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renewable energy

Torrent Power Wins 2000 MW Energy Storage Contract From MSEDCL

Torrent Power Ltd has won a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000 MW energy storage capacity from Torrent Power’s InSTS Connected Pumped Hydro Storage Plant in Maharashtra. Of the 2,000 MW energy storage contract, 1,500 MW had been confirmed earlier by Torrent Power through an […]

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India Needs To Triple Wind Energy Power By 2027: EMBER Report

India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […]

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Green Stocks Oct 7: Red Monday For Green Energy Stocks

On a day when the broader market continued to slide, continuing from the losses suffered last week, the small-cap and midcap space, where a majority of green energy stocks reside, suffered heavy losses. That is evident when you see names like Waaree RTL, Shakti Pimps, and SWREL hit the lower circuits. Even heavyweights Tata Power, […]

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Top 5: Battery Energy Storage Projects Commissioned in India

Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […]

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US Energy Storage Surges With Second-Highest Quarterly Record

The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […]

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Google In Deals With Adani, Cleanmax For Clean Energy Deals In India

In a busy week for Google in India, the global search and web giant inked agreements with the Adani Group as well as Cleanmax Enviro for supply of green energy to power operations here. Google Adani Tie-Up For Khavda Energy The Adani Group and Google are collaborating to further reduce Google’s carbon footprint. Under the […]

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IRENA Report On Renewable Jobs Claims 18% Jump In 2023

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […]

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Avaada Announces ₹1L-cr Investment In Rajasthan’s Energy Transition

Indian renewable energy company Avaada Group has unveiled its ambitious plan to invest ₹1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its footprint in Rajasthan’s vast arid land. In a step forward, […]

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RERC Notifies Draft Green Energy Open Access Regulations 2024

Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […]

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