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Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020

Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […]

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Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender

Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […]

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Vena Energy to Begin Work on 100 MW Australian Battery Project

Vena Energy Australia has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs Renewable power producer Vena Energy Australia, which is a subsidiary of Singapore-based Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs, […]

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Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz

With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […]

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Reduction in Power Cost due to Prepayment by Customers: Power Ministry

The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […]

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Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn

Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […]

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Budget 2020: Solar Industry Wishlist for Sitharaman

Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […]

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Railways to run on 100% Electricity by 2024: Piyush Goyal

Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. “We are embarking on rapid electrification of the rail network by 2024, we […]

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NeoVolta Poised to Lead the Emerging Solar Plus Storage Market

After closing the decade with record growth, the residential solar plus storage market is set for takeoff and NeoVolta is ready to meet this growth After closing the decade with record growth, the residential solar plus storage market is set for takeoff in the 2020s. Analysts predict that one in five of all solar systems […]

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