energy-storage

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BJP, Congress Bet Big on Renewables in 2024 Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 15, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 64.5 GW

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in the calendar year 2023, according to the recently released State of Solar PV Manufacturing in...

March 29, 2024

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Mercom Staff

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Daily Wrap-up
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Chemical Used for Water Treatment Could Find Application in Iron-based Flow Batteries

Researchers at the U.S. Department of Energy’s (DOE) Pacific Northwest National Laboratory (PNNL) have repurposed nitrogenous triphosphate or nitrilotri-methylphosphonic...

March 28, 2024

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Mercom Staff

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Energy Storage

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Market & Policy
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GRIDCO Invites Bids for 2.5 GWh of Energy Storage Capacity

Grid Corporation of Odisha (GRIDCO) has invited bids to procure 500 MW (2,500 MWh) of energy storage capacity with 5 hours of daily peak power support for a period of...

March 26, 2024

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Staff

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Tenders & Auctions
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Ministry Issues Viability Gap Funding Guidelines for Battery Storage

The Ministry of Power (MoP) has issued the operational guidelines for the ₹94 billion (~$1.1 billion) program to provide viability gap funding (VGF) of up to 40% to...

March 20, 2024

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Staff

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Energy Storage

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Market & Policy
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Shoals’ Q4 Revenue Surges by 38%, Driven by Higher Sales

Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility reported a net income of $16.6 million during...

March 1, 2024

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Serentica to Provide Uninterrupted Green Power Through a Mix of Renewables: Interview

Renewable energy developer Serentica Renewables is strategically employing a diverse mix of solar, wind, and energy storage technologies. The company has recently...

February 23, 2024

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Gautamee Hazarika

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C&I

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Markets & Policy

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Renewable Energy
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Subsea Pumped Hydro Storage Can Stabilize Renewable Energy, Researchers Say

A team of researchers from the University of Stavanger in Norway, in a recent study, explored the large-scale energy storage potential of the ocean to support...

February 16, 2024

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Staff

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Renewable Energy
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Daily News Wrap-Up: ALMM Exemptions Leave Solar Industry Guessing

The Approved List of Models and Manufacturers (ALMM) regulation will be back in force from April 1, 2024, with exemptions for projects set up under open access solar and...

February 15, 2024

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Mercom Staff

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Daily Wrap-up
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GUVNL Floats Tender for 1,125 MW of Solar Projects

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 1,125 MW grid-connected solar power projects to be set up in Gujarat State Electricity...

January 30, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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China Adds 217 GW of Solar Power Capacity in 2023

China’s cumulative installed power capacity reached approximately 2.92 TW, a year-over-year (YoY) increase of 13.9%, with solar power accounting for 609.49 GW, a...

January 30, 2024

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Gautamee Hazarika

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Energy Storage

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Markets & Policy

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Solar
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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JSW Energy’s Profit Rises 29% on Renewables Strength in Q3 FY24

JSW Energy, an independent power producer, reported a net profit of ₹2.32 billion (~$27.9 million), a jump of 29% year-over-year (YoY) in the third quarter (Q3) of the...

January 24, 2024

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Staff

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Markets & Policy

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Renewable Energy
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Railways Float Tender to Procure 695 MW Round-the-Clock Renewable Power

REMC Limited has invited bids to procure 695 MW of round-the-clock (RTC) power from grid-connected renewable energy projects with or without storage to operate in tandem...

January 11, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions

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Wind
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Daily News Wrap-Up: BluPine Gets ₹5.11 Billion Loan for 120 MW Solar Project

Renewable energy company BluPine Energy has announced the financial closure of ₹5.11 billion (~$61.3 million) for its 120 MW solar project in Gujarat. The green loan...

December 15, 2023

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Mercom Staff

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Daily Wrap-up

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