Serentica Renewables secures 100 MW RTC PPA with SECI
Serentica Renewables has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for 100 MW of round-the-clock (RTC) renewable power. To ensure the RTC power supply, it will deploy a mix of wind and solar power capacities, backed with battery energy storage systems.
CERC to finalise virtual PPA guidelines soon
The Central Electricity Regulatory Commission (CERC) is set to release final guidelines for virtual power purchase agreements (VPPAs), potentially unlocking financing opportunities for over 40 GW of uncontracted renewable energy projects across the country.
Uttar Pradesh launches 1.5 GWh battery storage tender
Uttar Pradesh Power Corp. Ltd. (UPPCL) has launched a tender for the selection of developers to supply energy from 1,500 MWh (375 MW x 4 hours) of standalone battery energy storage systems (BESS) in the state of Uttar Pradesh, on an on-demand basis.
Honeywell introduces all-in-one, modular BESS for C&I segment
Honeywell Ionic battery energy storage system (BESS) combines flexible battery storage with Honeywell’s advanced control and energy management system, helping to optimize energy costs, absorb fluctuations in energy demand to ensure grid stability, and provide back-up power when needed.
ACME Solar secures INR 3,892 crore SBI Funding for 400 MW FDRE project
ACME Solar has secured long-term project financing of INR 3,892 crore from the State Bank of India (SBI) for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.
Renewables investments shifting from US to EU, says BloombergNEF
Utility-scale solar investment fell 19% globally, led by mainland China, Spain, Greece, and Brazil, while EU spending rose 63%, says BloombergNEF (BNEF).
ACME Group, IHI Corp. fast-track India’s largest green ammonia project in Odisha
ACME Group and Japan’s IHI Corp. are advancing EPC contracting, renewable energy integration, and evacuation infrastructure arrangements for their joint green ammonia plant in Gopalpur, Odisha. Slated for commissioning by 2029–30, the facility will primarily export green ammonia to Japan,
Chhattisgarh launches 760 MWh battery storage tender
Chhattisgarh State Power Distribution Co. Ltd (CSPDCL) has invited proposals for setting up pilot standalone battery energy storage system (BESS) projects, connected to the state grid, for an aggregate storage capacity of 760 MWh (380 MW x 2 hours).
India Energy Storage Alliance (IESA) welcomes the new tax regime under GST 2.0
The India Energy Storage Alliance (IESA) has welcomed the streamlining of the GST rate for all advanced batteries under heading 8507 to a uniform 18%, replacing the earlier regime where lithium-ion batteries were taxed at 18%, while other chemistries attracted a 28% GST.
Freen launches scalable sodium-ion battery storage
The Estonian home and commercial storage systems come in low- and high-voltage models. The high-voltage option can scale to ten modules, for 100.8 kWh, and a six-module, low-voltage version to 45 kWh.
