SUBSCRIBE NEWS LETTER

solar light

The Start Of The Energy Storage Era Has Arrived In India- SBI Caps

Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to  increasing import […]

Read more

Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA

Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […]

Read more

Nextracker Breaches 10 GW Mark In India

Nextracker, a global leader in advanced solar energy solutions, has announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country’s accelerating solar adoption. Nextracker has been expanding its footprint in India with a new 80,000 sq. ft. office and research and development […]

Read more

Lower C&I Tariffs, Residential Support Can Boost RE Shift: CEEW

A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and rationalised tariffs for commercial and industrial users are key to […]

Read more

India Can Avoid New Coal as Renewables Surge: CREA

India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3 gigawatts (GW) of coal-fired capacity is currently under construction, and […]

Read more

BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […]

Read more

Enfinity Global Closes €100Mn Bond, Gets First BESS Financing In Europe

Enfinity Global Inc. has closed up to €100 million bond facility to support its energy storage and solar PV projects deployment across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles. This transaction is also the company’s first financing of […]

Read more

Waaree Energies Acquires Kamath To Scale Transformer Business

Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a “well-established and progressive company in transformer manufacturing,” with revenues of ₹257.3 crore in FY22, ₹544.1 crore in FY23, […]

Read more

GoodWe Launches GT Series String Inverters For India C&I Market

GoodWe, a global leader in solar inverters and renewable energy solutions, has expanded its product line-up for the commercial and industrial (C&I) sector with the launch of its GT Series String Inverter, delivering over 100kW power rating. The next gen inverter is tailored for businesses aiming to enhance operational efficiency and sustainability, promising significant energy […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll