SUBSCRIBE NEWS LETTER

Central Electricity Authority

Why Co-Locating of Storage And RE Matters

India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […]

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No Viability Gap Funding Released For BESS In FY25: Govt

The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […]

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SPML Infra In Tie-Up With Energy Vault To Make, Deploy Batteries In India

New Delhi based SPML Infra Limited has signed a licensing and royalty agreement with leading storage solutions firm Energy Vault. For SPML Infra, with its hitherto specific focus on India’s water and energy infrastructure, the tie-up marks a significant push into the energy infrastructure space, where it has had a small but significant presence until […]

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CEA Clarifies On New Energy Storage Rule

The Ministry of Power (MoP) has amended its provisions to clarify that ongoing government schemes, such as the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without new energy storage mandates. It further specified that the energy storage system (ESS) co-location requirement applies only to future solar tenders and not to […]

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India’s Wind Energy Capacity Touches 48.5 GW

India’s cumulative wind energy capacity has reached 48.5 GW, according to the latest data from the Central Electricity Authority (CEA). The CEA’s most recent monthly report highlighted the addition of new wind energy capacities, indicating steady growth in the sector. As per the report, the country added 223 MW of new wind energy capacity in […]

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FY25: India Set To Create New Record In Solar Installations

The Indian renewable energy market is on track to set a new record in 2024-25 (FY25). According to the latest data from the Central Electricity Authority (CEA), India has already achieved an unprecedented level of solar installations in the first 11 months of this fiscal year. As per CEA’s latest report, India’s solar energy capacity […]

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India Must Aim For 600 GW Of Clean Energy By 2030: CEEW

India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […]

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MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders

The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […]

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India Adds 18.5 GW Of New Solar Capacity In 10 Months Of FY25

India’s solar energy capacity continues to rise strongly, with a strong 2.5 GW addition in January as well.  The latest data from the Central Electricity Authority (CEA) revealed that India added 18.5 GW of new solar capacities in the current fiscal, since April 2024. This is a 147% growth in new solar power additions yearly […]

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