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solar and storage

Delta Flaunts EV Chargers, Green Solutions At Elecrama

A power management and green energy solutions company Delta is now flaunting its Electric Vehicle (EV) sharing solutions and other green energy solutions at the ongoing Elecrama. Across the Delta booth, visitors will engage on a journey with a live demonstration of intelligent infrastructure across Industrial Automation, EV Charging, Smart Building Automation Solutions, Data Centers, […]

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India Proposed Renewable Energy Financing Obligation (REFO)

The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […]

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FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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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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