Energy Storage

As India installs solar and wind energy at a rapid pace, grid congestion is a regular occurrence, power cuts are still prevalent, and curtailment of solar and wind is rampant ...

Tata Power Delhi Distribution (TPDDL) and the International Finance Corporation (IFC), the financial arm of the World Bank Group, have signed a memorandum of understanding (MoU) to assess the energy ...

The Indian Institute of Technology Kanpur (IIT-K) has floated an expression of interest (EoI) for three smart grid field pilots combining renewable sources (solar and biomass) and storage (Lithium-ion and ...

The Rural Areas Electricity Company (Tanweer), based in Oman has floated a tender for 146 MW of solar, diesel and storage hybrid projects to be developed at 11 sites. These ...

The Solar Energy Corporation of India Limited (SECI) has issued a Request for Selection (RfS) for setting up 1.2 GW of renewable projects connected with the interstate transmission system (ISTS) ...

Arnergy, a Nigerian distributed utility company, has announced raising $9 million in Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for ...

General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA) have signed an agreement to invest $495 million as primary equity in Greenko Energy Holdings (Greenko), a renewable energy project ...

The Madhya Pradesh Power Management Company Limited (MPPMCL) has issued an expression of interest (EoI) inviting energy storage companies for setting up a 500 MW project in Madhya Pradesh. Bidders ...

The Ministry of New and Renewable Energy (MNRE) has issued invitations requesting proposals to develop gravity storage projects and also to utilize solar photovoltaic (PV) to produce hydrogen from seawater ...

The Southern Power Distribution Company of Andhra Pradesh Limited (APSPDCL) and Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL), jointly referred as APDISCOMs, have issued Request for Selection (RfS) ...

The interim Budget 2019 was announced on February 1, 2019 by the interim Finance Minister Piyush Goyal. Like the previous two years, this year’s Budget also appears to have failed ...

The Ministry of New and Renewable Energy (MNRE) has invited project proposals for research, development and demonstration (RD&D) in areas of new and renewable energy from R&D organisations/institutions, universities and industries. The ministry has ...

India is now working toward a National Energy Storage Mission (NESM) to keep pace with the changing dynamics of the energy market. As energy storage projects are almost negligible in ...

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...

Tata Power, an Indian power conglomerate, has announced that it will deploy a 35 MWh Energy Vault system in the next year. Energy Vault system is based on the the ...

The United States Trade and Development Agency (USTDA) has awarded a grant to Vietnam Electricity (EVN), Vietnam’s state-owned power company, to examine the feasibility of deploying advanced energy storage technologies ...

For solar project developers in the country, the decision to choose one inverter over the other is becoming increasingly difficult, given the rapid expansion of the segment, and numerous entrants ...

ABB, a Swedish-Swiss multinational corporation, has announced the successful commissioning of the country’s first industrial solar microgrid at its Vadodara manufacturing facility, located in the western state of Gujarat. Microgrids ...

India’s energy storage industry is not yet at the same level as more advanced global players, but the pricing, efficiency, scale, and technology of the country’s domestic manufacturers is undergoing ...

Electric Vehicle sales in the country are expected to grow in the double digits until the year 2020, according to a joint report by the Associated Chambers of Commerce and ...

AES India and Mitsubishi Corporation have begun the construction of India’s first utility-scale energy storage system in the national capital. The 10 MW energy storage system will serve the grid ...

India is on the cusp of a revolution in energy storage, according to key industry players. This was the sentiment at the well-attended 5th Energy Storage India Conference held in ...

In line with the government’s ambitious renewable energy targets, India has seen an impressive increase in the rate at which these energy sources are being tapped for utilization. But given ...

There is a growing market for battery and energy storage in India, but the pace of that growth is manifesting in a slow and steady manner as sector participants await ...

The rapid growth in India’s solar sector is creating new avenues for companies to grow. In particular, the integration of solar with power back-up technology at the residential level is ...