India has continued to fling out solar tenders with 1.2GW in Madhya Pradesh, 275MW in Uttar Pradesh, and a significant solar-plus-storage tender in Andhra Pradesh. Solar Energy Corporation of India (SECI) invited bids for 1.2GW of Interstate Transmission System (ISTS)-connected solar projects in th... Read more
Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer. One of the insurer’s management board, Peter Röder, described the ability to ensure battery performan... Read more
Volvo has been quite vocal about its plans to switch to an electric portfolio, since 50 percent of its car volumes have to be electric by 2025. By this time, the Swedish auto maker promises to put 1 million electric cars on the roads globally. Naturally, it's safe to assume that these products will... Read more
With an eye on the distressed agricultural sector of the country, the central government has now approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) program for farmers. This program is aimed at helping the farmers install solar pumps and grid-connected solar power project... Read more
With rising pollution levels and indiscriminate mining of natural resources affecting the environment on a global scale, countries across the world have been pushing for sustainable solutions for both public and private commute systems. Electric vehicles or simply EVs are undoubtedly one of the bes... Read more
With the announcement of the second phase of the FAME scheme, the government had announced several incentives for electric vehicle (EV) makers. A parallel bid to localize the production of EVs, however, has now resulted in the government putting a localization content limit on these makes. As discu... Read more
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal put forward by the Ministry of Power to include large hydropower projects over 25 MW under the aegis of renewable energy. In a statement, the CCEA said, “Separate hydropower purchase obligation (HPO) for large hydropower p... Read more
Building on its recently announced budget of Rs 10,000 crore for increasing the electric and hybrid vehicle adoption through the second phase of the FAME scheme, the government of India now aims to address the energy storage requirement for these vehicles. For this, the cabinet has approved Phased M... Read more
India is expected to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at a projected investment cost of Rs 1100 billion (1.1 lakh crore), says a report from CRISIL, a research and rating agency. CRISIL has discovered in its, “Execution Headwinds – Viability and Implem... Read more
Statkraft has partnered with energy & meteo systems to launch a 1GW wind, solar and battery storage virtual power plant in the UK, which it says will further renewables’ penetration into the country’s energy market. The VPP will combine the renewable generators with flexible gas engines and... Read more
The U.S. energy storage industry delivered record deployments in 2018, driven by a strong fourth quarter for utility-scale projects. But the new achievement for the young industry pales compared to what’s to come: an expected doubling in 2019, followed by a tripling in 2020. Such growth will prop... Read more
The Solar Energy Corporation of India (SECI) has issued a tender for setting up 14 MW of solar power projects with 42 MWh battery energy storage system (7MW/21MWh each) in Leh and Kargil division. Both Leh and Kargil will have a 7 MW solar project with battery storage of 21 MWh each. The detailed R... Read more