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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage

US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […]

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […]

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US Invests $44 Million In Grid Connected Renewable Energy Projects

The US Department of Energy (DOE) has announced the selection of eleven projects to receive $34 million for tools to advance a clean, reliable electricity grid run on wind and solar energy. DOE also announced a new $10 million funding to streamline the interconnection of clean energy to the grid. Together, these initiatives are estimated […]

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UK Invests £400K For National Grid Innovation Projects Under Ofgem Fund

National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative […]

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MSPGCL Invites Bids To Manufacture & Supply 750 MW PV Modules

Maharashtra State Power Generation Company Ltd. (MSPGCL) invited online bids to manufacture and supply solar PV modules of 750 MWp capacity. It invited bids for solar power projects under the MSKVY 2.0 scheme in Maharashtra under local competitive bidding from prospective bidders. MSPGCL invited online bids to manufacture and supply solar PV Modules for Solar […]

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Maersk Partners With Edison Chouest For US Offshore Wind Farm

Maersk Supply Service will partner with Edison Chouest Offshore (ECO) for the construction and operation of a wind farm feeder concept specifically designed for Maersk Supply Service’s next-generation Wind Installation Vessel in the United States. Maersk Supply Service looks to enable the steady transfer of turbine components at sea to accelerate the rollout of offshore […]

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JSW Receives LoA For 500 MW Wind Project From SECI

JSW has announced that it has received a letter of award for 500 MW wind capacity from SECI. JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, received the award (LoA) for an additional 500 MW of wind capacity. JSW received this award under the greenshoe option for the SECI wind power […]

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Responsible Renewable Energy Summit focuses on social good, circularity & ecological aspects of RE expansion in India

To foster dialogue about India’s rapidly advancing renewable energy landscape, the Responsible Energy Initiative convened its annual “Responsible Renewable Energy Summit 2024,” in New Delhi. The event drew active engagement from senior government officials, stakeholders in the renewable energy sector, investors, intellectuals, policymakers, research institutions, and energy specialists. The event was organised by Responsible Energy […]

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