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IndiGrid InvIT Completes Rs 660 crore Acquisition Of Fotowatio’s India Solar Assets

IndiGrid, the Infrastructure investment trust (InvIT) has announced  the formal acquisition of the entire stake in two solar energy assets with cumulative capacity of 100 MW from Spanish developer Fotowatio Renewable Ventures (FRV) at an enterprise value of Rs 660 crore. The firm had actually made a regulatory filing on these back in December 2020. […]

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Tata Power & US firm AutoGrid to Deploy Smart Energy Management System in Delhi

Tata Power Delhi Distribution Limited is partnering with California-based AutoGrid to deploy artificial intelligence based smart energy management system in Delhi. The two companies are jointly launching a behavioural demand response program for the former’s residential customers to reduce peak demand and network capital costs. This pilot project aims to empower customers, by helping them […]

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Smart Grid Cell to be Set Up in Telangana, says State Regulator

The Telangana State Electricity Regulatory Commission (TSERC) has issued a notification for implementing the TSERC (Smart Grid) Regulation, 2021, to be enforced from the date of its publication in the Telangana Gazette. A smart grid is an electrical grid with automation, communication and IT systems that can monitor power flows from points of generation to […]

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Eco Power Wins Grant from Innovate UK for Micro-grid Project in Thailand

Eco Wave Power Gibraltar, a subsidiary of leading global wave energy developer Eco Wave Power, has announced the approval of a grant project budget of 296,787 GBP by Innovate UK, the UK’s innovation agency. The grant is provided as part of the Energy Catalyst Round 8: Clean Energy, an experimental development competition for a project […]

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Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone

Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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Policy, Finance & Grid Vital to Achieve India’s Ambitious Climate Goals

With a global effort towards a transition to clean energy already underway, India has set ambitious targets for itself — 450 GW renewables capacity to be created by 2030. Despite the country’s many achievements in the last 5 years in the renewables sector, which have resulted in its having the world’s 5th largest solar and […]

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ISGF Report Supports Interlinking of Grids in GCC, SAARC & ASEAN area

A new report entitled ‘Interconnection of Regional Grids of ASEAN, SAARC/BIMSTEC and GCC Regions’, released by India Smart Grid Forum (ISGF), argues that myriad benefits are to be gained from interconnecting smaller power systems — the GCC, SAARC/BIMSTEC and ASEAN region in particular — to form a large power pool or regional grid in terms of […]

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Huawei At SNEC- Off Grid Solutions, Mytileneos Tie-Up and More

Huawei, always a towering presence at SNEC Shanghai as the largest inverter seller in the world, has marked the 2021 edition with a slew of announcements and launches. Doing the honors early was Peng Jianhua, President of Site Power Facility, Huawei Digital Power Technologies Co., Ltd. He released the full series of comprehensive off-grid fuel […]

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