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A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […]
Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […]
NTPC Group has crossed the 300 Billion Units (BU) generation mark in FY 2024-25. It crossed the 300 BU generation mark on December 18, 2023 (FY 2023-24), a full 10 days faster than it did last year. While NTPC has an installed capacity of 76.5 GW, over 29.5 GW of capacity, including 9.6 GW of […]
Responsibilities:- System Design & Engineering:- Review load profiles and engineer Battery Energy Storage Systems (BESS) to meet project goals. Design, select, and size battery systems, optimizing parameters for performance. Utilize simulation tools (e.g., MATLAB, Homer) for battery system sizing and performance modeling. Technical Expertise:- Deep understanding of BESS design, battery chemistry, performance modeling, and lifetime […]
Key Responsibilities: Financial Modelling and Valuation:- Develop and maintain financial models (including P&L, balance sheet, cash flow, valuation) for infrastructure projects, preferably Power and Renewable Energy sector Forecast future financial statements, understanding of Capex / Opex, and analyze project returns and profitability (NPV, IRR, ROI). Evaluate project feasibility through scenario analysis, sensitivity analysis, and risk […]
Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme. Union Minister for Heavy Industries and Steel HD […]
Powergrid recently released a tender to develop a transmission and distribution pilot project. The tender provides Package GH2-01 for the establishment of a solar PV-powered Green Hydrogen plant and a fuel cell-based microgrid pilot project. This project is located at the 400/220/33kV Neemrana substation in Rajasthan and includes Operation and Management (O&M) for 10 years. […]
Renewable energy is a trending topic in the energy world, and solar energy has emerged as the leading source of green power so far. While various technologies have evolved and are being used to harness infinite solar power, concentrated solar power (CSP) is among the most widely used technologies worldwide, especially in regions with high […]
India added 30 GW to its installed base (net basis) in the past 12 months, of which 75% was renewables, according to the latest data released in the SBI Caps report. Renewable energy has made notable progress recently, driven by fresh wind additions and a surge in energy storage system (ESS) tenders, as noted in […]
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