SUBSCRIBE NEWS LETTER

solar and storage

Biden Invests $366 Mn To Lower Energy Cost In Remote Communities

US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […]

Read more

Quantum Energy Partners With BatterySmart For 2-3 Wheeler EV Charging

Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […]

Read more

Conference on Distributed Renewable Energy for Sustainable Development

Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […]

Read more

Vestas Secures 153 MW Wind Energy Order In US

Renewable energy company Vestas received a 153 MW order to power an undisclosed wind project in the USA. The order consists of 34 V150-4.5 MW wind turbines. The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimized performance […]

Read more

JSW Receives LOA For 700 MW ISTS-Connected Project From SJVN

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar power projects. Following the award of 700 MW capacity from SJVN Ltd, […]

Read more

US Energy Dept Issues Letter Of Intent For Funding CSP Deployment

US department of energy (DOE) recently shared its intention to fund solar concentrator project with a potential funding of upto $30 million for research, development.  The Solar Energy Technologies Office (SETO) made a fund opportunity announcement (FOA) in its notification for “Concentrating Solar Flux to Heat and Power.” The letter mentioned, “This project is estimated to […]

Read more

MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

Read more

US At Risk Of Falling Behind RE Target Post-IRA: Report

A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […]

Read more

Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll