Oil India intends to deploy battery energy storage systems (BESS) alongside gas engine-driven generators in its field installations. With this arrangement, it will run the generator during the daytime only (while charging the BESS) and draw power from the charged BESS for the night hours.
DLF Cyber City Developers has agreed to acquire a 26.43% stake in Suncloud Solar, a special purpose vehicle of Cleantech Solar India, for INR 8.41 crore. Suncloud Solar will set up a solar plant for captive consumption by DLF Cyber City Developers.
The 3 kW battery energy storage system with a 3 kW hybrid inverter and a 4.8 kWh, 48V lithium-ion battery module can be scaled to MW scale depending on the power backup requirement.
Amp Energy India’s total solar project capacity for L&T Metro Rail (Hyderabad) has reached 11.8 MWp with the award of a second project of 4 MW.
Bharat Heavy Electricals Ltd is seeking a business consultant to realize potential opportunities in electrolyzer manufacturing and the green hydrogen value chain.
Despite being a mature and largely indigenous technology, pumped storage hydropower’s operational capacity in India remains very low at 3.3 GW because of the high development costs and inherent challenges in constructing these schemes.
Avaada Group has secured $1.07 billion to fund its green hydrogen and green ammonia ventures in India. The funding includes $1 billion from Brookfield Renewable and $68 million from Global Power Synergy Public Co. (GPSC).
Indian Renewable Energy Development Agency Ltd. (IREDA) recorded an all-time high annual net profit of INR 865 crore in FY 2022-23. The profit was up 36% over FY 2021-22. Loans sanctioned and disbursed also hit record levels.
SJVN Green Energy has invited bids to install and commission a 100 MW (AC) grid-connected solar plant on a turnkey basis in Gujarat. The contractor’s scope also includes three years of comprehensive operation and maintenance of the solar plant.
The Indian manufacturer expects to start production from its second factory by June this year, bringing its total solar panel manufacturing capacity to 850 MW.
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