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electricity

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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Swaraj Tractors, Mahindra To Build Punjab’s Largest Solar Captive Project

Swaraj Tractors, a division of Mahindra Group, has partnered with Mahindra Susten, the Group’s clean-tech arm, to develop Punjab’s largest solar group captive project—a 26-megawatt (MW) solar installation in Bathinda district. The project, developed by Mahindra Susten, will supply renewable energy to four Swaraj Tractors manufacturing facilities in Mohali and Dera Bassi. It is expected […]

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20 GW Open Access Solar Opportunity From Heavy Industries In India

There is a 20 GW solar market opportunity in the top 5 producing states under the green energy open access mode of power procurement for steel, cement, and aluminum according to an Ember report. The latest report by Ember on “RE-powering India’s heavy industries: 20 GW today, 24/7 tomorrow” found that steel presents the largest […]

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CERC Eases Rules to Permit REC Issuance Despite Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgment, relaxed existing norms to allow the issuance of Renewable Energy Certificates (RECs) for the Himachal Pradesh State Electricity Board Limited (HPSEBL). The board had earlier approached the central power regulator seeking intervention. The state board alleged it was deprived of RECs due to procedural delays. […]

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Green Hydrogen Based Microgrid Closes Funding In California

Energy Vault Holdings Inc. has announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. The Calistoga Resiliency Center has been touted as the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage […]

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Why Is Public EV Charging So Expensive?

Owning an electric vehicle in India is as much a going green decision as saving money while using it. Since EVs have higher upfront costs when compared with a similar vehicle that has an internal combustion engine, the justification for saving money after using it is only if you will use it for as much […]

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5 Ways Battery Storage Is Transforming Solar Energy Deployments

Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. BESS has meant the momentum does not flag for solar deployments, even in […]

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As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts

The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu.   Maharashtra Regulator Backs Solar With Vote For Status Quo   In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […]

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