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Green Stocks Oct 7: Red Monday For Green Energy Stocks

On a day when the broader market continued to slide, continuing from the losses suffered last week, the small-cap and midcap space, where a majority of green energy stocks reside, suffered heavy losses. That is evident when you see names like Waaree RTL, Shakti Pimps, and SWREL hit the lower circuits. Even heavyweights Tata Power, […]

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Top 5: Battery Energy Storage Projects Commissioned in India

Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […]

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US Energy Storage Surges With Second-Highest Quarterly Record

The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […]

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Google In Deals With Adani, Cleanmax For Clean Energy Deals In India

In a busy week for Google in India, the global search and web giant inked agreements with the Adani Group as well as Cleanmax Enviro for supply of green energy to power operations here. Google Adani Tie-Up For Khavda Energy The Adani Group and Google are collaborating to further reduce Google’s carbon footprint. Under the […]

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Envision Energy Announces 5MW onshore platform for India

Envision Energy India Private Limited announced its advanced EN 182/ 5MW onshore platform at Wind Energy Hamburg 2024. The company claims that this new platform enhances annual energy output (AEP) by over 40% from its current EN 156/3.3MW platform, providing significant benefits for customers. This platform, featuring a larger swept area, having enhanced Turbine operational […]

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Avaada Announces ₹1L-cr Investment In Rajasthan’s Energy Transition

Indian renewable energy company Avaada Group has unveiled its ambitious plan to invest ₹1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its footprint in Rajasthan’s vast arid land. In a step forward, […]

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MNRE Amends Offshore Wind Lease Rules To Ease Process

The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […]

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NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects

The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […]

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NLC India Aims To Add 10 GW Renewable Energy By 2030

NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […]

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