A new report by SBICAPS anticipates that the incentive cut under the second phase of the viability gap funding (VGF) scheme for standalone battery energy storage systems (BESS) could lead to a tariff increase of around 10%. However, it adds, this increase is manageable and could be absorbed in the coming months as capex costs continue to decline.
The second-life project represents the second largest deployment in North America, and the largest battery-powered microgrid.
Hindustan Power has secured a Letter of Award from SJVN Ltd to develop a 100 MW interstate transmission system (ISTS)-connected solar power project paired with a 200 MWh battery energy storage system.
Oswal Energies Ltd has received the first 1 MW electrolyser stack from Greenzo Energy India Ltd, marking the operational launch of its INR 320 crore green hydrogen project.
Researchers in India say that photovoltaic-thermal (PVT) systems offer greater performance stability than conventional PV systems in hot climates. Using irradiance and temperature data, the team applied a Random Forest model that predicted efficiency classes with 97% accuracy.
The stake acquisition enhances AM Green’s upstream integration with Greenko, which runs over 10 GW of renewable and pumped storage assets and is building the world’s largest “Intelligent Energy Storage Cloud Platform.”
India is home to one of the largest markets for two- and three-wheelers globally, and these segments play a crucial role in urban mobility, last-mile delivery, and short-distance logistics. However, current electric variants often face challenges related to weight, range, and cost—all of which cell-to-pack (CTP) technology addresses directly.
State-run hydropower company THDC India Ltd (THDCIL) has signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for the supply of 184.08 MW of clean power from India’s first variable-speed pumped storage project at Tehri, Uttarakhand.
Given the demand and the unavailability of Lithium, Nickel, Cobalt, Manganese, and Rare Earth Elements (REEs) in sufficient quantities, as a nation, we may be staring at a scenario we had with crude.
Acme Solar Holdings has emerged as the winning bidder for 275 MW/550 MWh of standalone battery energy storage systems (BESS) across two projects in Andhra Pradesh.
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