Adani Green Energy forms step-down arms
Adani Green Energy has announced the formation of Adani Renewable Energy Fifty One and Adani Renewable Energy Fifty Five.
Mahindra & Mahindra sells solar assets to InvIT owned with Canadian pension fund
Mahindra & Mahindra Group has announced the cessation of its solar subsidiaries Emergent Solren, Mega Suryaurja, Megasolis Renewables, Neo Solren, Astra Solren, and Brightsolar Renewable Energy.
Coal, a heavy burden on Indian Railways
Recognizing coal’s network congestion effects and accelerating clean energy can enable the Indian Railways to better serve an expanding economy, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Swedish zinc-ion battery startup secures funding for megafactory
Enerpoly, a Swedish startup that produces zinc-ion battery storage systems with durations of two to 10 hours, plans to scale production up to 100 MWh per year by 2026.
Australian firm secures PPA for 700 MW of floating PV plus battery in Sri Lanka
Australia’s United Solar Group has secured a power purchase agreement (PPA) for 700 MW of floating solar and a 1.5 GWh battery project in Kilinochchi, Sri Lanka.
Erisha E-Mobility, Uttarakhand Govt sign MoU worth INR 1,900 crore
Erisha E-Mobility and the Uttarakhand Government have signed a Memorandum of Understanding (MOU) to establish an electric vehicle (EV) park and deploy 100 state-of-the-art EV charging hubs across Uttarakhand.
Tata Power Renewable Energy signs power delivery agreement for 13.2 MW C&I solar plant
Tata Power Renewable Energy will develop a 13.2 MW solar plant for power supply to Force Motors and Jaya Hind Industries.
UltraTech Cement targets 85% green energy in its total energy mix by 2030
Currently, UltraTech Cement has a green energy capacity of 691 MW (262 MW from waste heat recovery systems and 429 MW contracted renewables), which meets about 22% of its current electricity requirements.
Cost of battery-based energy storage, INR 10.18/kWh, expected to reduce with VGF and PLI Schemes
Currently, the cost of battery-based energy storage in India is INR 10.18/kWh, as discovered in a SECI auction for 500 MW/1000 MWh BESS. The government has launched viability gap funding and Production-Linked Incentive (PLI) schemes to make battery storage affordable.
Nextracker hits 10 GW milestone in Middle East, Africa, and India solar power markets
Nextracker’s smart solar trackers are now either operational or under fulfillment for 10 GW of PV projects located in the Middle East, Africa, and India.
