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Green Stocks Sept 3: Suzlon Energy Stock Prices Up

On a day when Indian solar cell and solar module manufacturer Premier Energies entered the stock market, most of the green companies reported positive growth. The highest growth was seen by Suzlon Energy which reported a growth of 0.96%. Company name Closing Price On Sept 2 Closing Price on Sept 3 Change % Borosil Renewables […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries

The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […]

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NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects

JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […]

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Iron Air battery Maker Form Energy To Build 8500MWh Battery In US

US based Ion Air battery firm Form Energy,  is progressing on plans to convert the former pulp and paper mill in Lincoln, Maine, into one of the largest battery facilities in the world feeding up to 85 MW of power into the grid at a time. Form Energy’s battery project will take comparatively less time […]

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A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER

A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […]

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India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL

CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […]

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