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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 […]

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5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct)

India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According […]

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Delhi Govt Announces State Subsidies Under PM Surya Ghar

In a significant push to promote residential solar adoption, the Delhi Cabinet, chaired by Chief Minister Rekha Gupta, has approved an additional state government subsidy of ₹10,000 per kilowatt (kW) for rooftop solar installations in the national capital. The move is aimed at accelerating the uptake of clean energy by making solar systems more affordable […]

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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 […]

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Waaree Renewable Technology Incorporates New Subsidiary

Waaree Renewable Technologies Limited (WRTL), a player in India’s renewable energy sector, has announced the incorporation of a wholly owned subsidiary named Sunsational Power Private Limited. The company was incorporated in India on May 20, 2025, and will operate within the solar renewable energy industry. In a regulatory filing submitted to both BSE and NSE, […]

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KPI Green Gets Grid Access For 642.6 MW Gujarat Wind Plant

Gujarat-based KPI Green Energy, through its wholly owned subsidiary Miyani Power Infra LLP, has received an in-principle grant of connectivity for its 642.6 MW wind power project. The company disclosed the development in a recent regulatory filing. The connectivity approval was granted by the Central Transmission Utility of India Ltd. (CTUIL) for the Gujarat-based wind […]

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Zelestra, Sungrow Sign Landmark BESS Deal for Chile Project

Renewable energy firm Zelestra has signed a major supply agreement with Chinese technology provider Sungrow to deploy advanced battery storage systems for one of the largest battery energy storage projects in Latin America. Under the deal, Sungrow will deliver its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) and MV power conversion units for the […]

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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, […]

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CIL Floats EOI Seeking Buyers For Its Proposed 4.5 GW RE Power

Coal India Limited (CIL), the world’s largest coal producer and a ‘Maharatna’ enterprise under the Ministry of Coal, Government of India, has announced its ambitious foray into renewable energy with plans to develop 4.5 GW of capacity across India. The state-run mining giant, headquartered in Kolkata, is looking to transform its energy portfolio by tapping […]

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