Daily News Wrap-Up:  Tata Steel to Deploy Electric Vehicles for its Steel Transport

Daily News Wrap-Up: Tata Steel to Deploy Electric Vehicles for its Steel Transport

Here are some noteworthy cleantech announcements of the day from around the world: Tata Steel has joined hands with an Indian start-up to deploy electric vehicles (EVs) for its steel ...
/ / Other, Renewable Energy
Bill Gates Launches Breakthrough Energy Catalyst to Boost Cleantech Funding & Innovation

Bill Gates Launches Breakthrough Energy Catalyst to Boost Cleantech Funding & Innovation

The co-founder of Microsoft Corporation and the billionaire philanthropist Bill Gates has teamed up with a group of philanthropists, companies, and governments to launch a new climate financing program - ...
/ / Finance and M&A, Other
The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on a build-own-operate (BOO) basis. SECI will enter into an agreement with the successful bidders selected based on the request for selection (RfS) for 25 years as per the terms, conditions, and provisions of the RfS. As this is only a notice announcing the tender, no details about the projects to be developed are available yet. The detailed tender document is likely to be made available on August 31, 2021. This is the largest tender announced for energy storage in India. Most other energy storage tenders were in combination with renewable energy sources, while this is for a standalone energy storage system. Last month, NTPC Limited invited expression of interest from Indian and global companies to set up 1,000 MWh of grid-connected battery energy storage systems (BESS) on the premises of its power projects across India. Interested applicants would be invited to undertake projects at single or multiple NTPC stations to set up facilities and scalable models for further additional requirements. According to Mercom’s India Solar Tender Tracker, SECI has issued 373 MW of solar tenders for projects with BESS as of December 2020. In December 2020, SECI floated a tender for a 20 MW solar project with a 50 MWh battery energy storage system. The project will be set up in Phyang, located in Leh district of the union territory of Ladakh. Mercom had earlier reported that SECI issued amendments to the tender document for 100 MW (AC) of solar power projects along with a 50 MW/150 MWh battery storage system. The project is slated to be developed at Rajnandgaon in Chhattisgarh. As per the amendments issued by SECI, the annual capacity utilization factor (CUF) guarantee has been removed. In the previous version, it was mentioned that if the contractor failed to achieve the annual guaranteed CUF (36.5%) at the end of the tenth year, then the contractor was liable to pay a compensation amount equal to the net present value of the revenue loss for 10th to 25th year. If the CUF was less than the guaranteed CUF, the contractor had to compensate as liquidated damages, equivalent to the remuneration of the equivalent energy, subject to a maximum of 100% of the total annual operation maintenance cost.

SECI Floats Tender for 2,000 MWh of Standalone Energy Storage Systems

The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on ...
Daily News Wrap-Up: Volt Energy to Supply Microsoft with 250 MW of Solar Power

Daily News Wrap-Up: Volt Energy to Supply Microsoft with 250 MW of Solar Power

Here are some noteworthy cleantech announcements of the day from around the world: Vancouver-headquartered Volt Energy has announced its first environmental justice and renewable energy initiative with Microsoft. Under the ...
/ / Other, Renewable Energy
Effectively Using Industrial Waste For Energy Storage In Batteries

Effectively Using Industrial Waste for Energy Storage in Batteries

A team of researchers from the Centre for Nano and Soft Matter Sciences (CeNS) have stressed that industrial waste would increasingly form the base for energy storage in batteries in ...
Daily News Wrap-Up: Clean Energy Projects Along Highways Proposed in the US

Daily News Wrap-Up: Clean Energy Projects Along Highways Proposed in the US

Here are some noteworthy cleantech announcements of the day from around the world: U.S. Senator Jon Ossoff has announced legislation to boost clean energy initiatives under the Sustainable Highways Innovation ...
Cost-Effective Catalysts for Metal-Air Battery

Cost-Effective Catalysts for Metal-Air Battery

International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous research and development (R&D) centre of the Department of Science and Technology (DST), under the Government of ...
Daily News Wrap-Up Ashok Leyland’s UK Arm Acquires EV Company Switch Mobility

Daily News Wrap-Up: Ashok Leyland’s UK Arm Acquires EV Company Switch Mobility

Here are some noteworthy cleantech announcements of the day from around the world: In a BSE disclosure, Ashok Leyland has announced that Switch Mobility Limited, UK – subsidiary of the ...
Dalhousie University’s Advanced EV Battery Research Gets Grant from Tesla and NSERC

Dalhousie University’s Advanced EV Battery Research Gets Grant from Tesla and NSERC

A team of researchers from the Dalhousie University, based at Halifax in Nova Scotia, Canada, received a grant of $2.9 million in funding from the Natural Sciences and Engineering Research Council (NSERC) ...
/ / Electric Vehicles, Grid
50 MW/500 MWh Liquid-Air Energy Storage Facility Coming to Chile

