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energy storage

GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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Sungrow Moves Ahead On 291MWh BESS Project In South Australia

Sungrow, the leading PV inverter and energy storage system supplier, was awarded notice to proceed (NTP) from ZEN Energy for the commencement of the 111MW/291MWh Templer’s Battery Energy Storage System (BESS) project in South Australia. The project was planned in partnership with ZEN Energy as the client and Shanxi Electric Power Construction (SEPC) as the […]

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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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NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions

NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy)  Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid.  The prices discovered by NTPC […]

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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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Solis Celebrates Ninth Consecutive EUPD Top Brand PV Award

Ginlong (Solis) Technologies, one of the most experienced and the third largest inverter manufacturers in the world, has announced that it has been awarded the prestigious seal of recognition for ‘Top PV Inverter Brand’ in the Netherlands by global market research organisation, EUPD.  The award marks the 9th consecutive year that Solis has been privileged […]

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UK-Based Statera Secures 670MW Contracts in Auctions

In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […]

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Gensol Commissions 10.6 MW Trident Solar Project In MP

Gensol Engineering, solar engineering, procurement, and construction (EPC) company has announced that it has started a 10.6 MW rooftop solar project for Trident group’s Budhni Textile Unit in Madhya Pradesh. According to press release by the company,  the project utilises nearly 20,000 545W Longi Hi-MO 5 Bifacial Dual Glass LR5-72HBD modules and is expected to […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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