Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

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 ...
/ / Markets & Policy, Solar
Tata Power Agrees to Deploy 35 MWh of Gravity-Based Energy Storage from Energy Vault

Tata Power Agrees to Deploy 35 MWh of Gravity-Based Energy Storage from Energy Vault

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 ...
USTDA Awards Grant to Study Advanced Energy Storage Technologies in Vietnam

USTDA Awards Grant to Study Advanced Energy Storage Technologies in Vietnam

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 ...
/ / Markets & Policy, Solar
Interview: A Cheaper Inverter is Not Always a Better Option for Solar Projects

Interview: A Cheaper Inverter is Not Always a Better Option for Solar Projects

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 Commissions India’s First Industrial Solar Microgrid in Vadodara

ABB Commissions India’s First Industrial Solar Microgrid in Vadodara

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 ...
/ / Off-grid, Solar
Interview: Cancelling Energy Storage Tenders Sends a Wrong Signal to the World

Interview: Cancelling Energy Storage Tenders Sends Wrong Signal to the World

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 ...
/ / Markets & Policy, Solar
ASSOCHAM Report: Expanding EV Sector in India Needs Rapid Infrastructure Addition

ASSOCHAM Report: Expanding EV Sector in India Needs Rapid Infrastructure Addition

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 ...
India Will Soon Have its First Grid-Scale Energy Storage System

India Will Soon Have its First Grid-Scale Energy Storage System

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’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations

India’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations

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 ...
Market Forces Should Determine Solar Growth in India Without Subsidies

Interview: Market Forces Should Determine Solar Growth in India Without Subsidies

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 ...
/ / Markets & Policy, Solar
Not Disheartened by Cancellation of Energy Storage Tenders in India_ IESA Director

Not Disheartened by Cancellation of Energy Storage Tenders in India: IESA Director

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 ...
/ / Markets & Policy, Solar
Luminous India Sees Big Growth for Residential Solar and Back-Up Power

Luminous India Interview: Residential Solar With Back-up Power Will See the Fastest Growth

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 ...
/ / Markets & Policy, Solar
TPDDL and GIZ Sign MOU to Promote Renewable Energy

Tata Power Delhi Distribution Limited and GIZ Sign MOU to Promote Renewable Energy

Tata Power Delhi Distribution Limited (TPDDL), a power distribution company (DISCOM), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed a memorandum of understanding (MoU) to explore possibilities for collaboration ...
/ / Grid, Utilities
Wartsila Enters Energy Storage Solutions Market

Wartsila Enters Energy Storage Solutions Market in India

Finnish power conglomerate Wartsila, has announced its entry into the Indian energy storage market. The acquisition of Greensmith Energy Management Systems, a developer of grid-scale energy storage software and integrated ...
Mahindra Susten Emerges as Lowest (L1) Bidder

Breaking: Mahindra Susten Emerges as Lowest (L1) Bidder in NLC India’s 20 MW BESS Auction

Mahindra Susten emerged as the lowest (L1) bidder in the 20 MW solar with battery energy storage system (BESS) auction conducted by Neyvveli Lignite Corporation (NLC) India. Mahindra Susten quoted ...
/ / Solar, Tenders & Auctions
CERC Releases White Paper on Energy Storage

CERC Releases White Paper on Energy Storage

The Central Electricity Regulatory Commission (CERC) has released a white paper on energy storage systems in an effort to generate discussion among the stakeholders and better understand users’ perceptions about ...