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Tamil Nadu Generation and Distribution Corporation Limited (TNEGCL) has issued a tender for the development of 500 MW/1000 MWh battery energy storage projects under the Build-Own-Operate (BOO) model. The tender includes six standalone Battery Energy Storage Systems (BESS) of 1000 MWh (500 MW x 2 hours) to facilitate “on-demand” energy storage through tariff-based competitive bidding […]
The SEforALL Global Forum committed over USD 900 million to scale energy access and drive the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. The SEforALL Global Forum held from 12-13 March in Bridgetown was co-hosted by SEforALL and the Government of Barbados […]
Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […]
In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […]
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 […]
Indian transmission company Power Grid Corporation of India Limited (POWERGRID) successfully bids for the Andhra Pradesh transmission project. This project is under Tariff Based Competitive Bidding to establish the Inter-State transmission system for the project namely “Transmission System Strengthening at Kurnool-III PS for Integration of Additional RE Generation Projects” on build, own, operate and transfer […]
GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […]
India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]
Hariom Pipe Industries Limited (HPIL) has entered the renewable energy sector, securing a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW (AC) Solar Photovoltaic Power Generating Stations. This project falls under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, which aims to implement feeder-level solarization under Component C […]
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