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Tata Power Solar to Set Up 100 MW Solar Projects in Maharashtra

Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has received Letter of Award (LoA) to build 100MW of distributed ground mounted solar projects for Energy Efficiency Services Limited (EESL). The total order value of projects is ÌNR 538 crores. The commissioning date of the projects is […]

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ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US

ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […]

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Annual Energy Storage Installations to Exceed 30GW by 2030: IHS Markit

The global energy storage market continues to prove resilient to the impacts of COVID-19 and supply constraints for Li-ion batteries and will enter a prolonged period of growth this year, with annual installations reaching more than 30 GW by 2030 – up 250% from 2021 levels – according to the latest report from the Clean […]

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Eos Energy to Get $25 M Equipment Funds from Trinity Capital

Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […]

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Transmission System for Rajasthan Solar Energy zone commissioned

POWERGRID Khetri Transmission System Ltd. (PKTSL), a fully owned subsidiary of Power Grid Corporation of India Limited (POWERGRID) has commissioned the Transmission System associated with Rajasthan Solar Energy Zone (SEZ) Part-C on 4th October 2021. This is one of the largest Inter State Tariff Based Competitive Bidding (TBCB) projects established in the state of Rajasthan. The […]

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Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study

Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […]

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Tyre Maker CEAT Buys 26% Stake in Cleanwin Energy

Tyre maker CEAT Ltd on Monday announced it has completed the acquisition of 26 per cent stake in Cleanwin Energy, for which it had signed a pact with Yellowstone Clean Energy LLP last month. Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move […]

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PEDA Floats Tender to Set Up 220 MW Solar Plants in Punjab

The Punjab Energy Development Agency (PEDA) has invited applications from interested farmers for setting up solar PV power plants of individual capacity 1, 1.5 or 2 MW in Punjab under the PM-KUSUM Scheme for sale of power to Punjab State Power Cooperation Limited (PSPCL). The total aggregate capacity of solar power plants to be set […]

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Developers Take Innovative Approaches to Alternative Energy Production

Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […]

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