Matrix Renewables has secured £245 million in non-recourse financing for a 500 MW/1,000 MWh battery energy storage system (BESS) project located in Eccles-Leitholm, Scotland. The project, being developed in partnership with EDF, commenced construction in […]
TrueRE Oriana Power Limited has acquired 9,324,000 equity shares of Rs 10 each in its subsidiary, Truere Guj SPV Private Limited. The transaction was completed for a total consideration of Rs 120,168,600 in line with […]
Enrich Energy Private Limited has signed a contract agreement with NTPC Limited for the deployment of a 290 MWh battery energy storage system (BESS) project at the Simhadri thermal power station in Andhra Pradesh. The […]
Grenergy has signed a 12-year financial tolling agreement for the storage system of its Escuderos hybrid project. The project is located in Castilla-La Mancha in Spain. The project comprises 200 MW solar PV with 680 […]
By Dr Rohit Gupta, IAS, Chairman and Managing Director, Rajasthan Renewable Energy Corporation Limited India stands in the middle of the most decisive decade in its energy transition. At COP26, the nation committed to five […]
TotalEnergies has secured financing for the Mirny onshore wind and battery energy storage system (BESS) project in Kazakhstan. The project includes a 1 GW onshore wind farm, with 150 turbines and a 600 MWh battery […]
EIE Renewables Private Limited has acquired a 49 per cent equity stake in PRA Bihar Bess Private Limited, a special purpose vehicle company created for the development of a 37.5 MW/150 MWh battery energy storage […]
Masdar and Elektroprivreda Crne Gore (EPCG) have formed a 50/50 joint venture (JV) in Montenegro. The JV, headquartered in Nikšić, will deploy solar, wind, hydropower, pumped storage, BESS, and hybrid energy solutions. It aims to […]
Sonnedix has signed three power purchase agreements (PPAs) with Copec EMOAC for the Sonnedix Librillo project in Chile. The project features a 117 MW standalone battery energy storage system (BESS) with 5-hour duration, enabling a […]
NLC India Limited has entered into a loan agreement worth 100 million with KfW. The funding is intended to support the company’s renewable energy initiatives, particularly in solar generation and battery energy storage systems (BESS). […]
Eveready Industries India Limited has inaugurated an alkaline battery manufacturing facility in Jammu. The plant was developed with an investment of approximately Rs 2 billion. It has a peak annual production capacity of about 360 […]
Globeleq has launched the Leopards Hill project which combines a 250 MWp solar PV with a 150 MW/600 MWh battery energy storage system (BESS). The project, located near Lusaka, is being developed in partnership with […]
Noon Energy has signed an agreement with Meta Platforms to reserve up to 1 GW/100 GWh of ultra-long duration energy storage capacity. The partnership will begin with a 25 MW/2.5 GWh project, expected to be […]
Evren has secured around $600 million in financing for its firm and despatchable renewable energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The project has an installed capacity of nearly 1 GW. It combines […]
Clean Max Enviro Energy Solutions Limited has announced that it will supply renewable power from hybrid wind-solar projects to Shell India’s assets across Gujarat and Karnataka. The projects, with a combined installed capacity of nearly […]
The European Bank for Reconstruction and Development (EBRD) will provide a €70 million loan to Renalfa IPP to support energy projects in Hungary. The funding is part of the €210 million package for the development, […]
Copenhagen Infrastructure Partners (CIP) has issued the final notice to proceed (FNTP) for the Patache BESS project, marking its official construction. The project is located in Iquique, Chile. The project has a 300 MW/1,500 MWh […]
Calcutta Electric Supply Corporation Limited (CESC) has inked four power purchase agreements (PPAs) to procure power from grid-connected wind-solar hybrid projects. The cumulative capacity of power that will be procured is 600 MW. The agreements […]
The Solar Energy Corporation of India Limited (SECI) has floated a tender to set up interstate transmission system (ISTS) connected renewable energy projects under a contract for difference (CfD) mechanism to ensure peak power supply […]
Amazon Australia has signed nine power purchase agreements (PPAs) to add 430 MW of clean energy to the grid across New South Wales and Victoria. The projects will increase Amazon’s total renewable capacity in Australia […]
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