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22 States Issued Green Open Access Regulations, Parliament Told

The Green Energy Open Access (GEOA) Rule, 2022, aimed at ensuring access to affordable, reliable, sustainable, and green energy for all, was notified on June 6, 2022. The GEOA has now expanded its footprint across 22 states, according to recent data shared by the Minister of State for New and Renewable Energy, Shripad Yesso Naik, […]

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US Election May Lead To Hike In BESS Costs By 10%: Report

The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […]

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Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps

Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) today announced receiving a Letter of Empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 Standalone Off-Grid solar pumps. This was meant for Solar Photovoltaic Water Pumping Systems (SPWPS) pumps collectively worth Rs. 754.30 Crores (inclusive of GST) for the entire state of […]

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Andhra Pradesh EV Policy Boosts Private Investment In EV Manufacturing

To transform Andhra Pradesh into an electric vehicle (EV) manufacturing hub, the state recently announced its Andhra Pradesh Sustainable Electric Mobility Policy (2024-29). This policy will be in effect for the next five years, promoting quality infrastructure through private investments, fostering urban mobility growth, and reducing transport-sector emissions to achieve carbon neutrality by 2047. The […]

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News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS

Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP,  and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […]

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Google Backs Clean Energy Firm To Power AI Data Center Expansion

US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […]

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90% Surge In Installations After Green Energy Open Access: IEEFA

A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […]

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Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance

China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […]

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