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US BESS Market Grows Amid Federal Policy Changes: Report

The United States (US) battery energy storage (BESS) market is booming across the country this year, with a growth streak in 2024. The rapid clip of expansion is partially due to falling battery manufacturing costs, with Rystad Energy predicting this trend to continue over the next five to seven years amid ongoing design improvements. While […]

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KPI Green Eyes Larger IPP Portfolio to Fuel Earnings

Indian clean energy EPC firm KPI Green Energy has now planned to boost its Independent Power Producers (IPP) portfolio to increase its revenue. This is seen as a transition from its current predominant portfolio of developing captive renewable energy projects. The top management of the firm recently discussed their roadmap for the firm’s journey in […]

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Sembcorp Wins First RTC Power Project in India

Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Private Limited (SGIPL), has secured its first round-the-clock (RTC) renewable power project in India. The company has been awarded a 50 MW project by Solar Energy Corporation of India Ltd (SECI) under a 1.2 GW tender for RTC power from Inter-State Transmission System (ISTS)-connected renewable […]

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Green Stocks June 12: Shakti Pumps Stock Price Up Post LoA Win

On a day when most of the renewable energy stocks suffered losses, two green stocks reported an increase in their stock prices. These included solar pump manufacturer Shakti Pumps and renewable EPC firm-Sterling & Wilson. The highest gain was reported by Shakti Pumps, which reported a 2.92 percent increase in its stock price. This was […]

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RERC Issues Draft Procedure for Grid Connectivity For ISTS Network

The Rajasthan Electricity Regulatory Commission (RERC) has released a draft procedure for granting connectivity to the intra-state transmission system (InSTS), marking a key regulatory step toward standardizing and streamlining access to the state’s transmission network. Issued under Regulation 17 of the Rajasthan Electricity Grid Code Regulations, 2024, the draft document is intended to guide various […]

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Green Stocks June 11: Renewable Firms Lose Ground

After days of profitability, the majority of the green stocks today suffered a setback. Barring a few companies, most of the Indian listed solar companies reported a decline in their stock prices. This is despite the encouraging market indices. Only four renewable energy stocks reported an increase in their values. The highest stock price rise […]

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KP Green Engineering Bags ₹37.56 Cr Solar EPC Order

KP Green Engineering has secured new orders worth ₹97.27 crore from multiple clients, the company said in a regulatory filing. The company stated that out of the total order, it secured ₹37.56 crore for solar projects (for different components) and ₹4.44 crore for a rooftop solar project. Additionally, KP Green Engineering, the manufacturing arm of […]

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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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Green Stocks June 10: Green Stocks Shine With Few Exceptions

Most of the green energy stocks today continued to shine with positive growth of market indices. However, a few companies suffered a jolt with a marginal dip in the values of their stocks. The only three stocks that reported negative growth included Waaree Renewable Technology, the EPC arm of the Waaree Group, Shakti Pumps, and […]

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