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Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology

Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]

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Serentica Increases Renewable Energy Capacity For Hindustan Zinc to 530 MW

Indian renewable energy company Serentica Renewables has announced strengthening its partnership with Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer. This expanded power delivery agreement increases Hindustan Zinc’s round-the-clock (RTC) renewable energy capacity from 450 MW to 530 MW. This has led to a boost in its clean energy share to […]

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Madhya Pradesh Issues PHS Policy To Add 12 GW Of 4-Hour ESS

Madhya Pradesh requires 29,956 MW of solar and 5,293 MW of wind capacity by 2034-35 to meet its energy demand. Under the CEA’s resource adequacy plan for Madhya Pradesh, it projects a 5.36% compound annual growth rate (CAGR) in energy capacity from 2024-25 to 2034-35 to meet state power needs. Madhya Pradesh’s recent scheme for […]

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CERC Proposes New Changes In GNA Rules To Boost RE

The Central Electricity Regulatory Commission (CERC) has now issued a new draft regulation on General Network Access (GNA). With this proposed fourth amendment in the regulations, the regulatory body has planned to enhance grid stability and boost renewable energy. The central agency has now proposed imposing a new regulation for entities with restricted access. It […]

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Green Stocks March 10: Monday Blues For Green Stocks

After the somewhat hesitant recovery of sorts we saw in some stocks last week, it was back to the slide again, as green energy stocks followed market directions to a T. From Gensol, (Down 5%)to KPI Green (Down over 4%) to Premier Energies and Waaree Energies, all suffered significant losses as the market mood remained […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Australia Set for Solar With 8 Hour BESS Backup

Australian Infrastucture investor Quinbrook Infrastructure Partners, has announced plans to pioneer a global market first in advanced long duration energy storage solution developed in a technical collaboration with CATL, the world’s leading battery energy storage system (BESS) manufacturer. The groundbreaking storage solution, believed to be the world’s first genuine 8-hour battery at more than double […]

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Hoymiles Micro-Inverters Make an Impression at the REV Expo, Chandigarh

Chinese solar inverter firm Hoymiles, a global leader in Solar Microinverter and Energy Storage Solutions, made a strong impression at the Renewable Energy & Electric Vehicles (REV) Expo in Chandigarh from March 7th to 9th. Partnering with its Authorized Distributor, Sun Solista, it had showcased its latest innovations in microinverters and smart solar technology to […]

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DEWA Seeks Developers To Build 1.6GW Solar With 1GW BESS Project

Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest (EOI) for a tender to develop 1,600-megawatt (MW) solar project. This project is the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, with photovoltaic solar panels and a battery energy […]

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