SUBSCRIBE NEWS LETTER

energy storage

IREDA Sanctions Up 129% In Q3, Disbursements Rise 41%

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […]

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Servotech Secures Rs. 31 Cr Order To Supply 1100 Agriculture Pumps To UPNEDA

Delhi-based Servotech Renewable Power System Ltd. (Formerly known as Servotech Power Systems Ltd.), a solar solutions and EV Charger manufacturer has secured an order approx. 1100 Grid-connected Agriculture Pumps under “KUSUM Component C-1 Scheme” from Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA), Govt. of Uttar Pradesh. The project valued at around 31 Crores […]

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Trinasolar Sets New n-type Solar Cell Efficiency World Record of 27.08%

Trinasolar has announced that its industrial larger-area n-type total passivation (TOPAS) solar cell, based on heterojunction (HJT or SHJ), has achieved 27.08% efficiency, setting a new record for front and back contact solar cells. This was confirmed by the Institute for Solar Energy Research in Hamelin, Germany. This is the first time that a crystalline […]

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Hero Future Energies Commissions Solar Project In Karnataka

Hero Future Energies, the renewable energy arm of the Hero Group announced the successful commissioning of its 29 MWp solar project in Chitradurga, Karnataka. This open-access site is meant to cater to the power needs of the southern state’s commercial and industrial (C&I) sector. The company said that the solar project is expected to generate […]

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South Africa Announces 8 Bidders For 1.76 GW RE Projects

South African Electricity and Energy Minister, Kgosientsho Ramokgopa recently appointed eight preferred bidders to develop eight renewable energy projects. These projects will be developed under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7. The project has a combined contracted capacity of 1.76 GW. It further awarded the project to eight preferred […]

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NHPC Opens Bids For 1.2 GW Wind-Solar Hybrid Tender

NHPC recently issued a tender to select developers for a 1.2 GW wind-solar hybrid project, with or without energy storage systems. The project includes a greenshoe option, and bids are invited until January 16, 2025. The bidders may use technology-agnostic resources such as crystalline silicon, thin film, or CPV technologies, with or without trackers, for […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF

The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […]

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