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Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage

In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […]

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Husk Power Signs MoU With Nigeria To Deploy 250MW Of DRE Solutions

In a Memorandum of Understanding (MoU) signed today, the Rural Electrification Agency (REA) of Nigeria and Husk Power Systems (Husk) agreed on a partnership to deploy up to 250MW of decentralized renewable energy (DRE) projects in support of the Federal Government’s energy access, energy transition and energy security targets. The partnership will focus on a […]

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Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi

Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […]

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Stonepeak, CHC Form Japanese Battery Energy Storage Platform

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […]

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TI Clean Mobility Gets Rs 580 Crore To Expand Green Solutions

Tube Investments of India Limited subsidiary TI Clean Mobility Private Limited has signed final agreements with South Asia Growth Invest III LLC and South Asia EBT Trust III to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares. According to a statement by TI Clean Mobility, TICMPL, expected to raise […]

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Megha Engg. Bags 2000 MW Pumped Storage Project

Hyderabad based infrastructure firm Megha Engineering and Infrastructure (MEIL) has been awarded the 2,000-megawatt Sharavathi pumped storage power project in Karnataka. The project, which is set to be the largest pump storage power generation unit in the country, is estimated to cost over Rs 8,000 crore and play a key role in Karnataka’s energy future. […]

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Growatt Puts Spotlight On Solar Plus Energy Storage For Myanmar

Leading inverter maker Growatt hosted an event in Myanmar recently centered on solar energy storage. With a comprehensive showcase of Growatt’s latest advancements across residential and commercial sectors , Growatt emphasized its tailored solar solutions for Myanmar. However, with abundant solar resources, Myanmar has been actively embracing solar energy solutions to tackle the challenges and […]

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Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand

After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […]

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Trina Storage & Pacific Green Sign Letter of Intent of 1500 MWh

Trina Storage and Pacific Green have signed a letter of intent relating to 1,500 MWh integrated energy storage solutions at the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies. Under the agreement Trina Storage and Pacific Green will […]

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