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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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Sungrow Bags 100% Bankability for a Second Year From BNEF

Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […]

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […]

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Gadkari Promotes Pilot Electric Buses Projects With Private Investments

Nitin Gadkari recently promoted a pilot project to run electric buses with private investment, stating that if anyone is ready to invest in India, we can give him a pilot project for a city, where they can run their buses on electricity. Union Road Transport and Highways Minister Nitin Gadkari recently promoted a pilot project to run electric buses with private investment. […]

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Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW

Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […]

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Britishvolt Announces new Partners & Project Director for Gigaplant

Britishvolt has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest […]

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Seraphim inks 150 MW Module Supply Agreement With Raystech at SNEC 2020

Seraphim has entered into a 150 MW photovoltaic module supply agreement with Raystech Group at SNEC 2020 in Shanghai. Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar product manufacturers, entered into a 150 MW photovoltaic module supply agreement with Raystech Group at the SNEC PV POWER EXPO 2020 in Shanghai. Raytech is […]

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Mercedes-Benz and CATL Expand Partnership on EV Battery Technology

Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […]

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Tesla and PG&E Break Ground on 182.5 MW BESS System in California

Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […]

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