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renewables

US BESS Market Grows Amid Federal Policy Changes: Report

The United States (US) battery energy storage (BESS) market is booming across the country this year, with a growth streak in 2024. The rapid clip of expansion is partially due to falling battery manufacturing costs, with Rystad Energy predicting this trend to continue over the next five to seven years amid ongoing design improvements. While […]

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KPI Green Eyes Larger IPP Portfolio to Fuel Earnings

Indian clean energy EPC firm KPI Green Energy has now planned to boost its Independent Power Producers (IPP) portfolio to increase its revenue. This is seen as a transition from its current predominant portfolio of developing captive renewable energy projects. The top management of the firm recently discussed their roadmap for the firm’s journey in […]

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Sembcorp Wins First RTC Power Project in India

Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Private Limited (SGIPL), has secured its first round-the-clock (RTC) renewable power project in India. The company has been awarded a 50 MW project by Solar Energy Corporation of India Ltd (SECI) under a 1.2 GW tender for RTC power from Inter-State Transmission System (ISTS)-connected renewable […]

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Green Stocks June 12: Shakti Pumps Stock Price Up Post LoA Win

On a day when most of the renewable energy stocks suffered losses, two green stocks reported an increase in their stock prices. These included solar pump manufacturer Shakti Pumps and renewable EPC firm-Sterling & Wilson. The highest gain was reported by Shakti Pumps, which reported a 2.92 percent increase in its stock price. This was […]

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SaurEnergy Explains: How Grid-Forming Inverters Are Powering RE Grids

The accelerating shift to renewable energy is pushing power grids into uncharted territory. Traditional grids anchored by large spinning generators are giving way to systems dominated by inverter-based resources like solar, wind, and batteries. Grid-forming inverters have emerged as a key enabling technology to maintain grid stability in this new paradigm. In this article, we […]

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Egypt: AfDB Commits $184.1 Mn For Solar & BESS Project

African Development Bank Group’s board of directors approved a financing package of up to $184.1 million to support the development of the Obelisk 1-GW solar photovoltaic project and 200MWh battery energy storage system (BESS) in Egypt. This is expected to be Africa’s one of the largest solar power plants. Located in Qena Governorate in southern […]

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Rewa Solar Project: Waaree’s Parent Firm to Develop MP Project

Mumbai-based Waaree Energies has taken over the development of a 170 MW solar power project from Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh, the company said in a regulatory filing. It clarified that the project would not be developed by its subsidiary as announced earlier. The latest announcement was in continuation of its […]

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Green Stocks June 11: Renewable Firms Lose Ground

After days of profitability, the majority of the green stocks today suffered a setback. Barring a few companies, most of the Indian listed solar companies reported a decline in their stock prices. This is despite the encouraging market indices. Only four renewable energy stocks reported an increase in their values. The highest stock price rise […]

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Green Stocks June 10: Green Stocks Shine With Few Exceptions

Most of the green energy stocks today continued to shine with positive growth of market indices. However, a few companies suffered a jolt with a marginal dip in the values of their stocks. The only three stocks that reported negative growth included Waaree Renewable Technology, the EPC arm of the Waaree Group, Shakti Pumps, and […]

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