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Solis Secures ISO Certification For Info Security Management

  Solis, one of the world’s leading manufacturers of solar inverters, has been awarded the ISO/IEC 27001:2022 certification for its Information Security Management System by TÜV Süd, a globally recognised testing and certification agency. The certification marks a key milestone for Solis as it expands its digital energy solutions portfolio. As smart energy systems grow […]

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Emmvee Photovoltaic Power Files for INR 3,000 Crore IPO

Emmvee Photovoltaic Power Ltd, a Bengaluru-based solar photovoltaic (PV) module and cell manufacturer, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise INR 3,000 crore through an initial public offering (IPO). The IPO will consist of a fresh issue of shares worth INR 2,143.86 crore and an offer for […]

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Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study

Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis.  Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […]

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Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac

Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […]

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Gamuda to Co-Develop 1.2 GW RE Portfolio in Tasmania

Gamuda Holdings Pty Ltd, a wholly-owned subsidiary of Malaysia’s Gamuda Berhad, has signed a landmark agreement with local Tasmanian landowners to co-develop a 1.2 gigawatt (GW) renewable energy portfolio in central Tasmania. The move marks Gamuda’s first significant step into Australia’s growing renewable energy sector. The portfolio will include 600 megawatts (MW) of wind and […]

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Bihar Awards 500 MWh BESS Project To Six Firms At ₹4.44 Lakh/MW/Month

The Bihar State Power Generation Company Ltd (BSPGCL) has awarded its 125 MW/500 MWh battery energy storage system (BESS) project to six bidders. BSPGCL issued the tender for this project in March, awarded the project within three months. According to the tender results, Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan […]

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Still in the Dark: IRENA Urges Bigger Decentralised RE Push For 666 Mn People

The International Renewable Energy Agency (IRENA) has called for scaled-up, targeted financial support for decentralised renewable energy to help bring electricity to 666 million people in rural and vulnerable areas of developing countries. In its latest annual report tracking progress towards Sustainable Development Goal 7, IRENA highlighted the role of distributed renewable energy — including […]

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Business Development (C&I and BESS)

This role provides an opportunity to scale our stationary storage business (Utility scale BESS and C&I storage) and contribute to India’s decarbonization journey. The selected candidate will spearhead business development initiatives, with a focus on stationary energy storage application. This role will be responsible for riding those tailwinds and driving business growth for Cygni. Responsibilities: […]

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CCI Approves BII Stake Purchase in ReNew Photovoltaics

The Competition Commission of India (CCI) has given the green light to British International Investment’s (BII) proposed investment in ReNew Photovoltaics, the solar manufacturing arm of ReNew Energy Global. In a regulatory update on Tuesday, the CCI announced its approval of BII’s acquisition of a stake in ReNew Photovoltaics Pvt Ltd. “The proposed combination relates […]

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