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solar capacity

Curbs On Banking Of Power Risks Hurting Renewable Producers

A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […]

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Danish Fund IFU To Invest $34 Million Into Cleanmax

In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an  aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […]

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5 MWh Vanadium Flow Battery Activated In UK By Invinity Energy

Invinity Energy Systems, the flow battery firm has joined developer Pivot Power (Part of EDF Renewables), to complete the storage component of the Energy Superhub Oxford (ESO) project. The project combines a 50 MWh lithium ion battery storage system (from Wartsila) with a 5 MWh vanadium flow battery from Invinity Energy. The lithium battery was […]

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PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading

India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […]

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Not Having A Central Net Metering And Subsidy Policy Is A Challenge

Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […]

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Norwegian Mfr FREYR Bags Off-take Deal to Deliver 31GWh Battery Cells in 5 Yrs

Norwegian clean energy storage developer FREYR Battery has executed its inaugural off-take agreement for at least 31 GWh of low-carbon battery cells with an undisclosed manufacturer and provider of energy storage systems (ESS), said an official statement recently. The two companies have agreed to jointly develop innovative technology solutions for the fast-growing global ESS market […]

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NHPC Planning Clean Energy Projects of 27 GW in 9 States, Nepal: CMD

State-owned NHPC has plans to set up new hydro and solar projects of more than 27,000 MW capacity in nine states and neighbouring country Nepal, the company’s CMD Abhay Kumar Singh has said. The new capacities would come up in Uttar Pradesh, Bihar, Odisha, Rajasthan, Tamil Nadu, Kerala, Maharashtra, Andhra Pradesh and Odisha, Singh told […]

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NTPC Receives Acknowledgement from UN for its commitment towards clean Energy

NTPC Ltd, India’s largest integrated energy company received a letter of appreciation from Ms. Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All and UN-Energy Co-Chair, for its efforts and commitments towards the process of Energy Compact. In the letter UN-Energy has acknowledged the commitment of NTPC towards clean energy and welcomed […]

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