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storage capacity

Madhya Pradesh Issues PHS Policy To Add 12 GW Of 4-Hour ESS

Madhya Pradesh requires 29,956 MW of solar and 5,293 MW of wind capacity by 2034-35 to meet its energy demand. Under the CEA’s resource adequacy plan for Madhya Pradesh, it projects a 5.36% compound annual growth rate (CAGR) in energy capacity from 2024-25 to 2034-35 to meet state power needs. Madhya Pradesh’s recent scheme for […]

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DEWA Seeks Developers To Build 1.6GW Solar With 1GW BESS Project

Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest (EOI) for a tender to develop 1,600-megawatt (MW) solar project. This project is the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, with photovoltaic solar panels and a battery energy […]

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Bihar Issues Tender To Build 116 MW Solar Project With 50.5 MW BESS

The Chief Engineer (Generation) of Bihar State Power Generation Company has issued an e-tender to select an EPC contractor for the development of a 116 MW (AC) solar project integrated with a 50.5 MW, 4-hour Battery Energy Storage System (BESS) (minimum 241 MWh capacity). The tender specifies that online submission will commence on March 19, […]

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FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders

The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […]

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Welspun To Infuse Rs 13,500cr For Boosting RE Energy In Odisha

Renewable energy company Welspun New Energy has now planned to infuse around Rs 13,500 crore in Odisha for boosting renewable energy projects in the coastal state. The company has planned to boost the growth of Pumped Hydro Storage (PHP) projects and floating solar projects in the state. The company recently signed a Memorandum of Understanding […]

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5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025

Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […]

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SEIA Envisions To Install 700 GWh ESS Across US By 2030

US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […]

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NHPC Issues Tranche-I 125 MW/500 MWh BESS Tender In Kerala

NHPC has released a tender to build a battery energy storage system (BESS) to select developers for setting up 125 MW / 500 MWh (InSTS) connected standalone BESS (NHPC-Tranche-I-BESS). The project would be located in Kerala with viability gap funding (VGF) support (2024-25). NHPC has sought bids until February 21, 2025. The NHPC tender explained, […]

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