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Focus on Energy Storage: The Technologies Leading the Charge

Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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SLDC to Pay for Irregular Curtailment of Wind, Solar Power

If any SLDC curtails wind or solar power for any reason other than grid safety or security or as prescribed in respective grid code/ regulation, they shall be liable for making good the loss incurred by the wind or solar power generators towards deemed generation. The Ministry of New & Renewable Energy (MNRE) has issued an […]

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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects

EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues

The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […]

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HSCC Tenders for 10 MW Solar Plant Under RESCO Model at NCI Haryana

HSCC has issued a tender on behalf of AIIMS for setting up of a 10 MW solar plant at the National Cancer Institute (NCI), Haryana under the RESCO model. The Hospital Consultancy Corporation Ltd. (HSCC) has issued a tender on behalf of the All India Institute for Medical Sciences (AIIMS) for setting up of a […]

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Tesla Introduces New Battery for Utility Scale Energy Storage

To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […]

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