Grenergy has secured $268 million in non-recourse financing for the Monte Águila solar plus storage project in Chile. The financing was arranged through an international banking syndicate led by BNP Paribas, alongside KfW IPEX-Bank, Rabobank, […]
IndiGrid has commissioned its 180 MW/360 MWh battery energy storage system (BESS) project in Gujarat. The project was developed jointly by IndiGrid and EnerGrid. Gujarat Urja Vikas Nigam Limited (GUVNL) is the offtaker for the […]
Elements Green has acquired the Newarthill battery energy storage system (BESS) project located near Motherwell in Scotland. The project, acquired from Geocore, has a 300 MW storage capacity with a planned two-hour duration and the […]
SPML Infra Limited has secured a Rs 11.28 billion contract to develop a 1,000 MWh Battery Energy Storage System (BESS) at NTPC Limited’s Barauni thermal power station in Bihar. The scope of work includes the […]
Axpo and R.Power have signed an agreement for the optimisation of a 300 MW/1,200 MWh battery energy storage system (BESS) in Dzięgielewo, Poland. The agreement will cover the full scope of optimisation services for the […]
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 […]
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 […]
REDEN has signed a joint development agreement (JDA) with Circle Energy to develop battery storage energy system (BESS) projects in Spain. The partnership will deliver up to 200 MW of utility-scale battery energy storage capacity […]
Arevon Energy, Inc. has commenced construction of the 250 MW/1,000 MWh Cormorant energy storage project in Daly City, California. The project involves an investment of approximately $600 million. The company will own and operate the […]
The Union Budget 2026-27 focuses on customs duty rationalisation, carbon capture, utilisation and storage (CCUS), domestic manufacturing, and energy sector financing. There has been a significant increase in budgetary allocations for the Ministry of New […]
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