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Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers?

Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […]

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Will 7.5 GW Green Energy Auction Be a Game-Changer for Philippines?

The Philippines’ Department of Energy (DOE) announced on Tuesday the successful completion of the 3rd Green Energy Auction (GEA-3), offering 7,500 megawatts (MW)—well above the 4,650 MW installation target. The auction aligns with President Ferdinand Marcos Jr.’s energy agenda, aimed at accelerating the shift to renewable energy (RE) and strengthening the country’s energy security and […]

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Sineng Electric Powered 661 MW Project Goes Live In AP

Sineng Electric, a solar and energy storage solutions providing company, has commissioned a 661MW (925MWp) solar project in Kurnool, Andhra Pradesh. Powered by Sineng’s solar energy solutions, the project has commenced commercial operations. It’s part of the 975MW hybrid renewable energy system developed by ArcelorMittal Nippon Steel India, which includes 661MW (925MWp) of solar power […]

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Waaree RTL Gets 40 MWh BESS Order From Continuum Green Energy

Waaree Renewable Technology (Warree RTL) has secured a Letter of Award (LOA) for an EPC work order for a 40 MWh battery storage system from Continuum Green Energy Limited. The company disclosed the project order size in a regulatory filing, which said, “The project order size is approximately INR 40 Cr.” Additionally, the company mentioned, […]

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Sineng Electric Commissions 50MW/200MWh Microgrid BESS

Sineng Electric has announced the commissioning of a 50MW/200MWh microgrid battery energy storage system (BESS). This source-grid-load-storage integrated project imposes stringent requirements for grid-forming energy storage solutions. As part of the 6.1 GW renewable energy base in Xinjiang, the microgrid project spans nearly 1,000 square kilometers. It operates across off-grid, grid-following, and grid-forming modes, featuring […]

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Australia Sees Record-Breaking Clean Energy Investment Since 2018

Clean Energy Council released its Q4 2024 Quarterly Clean Energy Investment Report, Large-Scale Renewable Generation and Storage, indicating that 2024 was best year for large-scale renewable energy investment in Australia since 2018. The island nation attracted about USD 9 billion in total capital investment in 2024. In total, 4346 MW of new generation capacity, worth […]

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Trentar Energy, KPIT in Tie-Up To Commercialise Sodium Ion Battery Technology

KPIT Technologies, a building mobility solutions provider, and Trentar Energy Solutions Pvt. Ltd., which caters to the electrical mobility and energy storage space recently collaborated on Sodium-Ion Battery Technology. Under this collaboration, KPIT plans to transfer its sodium-ion battery technology to Trentar Energy Solutions, to operationalize and commercialize it further. In Dec 2023, KPIT unveiled […]

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Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO

Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […]

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Gensol Q3-9 Month Revenues Up 42%

Gensol Engineering Limited, one of the oldest players in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated financial results for the quarter & nine months ended December 31st, 2024 (Q3 & 9M FY25). Consolidated Financial Summary:  Particulars (₹ in Crore) Q3 […]

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