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solar energy system

500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie

UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […]

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UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […]

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NTPC Ltd Issues Tender For 1150 MW Grid Connected Solar PV Project Across Cuba

National Thermal Power Corporation Limited (NTPC) has floated a tender for 1150 MW grid-connected solar power generating capacity across 175 locations and 150 MW/150 MWh BESS at three locations in the Republic of Cuba. The last date for submitting the bid of this Republic of Cuba tender is September 28, 2022, till 17:30 Hrs (IST) […]

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NLC India Floats 500MW Solar Tender (ISTS-Connected) On Pan-India Basis

Neyveli Lignite Corporation Limited (NLC) India has invited bids for the setting up of 500 MW ISTS connected Solar Power Project on pan-India basis.  The last date for submitting the bid for this 500 MW solar power project is August 24, 2022, and bids will be opened on the same day. NLC India (Neyveli Lignite […]

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Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam

NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […]

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Octopus Energy Group Raises Fresh Funds Totaling $550 million

In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […]

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Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat

Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […]

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Trina Solar Passes 8GW Solar Module Shipment Milestone For India

Trina Solar has shipped more than 8GW of solar modules to India since 2010, supplying to PV projects in all three segments of residential, commercial and industrial and utility. “Solar modules for commercial and industrial (C&I) businesses accounted for 60% of Trina Solar’s shipments to India last year and in 2022’s first quarter, while about […]

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