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energy storage

Balance Power 40MW Battery Project Gets Planning Approval in UK

United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […]

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Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023

Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […]

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Utility-Scale Solar Power Additions May Double In 2024: EIA Report

A latest report from the Energy Information Agency (EIA) on the preliminary monthly electric generator inventory shared the developers’ and power plant owners’ plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024.  The EIA report found that 55% more capacity would be added than the 40.4 GW added in 2023 (the […]

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Onyx Renewables, Qcells Ink Deal For RE Projects in Massachusetts

US-based clean energy and decarbonization solutions provider Onyx Renewable Partners and clean energy solutions firm Qcells North America have announced plans to develop two community solar and battery projects in Massachusetts, United States. According to Onyx, the projects developed by Onyx have a total of 6.2 megawatts (MW) – 3.3 MW provided by Qcells – […]

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Selling Solar To India: The 5 Challenges To Overcome

The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […]

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Solar Thermal Technologies In Focus At Conference Backed By MNRE, NSEFI

New Delhi hosted the International Conference on Solar Thermal Technologies on Feb 12 and 13. Organised by the Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI), the conference focused on ways to integrate Solar Thermal and Concentrated Solar Power (CSP) storage with Renewable Technologies. Driven by dropping costs and […]

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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand

Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […]

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SOFAR Showcases Its Latest Offering For Polish Market At ENEX

SOFAR, a global Photovoltaic (PV) and energy storage system, ESS solutions provider showcased its latest innovations in renewable residential, Commercial and Industrial (C&I) and utility segments at ENEX an association of the commercial TV broadcasters, to further expand the company’s influence in the Polish market. In Poland, the growth of energy storage remains prominent in […]

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