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energy storage

Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity

US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […]

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RUMSL Issues Tender for 750 MW Wind-Solar Hybrid Power Projects

Rewa Ultra Mega Solar Limited (RUMSL) has issued a tender for the development of 750 MW wind-solar hybrid power projects in Madhya Pradesh. This project will be on a BOO basis (Build Own Operate) basis. Developers may also add storage capacity. The last date for submission of bids is November 17, 2023. Bids open on […]

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REI 2023-5 things to Watch Out For This Year

This year’s Renewable Energy Expo at Greater Noida starts tomorrow, October 4, and as always, anticipation is high this year too. The Expo will be the 16th edition this year, and the teens promise to be its most active years yet. With over 200 exhibitors listed on the site, besides the concurrent The Battery Show […]

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StoreDot in Strategic Collaboration with Volvo Cars for EV Cells

StoreDot, which delves into extreme fast charging (XFC) battery technology for electric vehicles, has signed a ]multi-year agreement with Volvo Cars to develop an optimized battery for next generation Volvo cars. The collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and […]

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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Solar Power Costs Dipped 87% Globally In Last 10 Years: Study

A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period.  The recent innovation in […]

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PFC Issues Tender for Solar Power Developers for 1250 MW Solar Projects

PFC Consulting Limited, a wholly owned subsidiary of PFC Limited, a Maharatna company, under Ministry of Power, has issued a tender for the selection of solar power developers for setting up of 1250 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding under the scheme for flexibility in generation and scheduling of […]

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RE+ Las Vegas- Solar Shines Brightest In the US

At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […]

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