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storage capacity

UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021

UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […]

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Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects

Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […]

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Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot

Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […]

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BPE Launches Nrgx 5000 UPS with Li-ion Battery EXL Series

Noida based Best Power Equipments (BPE) has launched its latest model Nrgx 5000 UPS with Li-ion Battery (ESS – Energy Storage Solution) for both home & small businesses. The company says that the product is a robust UPS that covers all aspects of home, office and small businesses’ power needs. BPE says products will be […]

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“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy

The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […]

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L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat

Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […]

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Sungrow Joins EP100 Promising Higher Energy Productivity

After RE100, which focused on signing up firms to commit to renewable energy use, the climate group has come out with the EP100, which is focused on energy productivity. And who better to sign up for that other than inverter solution major Sungrow, which has an installed global capacity of almost 225 GW now. Sungrow, […]

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Technip Collaborates with Greenko for Green Hydrogen Projects in India

Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […]

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Natural Battery Technologies Develops Long Range Batteries

The evolving EV opportunity continues to throw up more and more startups with ambitious plans. The latest is Jaipur based Natural Battery Technologies, a Lithium-Ion Battery manufacturers in India, is actively developing high performance batteries with increased safety parameters. The firm claims that its battery packs are weather proof and made of strong external closures. […]

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