Mile Mobility With Key Leadership Changes

Eastman Auto & Power Ltd. has announced key additions to its leadership team at Elevate, Eastman’s leadership meet. The event marked a milestone as the newly strengthened senior leadership of the company came together to collaborate, innovate and further accelerate Eastman’s journey towards its future as a leader in Last Mile E-mobility Solutions and Solar […]

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Clean Electric Secures $6 Million Funding To Accelerate EV Adoption

Clean Electric, an Indian developer specializing in rapid fast-charging battery technology for electric vehicles and long-life grid battery solutions, has raised $6 million in Series A funding.  The funding round was co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other strategic investors. The investment is expected tol […]

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NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS

NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024.  As per the NTPC Vidyut Vyapar Nigam […]

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REI 2024 To Be Bigger Than Ever With a Strong Domestic Presence: Julian Thomas

Can you provide an overview of what attendees can expect at REI Expo 2024 and how it differs from previous editions? The REI Expo aligns with national and international renewable energy goals, supporting government initiatives aimed at increasing the share of renewables in the energy mix and achieving sustainability targets. The Expo brings together stakeholders […]

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candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood

How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […]

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