IndiGrid, IFC partner to build 180 MW/360 MWh battery storage project in Gujarat
International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
JSW Energy secures BESPA for 250 MW/500 MWh battery storage project in Rajasthan
JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for 250 MW/500 MWh of standalone battery energy storage system in Rajasthan.
Honeywell adds Li-ion Tamer for battery fire safety in buildings
Honeywell has acquired the Li-ion Tamer business from Nexceris, a leader in off-gas detection technology for lithium-ion batteries. Li-ion Tamer’s early warning technology detects battery off-gassing, which typically precedes thermal runaway, providing facilities with vital time to intervene before a battery fire starts.
VGF incentive cut may raise BESS tariffs by 10%, but impact likely temporary: SBICAPS
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.
Redwood, Crusoe deploy second-life batteries at AI data center for 63 MWh storage
The second-life project represents the second largest deployment in North America, and the largest battery-powered microgrid.
Hindustan Power secures 100 MW solar, 200 MWh battery storage project from SJVN
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 receives first hydrogen electrolyser dispatch from Greenzo Energy for INR 320 crore green hydrogen project
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.
Photovoltaics vs. photovoltaic-thermal
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.
AM Green acquires stake in Greenko from ORIX
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.”
