Energy Storage

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Central Electricity Authority Approves 2,600 MW Pumped Storage Projects

The Central Electricity Authority (CEA) has approved two pumped hydro storage projects (PSPs) with a cumulative capacity of 2,600 MW. The Power Ministry said the CEA...

August 2, 2024

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Staff

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Energy Storage
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India Should Focus on Domestic Battery Storage Technology Development

The commercial viability and widespread adoption of energy storage solutions have the potential to address key issues in clean energy deployment, including grid safety...

July 29, 2024

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Arjun Joshi

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Energy Storage

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Market & Policy
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The Evolution and Challenges of Hybrid Power Projects in India

India’s renewable energy landscape has transitioned from standalone solar and wind installations to highly customized hybrid power projects that often include...

July 26, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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Solar

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Wind
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Tesla’s Energy Storage Revenue Doubles, but Q2 Profit Falls 45%

U.S.-based electric vehicle and clean energy company Tesla‘s revenue for the second quarter (Q2) of the financial year (FY) 2024 rose 2% year-over-year (YoY) to...

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Corporate Funding for Energy Storage Surges to $15.4 Billion in 1H of 2024

Corporate funding for energy storage companies surged to $15.4 billion across 64 deals in the first half (1H) of 2024, reflecting a 117% increase from the $7.1 billion...

July 24, 2024

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Energy Storage in India – Balancing Cost, Renewable Integration and Grid Stability

Affordable energy storage is the key to ensuring renewable energy is reliable and well integrated into the power mix. Energy storage is crucial for maintaining a steady...

July 19, 2024

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Arjun Joshi

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Energy Storage

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Other
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Pace, Hero, ACME, JSW Win SECI’s 1.2 GW Solar Plus Storage Auction

Pace Digitek, Hero Solar Energy (Hero Future Energies), ACME Solar Holdings, and JSW Neo Energy (JSW Energy) were declared winners in Solar Energy Corporation of India’s...

July 16, 2024

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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KREDL Invites Bids for 100 MW Solar Project with 50 MW/130 MWh Battery Storage

Karnataka Renewable Energy Development (KREDL) has invited bids to select a developer to commission a 100 MW grid-connected ground-mounted solar project and a 50 MW/130...

July 16, 2024

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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India’s Installed Battery Storage Capacity Hits 219 MWh

India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report,...

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SECI Invites Bids for 2 GWh Standalone Energy Storage Systems

The Solar Energy Corporation of India (SECI) has invited bids to set up 1,000 MW/2,000 MWh standalone battery energy storage systems in India under tariff-based global...

June 27, 2024

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Gautamee Hazarika

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Energy Storage

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Tenders & Auctions
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L&T Wins 185 MW Solar Project with 254 MWh Energy Storage in Bihar

Larsen & Toubro (L&T) has secured an order to build a grid-connected 185 MW solar power project with 254 MWh battery energy storage system (BESS) in Bihar’s...

June 24, 2024

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Gautamee Hazarika

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Energy Storage

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Solar

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Tenders & Auctions

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