50 MW/500 MWh Liquid-Air Energy Storage Facility Coming to Chile

Highview Enlasa, a 50/50 joint venture between Highview Power, a long-duration energy storage solutions provider, and Energía Latina S.A.-Enlasa, a backup power generation provider in Chile, has announced the development ...
Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Here are some noteworthy cleantech announcements of the day from around the world: United States Secretary of Energy Jennifer Granholm launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative ...
US Energy Storage Market Installs 910 MWh of New Systems in Q1 2021

US Energy Storage Market Installs 910 MWh of New Systems in Q1 2021

The United States installed 910 MWh of new energy storage systems in the first quarter (Q1) of 2021 – an increase of 252% over Q1 2020, making it the biggest Q1 ...
Daily News Wrap-Up Energy Storage Advocacy Network Launched

Daily News Wrap-Up: Energy Storage Advocacy Network Launched

Here are some noteworthy cleantech announcements of the day from around the world: The Solar Energy Industries Association (SEIA) has announced a new venture to prioritize energy storage across policy ...
Daily News Wrap-Up: €17.5 Billion EU Fund to Help Shift to Low-Carbon Economy

Daily News Wrap-Up: €17.5 Billion EU Fund to Help Shift to Low-Carbon Economy

Here are some noteworthy cleantech announcements of the day from around the world: Members of the European Parliament have approved the Just Transition Fund of €17.5 billion (~$21.37 billion) to ...
Daily News Wrap-Up Ciel & Terre Installs a 14.7 MW Floating Solar Project for SPIC

Daily News Wrap-Up: Ciel & Terre Installs a 14.7 MW Floating Solar Project for SPIC

Here are some noteworthy cleantech announcements of the day from around the world: Floating solar specialist Ciel & Terre India has completed a 14.7 MW project for Southern Petrochemical Industries ...
Silver Demand by the Global Solar PV Market Surges to 3,142 Tons

Silver Demand by the Global Solar PV Market Surges to 3,142 Tons

As the solar photovoltaic (PV) market continues to expand, with 18 countries achieving 1 GW installation capacity in 2020, silver’s offtake by the PV industry reached 101 million ounces (Moz) ...
/ / Other, Renewable Energy
Daily News Wrap-up_ Coca-Cola Amatil Joins Global RE100 Initiative

Daily News Wrap-up: Coca-Cola Amatil Joins Global RE100 Initiative

Here are some noteworthy cleantech announcements of the day from around the world: Coca-Cola Amatil announced it has joined the global RE100 renewable energy initiative and committed to power its ...
/ / Other, Renewable Energy
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
/ / Other, Renewable Energy
US Deploys a Record 2,156 MWh of New Energy Storage Solutions in Q4

US Deploys a Record 2,156 MWh of New Energy Storage Solutions in Q4

The United States brought 2,156 MWh of new energy storage systems online in the fourth quarter (Q4) of 2020, a new record for storage with an increase of 182% over Q3, ...
Battery Company Gegadyne Raises $4.5 million from V-Guard

Battery Company Gegadyne Raises $4.5 million from V-Guard

Gegadyne Energy Labs, a provider of quick charging battery technology, has raised ₹334 million (~$4.5 million) from V-Guard Industries in a 'Series A' round of investments. V-Guard is an electrical ...
/ / Finance and M&A, Other
SECI Cancels Tender for 7.5 GW of Solar Projects in Leh and Kargil, To Issue a Fresh One

SECI Cancels Tender for 7.5 GW of Solar Projects in Leh and Kargil, To Issue a Fresh One

The Solar Energy Corporation of India Limited (SECI) has terminated its request for selection (RfS) issued for setting up 7,500 MW of grid-connected solar projects in Leh and Kargil (Jammu ...
/ / Solar, Tenders & Auctions
Tamil Nadu DISCOM Asked to Pay Late Payment Surcharge to Wind Generator

Daily News Wrap-Up: McDonald’s to Purchase 326 MW of Wind Power from Apex Clean Energy

Here are some noteworthy cleantech announcements of the day from around the world: Apex Clean Energy announced two power purchase agreements (PPA) executed with McDonald’s totaling 326 MW of wind ...
/ / Markets & Policy, Solar
U.S. Solar Energy Industries Association Prepares Policy Agenda for Biden Government

US Solar Energy Industries Association Prepares Policy Agenda for Biden Government

The Solar Energy Industries Association (SEIA) of the United States announced that it has prepared a legislative and executive agenda for 2021. SEIA asked President-elect Biden and the new Congress ...
/ / Markets & Policy, Solar
Daily News Wrap-Up_ Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Daily News Wrap-Up: Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Here are some noteworthy cleantech announcements of the day from around the world: Reliance has entered into a definitive agreement to invest up to $50 million in Breakthrough Energy Ventures ...
/ / Other, Renewable Energy
SunPower Logs Revenue of $274.8 Million in Q3 2020

SunPower Logs Revenue of $274.8 Million in Q3 2020

SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the third quarter of the calendar year 2020 (Q3 2020). The company posted a GAAP ...
/ / Finance and M&A, Solar