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USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit

The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […]

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Five Indian States Take 87% Of PM-KUSUM Benefits

Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme.  The statistics up to June 30, 2023, claimed that India installed […]

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Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China

The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […]

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Thermal Energy Accounted For 76% Of India’s Electricity Generation

The latest renewable energy generation report from the Central Electricity Authority (CEA) for June claimed that renewable energy generation improved in the month.  The data claimed that by the end of June 30, India had a total installed capacity of 176,242 MW (including large hydro). In contrast, the total energy generation from renewable sources during the month […]

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With Recent Project Additions, Juniper Green Energy Exceeds 1.2 GW Renewable Capacity

Juniper Green Energy, an independent renewable energy power producer and operator of solar, wind and hybrid power projects, has crossed 1.2 GW of renewable energy capacity with the recent PPAs/ LOAs secured in the last few months. Projects Won Through Competitive Bidding The firm has been recently awarded 190 MW of wind capacity from GUVNL […]

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SECI Issues Tender For 1500 MW of Firm and Dispatchable RE Power

The Solar Energy Corporation of India (SECI) has now issued a tender seeking bids from renewable energy developers to add 1500 MW of new firm and dispatchable renewable power. This project has been planned for Inter-State Transmission System (ISTS)-connected renewable projects that could be situated anywhere in India. The central agency has sought this tender in a […]

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Sikkim, Himachal, Chandigarh Top Performers In RPO Compliances

A latest data from the Ministry of Power claimed that Sikkim, Himachal Pradesh, Chandigarh and Uttarakhand emerged as the best performing states in terms of their compliances towards Renewable Purchase Obligations (RPOs). The data was shared today by Union Minister of Power RK Singh today before the Lok Sabha. According to the data shared by […]

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China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities

China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation.  This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […]

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