Utility Scale Storage

Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.

India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.

Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.

Scientists have investigated different techno-economic scenarios for using hydrogen storage in combination with hydropower and pumped hydro storage in Switzerland. They have found that hydrogen storage plays no major role under most conditions.

Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.

Solar Energy Corp. of India (SECI) has extended bidding for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh by three weeks.

Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.

Tata Power has recorded INR 61,542 crore of revenue and INR 4,280 crore net profit for the fiscal year ended March 31, 2024.

BSES Rajdhani Power Ltd’s 20 MW/ 40 MWh project is India’s first utility-scale standalone battery energy storage system to obtain regulatory approval under Section 63 of the Electricity Act, 2003. The project is supported by concessional loan from the Global Energy Alliance for People and Planet (GEAPP).

India invited bids to set up 69.8 GW of renewable energy capacity, far surpassing the annual bidding target of 50 GW. The bidding activity surged due to large-scale potential for market growth, central government support in terms of targets and regulatory frameworks, and higher operating margins.