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Will Gensol Be Able To Drive Out of Latest Crisis?

A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […]

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SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff

A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […]

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Adapture Secures $321Mn Debt Facility For 441 MW Solar Project In US

Adapture Renewables, Inc., a utility-scale solar and energy storage project developer, owner, and operator, has secured $321 million in financing from Mistubishi UFJ Financial Group (MUFG). This financing would support the construction of its largest project. Adapture Renewables’ Titanium portfolio (Titanium), is a 441 MW solar project spanning three sites across Arkansas and Illinois. The […]

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SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep

Soon after announcing plans to develop grid-connected Floating Solar PV (FSPV) projects at the beginning of 2025, SECI has now released a tender to build such projects in Lakshadweep. These projects will be located in two locations within the union territory —Agatti and Kavaratti—and include an optional Battery Energy Storage System (BESS). SECI has set […]

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Saurenergy Explains: AC Block vs DC Block – Battle of BESS

Renewable energy sources struggled to become a reliable alternative to fossil-based power for long. The Utility-scale battery energy storage systems (BESS) emerged as a panacea to renewable woes, with new renewable projects now even accommodating BESS as a part of the project. The landscape of utility-scale BESS is also now witnessing a dynamic evolution, with […]

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New LMFP Cathode Material Promises Enhanced EV Range

A new Lithium Manganese Iron Phosphate (LMFP) cathode active material developed by Integrals Power could increase the real-world range of electric vehicles (EVs) by extending the useable capacity of the battery under high discharge conditions, the firm has claimed. It said that the conventional Lithium Iron Phosphate (LFP) chemistries experience a reduction in useable capacity […]

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India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks

India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW  in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […]

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ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects

ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […]

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