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INDIA ENERGY STORAGE ALLIANCE
Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...
Jefferies sees 35% upside in Adani Green shares, flags demand and execution triggersJefferies has maintained its ‘Buy’ rating on Adani Green Energy, setting a target price of Rs 1,695, implying 35% upside from the recent cl...
India wastes 1.8 billion units of renewable power amid shortages and dwindling coal stocks: ReportIn July and August, India faced significant curtailment of renewable electricity despite rising power demand. Nearly 1.8 billion units of e...
India's battery energy storage sector set for 91% growth to 302GWh by FY32E: NuvamaIndia's Battery Energy Storage System (BESS) sector is projected to register a compound annual growth rate (CAGR) of 91 per cent between FY...
NTPC invites industrial partners for 26% equity in co-generation projectsNTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation ...
Adani Green Energy H1 Update: Operational capacity rises 24% YoY to 20,763 MW, energy sales jump 32%Adani Green Energy reported a 24% year-on-year rise in operational capacity to 20,763 MW in H1FY27, while energy sales jumped 32% to 25,747...
Thermax scouts for a partner to charge up its green energy unitThermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stak...
India, Singapore eye 2,000 MW power corridorIndia and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The propose...
India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: ReportIndia's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in inv...
Sumitomo buys 49% in Hero Future Energies unit for Rs 375 croreJapan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 cror...
The sheer energy India brings with itIndia has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed...
India’s wind industry must move beyond turbines to integrated power solutions: GWECIndia's wind energy companies are encouraged to offer integrated solutions that include wind, solar, and battery storage. This shift is cru...
Sumitomo Corp picks up 49% stake in Hero group unitSumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...
UltraTech commissions 116.55-MW wind project; 1st Indian co to hit 2 GW captive green power capacityUltraTech has become the first Indian company to cross 2 GW of captive green power capacity with a recent commissioning of a 116.55-MW wind...
UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"India’s Rs 1.86 lakh crore Green Energy Corridor Phase-III has won backing from the UN’s top climate official, who said stronger grids and ...
India needs integrated energy storage policy to build resilience against geopolitical shocks: S&P GlobalGauri Jauhar emphasizes the importance of energy resilience for India's future energy security and storage policies. An integrated framewor...
GEC-III scheme to unlock next growth phase for India renewables sectorThe Union Cabinet approved the GEC-III scheme, earmarking Rs 1.86 lakh crore for developing transmission systems and battery storage. This ...
Adani Green Energy expands BESS capacity to 6.63 GWh; achieves 70% FY27 targetAdani Green Energy Ltd has increased its battery energy storage system to a total of 6.63 GWh. This capacity can power around two million h...
Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolioActis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire abou...
India may need over Rs 4 lakh crore investment in energy storage by FY32: ReportIndia's transition to renewable energy is expected to demand significant investments in energy storage solutions. By FY32, approximately Rs...