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No Transmission Charges On BESS, PSPs Till June 28: Govt

Ministry of Power has issued a long-awaited notification waiving inter-state transmission system (ISTS) charges for Energy Storage Systems (ESS), including pumped hydro and battery projects, as part of efforts to support renewable energy integration. The order builds on earlier ministry notifications issued on December 23, 2016; November 2, 2021; December 1, 2022; December 6, 2022; […]

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Enfinity Global Signs PPAs For 420 MW RE Supply In Italy

United States (US) based Enfinity Global has signed Power Purchase Agreements (PPAs) in Italy with a US technology company to supply renewable energy from a 420 MW portfolio of solar PV projects. The company has contracted 805 MW over the last two years in Italy, with major corporations and industrial customers. Enfinity is currently Italy’s […]

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Govt Picks 15 States, NTPC To Offer VGF Support For BESS

The Ministry of Power has approved a ₹5,400 crore ($650 million) viability gap funding (VGF) scheme aimed at accelerating the deployment of Battery Energy Storage Systems (BESS) across the country, according to a latest notification issued by the Ministry of Power. Funded through the Power System Development Fund (PSDF), the scheme will support the development […]

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SPML Infra Gets Land In Maharashtra For BESS Manufacturing Unit

SPML Infra Limited has secured 99,000 sq. m of land from the Maharashtra Industrial Development Corporation (MIDC) at Supa Parner Industrial Park in Ahmednagar, Maharashtra, the company said in a regulatory filing. The allotment is intended for setting up a Battery Energy Storage System (BESS) manufacturing unit and is subject to the payment of a […]

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Green Stocks June 9: Stocks Make Steady Gains On Positive Day

With the euphoria of the rate cut behind now, markets moved higher today but much more carefully. Our green pack followed the trend, consolidating gains even as some, like Shakti Pumps continued where they left off on Friday, with 6% gains. Key developer stocks like NTPC Green and Tata Power gained on the back of […]

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India Emerges As Key Player in Global Energy Investment: IEA

India’s rapidly evolving energy landscape features prominently in the International Energy Agency’s (IEA) World Energy Investment 2025 report, underscoring the country’s pivotal role in global energy investment trends. India has demonstrated a strong pickup in solar investment in 2024, with renewables expanding rapidly alongside continued coal development. The country approved an additional 15 gigawatts (GW) […]

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US Solar Manufacturing Surges, Legislation Threat Looms Large

The United States added 8.6 gigawatts (GW) of new solar module manufacturing capacity in the first quarter of 2025, making it one of the strongest quarters for US solar manufacturing growth, according to new data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The surge was driven by eight new or expanded […]

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Maharashtra: L&T Bags JSW Energy’s 1.5 GW PSP Order in Bhavali

Larsen & Toubro’s (L&T) Heavy Civil Infrastructure (HCI) business has secured a significant order from JSW Energy for the execution of the Bhavali Pumped Storage Project (PSP) in Maharashtra. “The project is located across the Nashik and Thane districts of Maharashtra and is designed to have a total installed capacity of 1,500 MW, comprising various […]

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SNEC 2025: Solis Marks 20th Anniversary With New Hybrid Inverter, AI Platform

Global solar inverter manufacturer Solis will mark its 20th anniversary with the launch of its 125kW wall-mounted hybrid inverter and an AI-powered energy management platform at the SNEC 2025 trade show in Shanghai, the company said in a media statement. Founded in 2005 in Ningbo, Solis claims to have shipped over 100 GW of solar […]

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