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 ...
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 ...
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 ...
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 ...
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 ...
Utility-scale Solar Costs Falling More Rapidly Compared to Onshore wind: Report
Financial advisory and asset management firm, Lazard, released its annual in-depth study comparing energy costs from various generation technologies in the United States. With declining renewable energy costs, certain technologies ...
Funding and M&A Roundup: Sunamp Raises £4.5 Million in a Series A Financing Round
Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Sonnedix, an independent solar power producer (IPP), announced the completion of ...
Masdar to Acquire 50% Stake in EDF’s 1.6 GW of Renewable Projects
Masdar (or the Abu Dhabi Future Energy Company) announced that it has signed an agreement with EDF Renewables North America to acquire a 50% stake in eight renewable energy projects ...
IESA Rallies for Inclusion of Energy Storage Policy Framework in Electricity Act
The India Energy Storage Alliance (IESA) has submitted comments and recommendations to the Ministry of Power (MoP) on the proposed draft for Electricity (Amendment) Bill, 2020. It has proposed a ...
New Carbon Nano Structure Made from Diamond Nano Threads for Energy Storage
A group of scientists from the QUT Center for Materials Science in Australia has proposed the design of a new carbon nanostructure made from diamond nano threads (DNT) that could ...
Energy Storage in Emerging Markets to Increase by Over 40% Every Year Until 2025: IRENA
Battery storage systems are emerging as a potential solution for integrating solar and wind renewables in power systems across the globe. The systems have the unique capability to absorb quickly, ...
Sweden’s Azelio Installs Round-the-Clock Energy Storage System in Morocco
Azelio, a Swedish renewable energy storage company, has completed installing a renewable energy storage system with round-the-clock clean power production at the Noor Quarzazate solar complex in Morocco. According to ...
TERI Tenders Battery Energy Storage Systems in Delhi
The Energy and Resources Institute (TERI) has invited bids for battery energy storage systems (BESS) on turnkey basis under the U.S.-India Collaborative for Smart Distribution System with Storage (UI-ASSIST) initiative ...
SECI’s 7.5 GW Solar Tender for Leh and Kargil Gets Another Deadline Extension
The Solar Energy Corporation of India Limited (SECI) has extended the bid submission deadline for its mega solar tender that calls for 7.5 GW of grid-connected solar power projects in ...
VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019
Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first nine months (9M) of 2019 was 54% higher ...
Center Mulls 5-Min Time-Block for Deviation Settlement as Renewable Generation Surges
The Confederation of Indian Industry (CII) recently organized a conference “Energizing South” in Tamil Nadu’s capital city of Chennai. The conference’s theme was “India at 75: Forging Ahead: Commercially Smart, ...
Tender Floated for 1.95 MW of Solar Projects with Energy Storage in Lakshadweep
The Solar Energy Corporation of India (SECI) has issued a tender for the development of 1.95 MW of solar projects with 2.15 MWh of battery energy storage systems (BESS). The ...
ADB, GCF, and Australia Together Pledge $44.6 Million for Tonga’s Renewable Expansion
The Asian Development Bank (ADB), the Green Climate Fund (GCF), and the Government of Australia have signed an agreement to develop renewable energy in Tonga. The total grant for expanding ...
The Right Mix of Energy Storage Technologies Can Have a Huge Impact: Interview
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 and IFC to Study Energy Storage Potential in Power Distribution System
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 ...
IIT Kanpur Seeks Bidders for Three Smart Grid Field Pilot Projects Using Solar PV
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 ...
Oman to Develop 146 MW of Solar-Diesel-Storage Hybrid Projects Across 11 Locations
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 ...
SECI Tenders 1.2 GW of Solar-Wind Storage Projects with Assured Peak Power Supply
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) ...
Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding
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 ...
Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects
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 ...
