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Energy Storage

Acme Solar Q3 net profit 152% up YoY

Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.

Australian manufacturer bets on lithium-titanium-oxide batteries

Zenaji, an Australian manufacturer of lithium-titanium-oxide (LTO) batteries, says the LTO market will hit $5.8 billion by 2032, growing at a 12.6% annual rate. It claims that its Eternity battery system is poised to capitalize on the trend.

Avaada Group commits INR 20,700-crore renewables, storage investment in Odisha

Avaada Group has committed INR 20,700 crore for setting up 1.5 GW of floating solar projects, two 1 GW pumped storage projects, and green energy equipment manufacturing units in the Indian state of Odisha.

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Acme Solar secures PPA with NHPC for 680 MW renewables storage project

Acme Solar has secured a power purchase agreement (PPA) with state-owned NHPC Ltd for a firm and dispatchable renewable energy (FDRE) project of 680 MW capacity.

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Solis unveils generator-compatible hybrid inverters in India

Solis has launched its Solarator series hybrid inverters for residential and commercial solar storage applications in India. The inverters are generator-compatible.

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Larsen & Toubro one of preferred EPC partners for 5 GW/19 GWh solar-plus-storage project in Abu Dhabi

Larsen & Toubro has been selected by Masdar as one of the preferred engineering, procurement and construction (EPC) contractors for its 5 GW/19 GWh solar-plus-storage project in Abu Dhabi.

Husk Power secures Acumen backing for solar minigrids in Congo

Husk Power has secured funding from Acumen to build out a robust pipeline of distributed renewable energy projects and build its first solar minigrids in the Democratic Republic of Congo. 

The case for combining pumped-hydro storage with floating PV

Researchers in Italy have analyzed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating PV on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.

BC Jindal Group’s JIRE bags 180 MW solar-plus-storage project from NHPC

BC Jindal Group has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE), has won a 180 MW solar plus storage project from state-owned NHPC. The project is part of NHPC’s 1,200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems. JIRE has bagged 180 MW of […]

NTPC Renewable Energy wins 300 MW solar with storage project in NHPC’s tender

NTPC REL secured a capacity of 300 MW at a tariff of INR 3.09/kWh. The project will include the establishment of an energy storage system with a capacity of 150 MW/300 MWh.

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