Financing India’s clean energy transition
To effectively meet its clean energy and net zero targets, India must address the current limitations in its green financing models. Additionally, the lenders must take into account sector specific risks.
Sunnova files for bankruptcy
US residential solar company Sunnova has entered into asset and power purchase agreements to support operations while it seeks a buyer.
Why battery design is one of the core challenges for recycling companies?
While transitioning to renewable energy and widespread adoption of batteries is a must, recycling cannot be an afterthought. It must be built into design and supply chain decisions.
Power ministry announces INR 5,400 crore viability gap funding to support 30 GWh BESS development
The scheme will extend financial support to 15 states and NTPC, with INR 18 lakh per MWh allocated for each project. Of the total 30 GWh target, 25 GWh will be distributed among 15 states to meet their energy storage needs, while 5 GWh will be allocated to NTPC.
L&T wins civil works for 1.5 GW pumped storage project in Maharashtra
Larsen & Toubro has secured an order from JSW Energy to execute civil works for the 1.5 GW Bhavali pumped storage project in Maharashtra.
Anker Solix launches F3000 portable power station for home backup use
Anker Solix has unveiled the F3000, a 3-kWh portable power station designed for home backup and off-grid use in the United States and Canada, featuring fast charging, EV and generator compatibility, and scalable capacity up to 12.3 kWh.
THDC commissions 250 MW pumped storage unit in Tehri
THDC India Ltd, a subsidiary of NTPC Ltd, has commissioned the first unit of 250 MW of its 1 GW variable-speed pumped storage hydro power project in Uttarakhand.
Hygenco breaks ground on green ammonia plant in Odisha
Strategically located at the Gopalpur port hub, the plant will meet both domestic and global demand for green ammonia—enabling decarbonization across key industrial sectors.
Maxvolt Energy to expand lithium battery recycling capacity
Maxvolt Energy plans to set up a recycling and repurposing plant close to its lithium battery manufacturing unit in Ghaziabad, enabling better supply chain integration and operational efficiency.
What developers are still getting wrong about battery risk
Insurers caution that key blind spots remain for energy storage developers going through the underwriting process.
