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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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RUMSL Issues Tender for 400 MW Firm and Dispatchable Renewable Power

Rewa Ultra Mega Solar (RUMSL) has issued tender to procure 400 MW firm and dispatchable grid-connected renewable power. To meet the supply obligations, selected bidders...

January 15, 2024

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Arjun Joshi

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Other

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Tenders and Auctions
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BHEL Invites Bids to Procure 90 MUs of Round-the-Clock Renewable Power Annually

Bharat Heavy Electricals (BHEL) has invited bids to procure 90 million units (MUs) per annum of round-the-clock (RTC) renewable power on a long-term basis. The procured...

September 20, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Battery Maker LG Energy Solution Raises $1 Billion in Green Bonds

Battery manufacturer LG Energy Solution has raised $1 billion through its inaugural global green bonds. The funds raised will be used to expedite investments in the...

September 20, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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All Pending Provisions of GNA Regulations to Take Effect from October 1, 2023

The Central Electricity Regulatory Commission (CERC) has notified that certain provisions of the General Network Access (GNA) regulations and the first amendment to the...

September 18, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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SECI Invites Bids for the Supply of 1,260 MW of Renewable Power

Solar Energy Corporation of India (SECI) has invited bids from developers for the supply of 1,260 MW of power from interstate transmission system (ISTS)-connected...

September 15, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: Average Cost of Large-Scale Solar Projects Declines by 8% in Q2

The average cost of large-scale solar projects in India declined by 8.1% year-over-year in Q2 of 2023. Continuing from the previous quarter, the cost reduction was...

September 5, 2023

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Mercom Staff

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Daily Wrap-up
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ESS to Set Up 500 MWh Iron Flow Battery Storage System for LEAG in Germany

ESS Tech, a manufacturer of long-duration energy storage systems, and Germany-based energy provider LEAG have partnered to construct a 50 MW/500 MWh iron flow battery...

June 19, 2023

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Arjun Joshi

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Energy Storage

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Other
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Thermal Storage Can Expand Long-Duration Energy Storage to 8 TW by 2040

Thermal energy storage (TES), as a form of long-duration energy storage (LDES), can help decarbonize roughly 45% of all energy-related emissions by ensuring that...

November 21, 2022

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Arjun Joshi

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Energy Storage

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Solar
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SECI Floats Tender for 1.2 GW of ISTS-Connected Wind-Solar Hybrid Projects

The Solar Energy Corporation of India (SECI) has invited bids for setting up 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects...

November 3, 2022

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Arjun Joshi

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Solar

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Tenders & Auctions
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Iron Flow Battery Maker ESS Tech Posts Rise in Revenue in Q2 2022

U.S.-based manufacturer of long-duration iron flow batteries, ESS Tech, Inc., posted revenue of $686,000 for the second quarter (Q2) compared to zero revenue generation...

August 16, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Storage Key to Unlocking Full Potential of Solar and Wind Energy Sources

Given the intermittent nature of solar and wind energy and the growing demand for round-the-clock power in India, energy storage is the vital missing piece. Energy...

July 21, 2022

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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GUVNL Issues RfS to Buy Power from Renewable Projects with Energy Storage

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for selection (RfS) from developers to purchase power from 500 MW of renewable energy projects with assured...

June 15, 2022

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: NHPC, GEDCOL to Develop 500 MW of Floating Solar Projects in Odisha

NHPC signed a promoter’s agreement with Green Energy Development Corporation of Odisha (GEDCOL) to develop 500 MW of floating solar projects in Odisha. NHPC’...

January 6, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Share of Battery in Energy Storage Sector in MENA to Jump to 45% from the Current 7%

The Middle East and North African (MENA) countries must rapidly scale up and integrate variable renewable energy (VRE) – such as solar photovoltaic (PV) and onshore wind...

December 17, 2021

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Arjun Joshi

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Energy Storage

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Market & Policy

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