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solar and storage

Gensol Unlocks Rs. 350 Cr Deal For Scorpius’ US Subsidiary

Gensol Engineering Limited has signed a non-binding Term Sheet for a Rs. 350 crore transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a Renewable Energy Solutions provider in the US. The deal includes transferring exclusive and global Intellectual Property (IP) rights (except India) for Scorpius Trackers’ solar tracking technology. Gensol had […]

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SJVN Floats 375 MW/1500 MWh BESS Tender For UP Project

SJVN has recently issued a tender seeking bids from developers to build a 375 MW/1500 MWh standalone Battery Energy Storage System (BESS) in Uttar Pradesh. The tender also offers Viability Gap Funding (VGF) under Tariff-Based Competitive Bidding (TBCB) on a Build-Own-Operate (BOO) basis. SJVN is accepting bids until March 28, 2025. The project aims to […]

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IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […]

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Hoymiles Appoints Sun Solista As India Authorised Distributor

Hoymiles, a global leader in smart solar solutions, has announces the appointment of Delhi-based Sun Solista as its new Authorized Distributor for India. This strategic partnership marks a significant milestone in Hoymiles’ mission to expand access to cutting-edge solar technology across the country, empowering businesses and homeowners with efficient, reliable, and sustainable energy solutions. With […]

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France’s EDF In Separate Deals with NTPC, Coal India For PSP, Renewable Projects

It’s been a busy weekend for French Energy major EDF in India, as the French government backed utility signed agreements with NTPC Limited, a Maharatna company of India to  develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and […]

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BESS Deployments In January Over 13 GWh Globally With 94% YoY Rise

January 2025 proved to be the strongest first month on record for the expanding energy storage market. Over 13 GWh of storage entered operation in the grid market across 81 projects, marking a year-on-year increase of 94%. It also shared an update on the Battery Energy Storage System (BESS) deployment during this period. Rho Motion […]

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NHPC REL Seeks Developer For 19.2 MW RESCO Project In Haryana

NHPC, on behalf of its subsidiary NHPC Renewable Energy Limited (NHPC REL), has issued a tender for the construction of a rooftop solar project. NHPC REL will be the rooftop solar developer (RTD) of the RESCO project and will also be the Project Management Consultant (PMC) for the project. NHPC REL has set March 24 […]

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Transition VC Invests $1.7M In Dynolt For Clean Energy Solutions

Dynolt Technologies, a deep-tech power electronics startup, has secured $1.7 million in a seed funding round led by Transition VC. The round also saw participation from angel investor, Yashovardhan Shah. Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. Backed […]

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EPointZero, TotalEnergies Partner To Support Africa & Asia Market

Abu Dhabi Future Energy Company PJSC—Masdar, a UAE-based clean energy company, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement. This agreement aims to increase access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement follows the UAE President […]

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