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CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project

The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as Indias []

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Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV

Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo []

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivans (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations []

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Bangladesh Needs a Renewables Focus, Not a Switch From Coal to Gas: IEEFA

Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. []

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SECI Issues RfS for 1.2 GW of ISTS Wind-Solar Hybrid Projects

SECI has issued a tender for setting up ISTS-connected wind-solar hybrid power projects in India, for an aggregate capacity of 1.2 GW. The Solar Energy Corporation of India (SECI) has issued a tender, inviting proposals from eligible bidders for setting up ISTS-connected wind-solar hybrid power projects in India (Tranche-IV), on a Build Own Operate (BOO) []

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Batteries Better Than Gas at Meeting Australias Future Peaking Needs

In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in []

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Syska to Participate in Carbon Finance Based Gram Ujala LED Scheme With CESL

Syska LED has won the tender by CESL to supply LEDs for homes in rural India based on carbon finance under the Gram Ujala scheme Syska LED has announced that it has won a uniquely structured tender by public sector entity Convergence Energy Services Limited (CESL) to supply LEDs for homes in rural India based []

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Amplus Solar Acquires 17 Rooftop Solar Projects From Sterling and Wilson

Amplus Solar has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson, totalling 7.2 MWp. Amplus Solar, one of Asias leading distributed solar energy companies, has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson Private Limiteds totalling 7.2 MWp.  Spread over Haryana, Punjab, Madhya []

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Indias First Li-ion Battery Plant in Karnataka

Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handas investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can []

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