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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh

Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […]

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AGEL Commissions 150 MW Solar Plant at Kutchh, Ahead of Schedule

Adani Solar Energy Kutchh One Limited, a step-down subsidiary of AGEL has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Adani Solar Energy Kutchh One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 150 MWac solar power plant in Kutchh, Gujarat.  Despite all the challenges of global pandemic […]

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Kia Introduces Future Brand Ambition, Announces Release of First BEVs

Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […]

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Taaleri SolarWind II Fund Invests in two Wind Farms in Poland Worth 51.4 MW

Taaleri SolarWind II fund invests in two ready-to-build wind farms in Poland with a combined capacity of 51.4 MW The Taaleri SolarWind II fund has, together with Masdar, one of the world’s leading renewable energy companies, acquired 100% ownership of the Mlawa and Grajewo wind farms. The wind farms are located in Northern Poland in […]

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e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech

e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion […]

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Siemens Gamesa Secures Another Order for 100 MW with Hanbaram Wind Power in Vietnam

Siemens Gamesa and its EPC partner SEPEC-China Energy have secured a 100 MW onshore order with Vietnamese independent power producer Hanbaram Wind Power JSC, a second order following a recent maiden 117 MW order as the local developer expands its renewables portfolio to meet booming national demand. Located in Gia Lai province, the Hung Hai […]

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PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule

The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […]

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