News

SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS

Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […]

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2025: Solar, BESS To Account For 81% New US Capacity Addition

The latest Preliminary Monthly Electric Generator Inventory report by the US Energy Information Administration (EIA) expects 63 GW of new utility-scale electric-generating capacity to be added to the US power grid in 2025. This amount represents an almost 30% increase from 2024, when 48.6 GW of capacity was installed, the largest capacity installation in a […]

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MENA

FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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Gensol Unlocks Rs. 350 Cr Deal For Scorpius’ US Subsidiary

Gensol Engineering Limited has signed a non-binding Term Sheet for a Rs. 350 crore transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a Renewable Energy Solutions provider in the US. The deal includes transferring exclusive and global Intellectual Property (IP) rights (except India) for Scorpius Trackers’ solar tracking technology. Gensol had […]

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MENA

NVVN Issues 250 MW/1000 MWh BESS Tender With VGF Support

NVVN, a wholly owned subsidiary of NTPC Limited, has issued a tender for a 250 MW/1000 MWh standalone Battery Energy Storage System (BESS) with Viability Gap Funding (VGF) support. The tender includes a greenshoe option for an additional capacity of up to 250 MW/1000 MWh. It has set March 24, 2025 NVVN has been nominated […]

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SJVN Floats 375 MW/1500 MWh BESS Tender For UP Project

SJVN has recently issued a tender seeking bids from developers to build a 375 MW/1500 MWh standalone Battery Energy Storage System (BESS) in Uttar Pradesh. The tender also offers Viability Gap Funding (VGF) under Tariff-Based Competitive Bidding (TBCB) on a Build-Own-Operate (BOO) basis. SJVN is accepting bids until March 28, 2025. The project aims to […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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Telangana GENCO Seeks DPRs To Develop 56 MW Solar Projects

Telangana Power Generation Corporation Limited (tangenco) has called for the preparation of a detailed project report(DPR) to develop numerous solar projects. It has sought bids up till March 21st, 2025. The TANGENCO shared details on the project, mentioning, “The tender intends to prepare Detailed Project Report(DPR) comprising of Technical Specification and commercial to develop three […]

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WattPower Supplies 15 GW Solar String Inverters In 17 Months

The Chennai-based solar inverter manufacturer, WattPower has produced and supplied nearly 15 gigawatts (GW) of solar string inverters in 17 months. The production was led by WattPower’s manufacturing facility in Chennai, established in 2022. With an annual production capacity of 9.9 GW, the facility produces solar string inverters including the 330KTL model. The plant’s semi-automated […]

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