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energy storage

Cabinet Approves RE Pact Between India and Denmark with Focus on Offshore Wind Energy

The objective of the cooperation agreement is to promote cooperation between the two countries in the field of renewable energy with a special focus on offshore wind. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry […]

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Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore […]

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EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project

Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […]

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Global Storage Market Predicted to Reach 158 GWh by 2024: Report

The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […]

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MNRE Eyes Comments on Draft Guidelines for Series Approval of Storage Batteries for Lab Testing

These draft guidelines has been prepared in consultation with the related stakeholders, including experts from test labs, Bureau of Indian Standards (BIS), New Delhi and Battery Storage Industry. The Ministry of New & Renewable Energy (MNRE) has sought suggestions or comments from public and related stakeholders on the guidelines drafted for series approval of storage […]

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India Should Evaluate BESS as a Viable Storage Tech

The US-India Strategic Partnership Forum (USISPF) has said that grid-connected battery-based energy storage system (BESS) should be evaluated more actively as a commercial storage technology for grid services, as it offers superior performance and a declining price trend in the future.  “In the 21st century, India’s symbol of national pride should be its grid that […]

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Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis

Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […]

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IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy

The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […]

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