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storage capacity

Maharashtra: Avaada To Build 3.6 GW Pumped Storage Projects

Avaada Group on Tuesday signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop two pumped storage hydro projects with a combined capacity of 3,650 megawatts. The agreement, signed with the state’s Water Resources Department, was formalized in the presence of Maharashtra Chief Minister Devendra Fadnavis, along with senior government officials including Water […]

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US Solar Industry To Add 502 GWdc Capacity In Next 10 Yrs: Study

“Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through 2035,” said Sylvia Leyva Martinez, Principal Analyst for North America Utility-Scale Solar at Wood Mackenzie, speaking at the firm’s Solar and Energy Storage Summit. She added, “Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through […]

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INR 4.79 Lac Crore Headed For Energy Storage In India By 2032

Leading industry body IESA (India Energy Storage Alliance) has projected that India’s energy storage sector is poised to expand fivefold between 2026 and 2032. At the 5th Edition of Gujarat’s Stationary Energy Storage India (SESI) 2025,  industry leaders expect INR 479 thousand crore investment in energy storage by 2032 to further boost this growth and […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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TPREL Hits 10.9 GW Capacity With NTPC’s 200 MW FDRE Deal

Tata Power Renewable Energy Limited (TPREL), signed a Power Purchase Agreement (PPA) with NTPC Limited (NTPC), to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. Tata Power Company subsidiary’s FDRE project is spread across multiple locations in India and is set to be completed within 24 months. This project is expected to […]

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Researchers Hint At New Ways To Boost Li-Ion Battery Capacity

Researchers from Dongguk University have achieved a significant breakthrough in lithium-ion battery technology by developing a novel hybrid anode material. This innovative study introduces a hierarchical heterostructure composite that optimizes material interfaces at the nanoscale, resulting in remarkable enhancements in energy storage capacity and long-term cycling stability. This engineered structure integrates graphene oxide’s superior conductivity […]

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Why Co-Locating of Storage And RE Matters

India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […]

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CEA Clarifies On New Energy Storage Rule

The Ministry of Power (MoP) has amended its provisions to clarify that ongoing government schemes, such as the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without new energy storage mandates. It further specified that the energy storage system (ESS) co-location requirement applies only to future solar tenders and not to […]

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