In Short : HEC Infra Projects has won a ₹16.35 crore order from Advait for a battery energy storage system project in Gujarat. The contract highlights growing demand for energy storage solutions in India and reflects the increasing role of batteries in supporting grid stability, renewable energy integration, and the transition toward a more flexible […]
Rajesh Power Forays into Battery Energy Storage, Bags 65 MW / 130 MWh BESS Project in Gujarat – EQ
Ahmedabad – Rajesh Power Services Limited (RPSL) on Monday announced that it has bagged a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat after receiving a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), marking the company’s entry into utility-scale battery storage projects. The project involves […]
Pace Digitek Subsidiary Wins ₹997 Million Battery Energy Storage Order from Advait – EQ
In Short : Pace Digitek’s subsidiary has secured a ₹997 million order from Advait for supplying lithium iron phosphate battery energy storage systems and associated equipment. The project will be delivered in phases by early 2026. The contract strengthens Pace Digitek’s presence in India’s fast-growing energy storage market and reflects accelerating demand for grid-supporting battery […]
ADB, ACWA Power to Build Central Asia’s First Wind Power Plant with Battery Energy Storage – EQ
In Short : The Asian Development Bank (ADB) and ACWA Power have joined hands to build Central Asia’s first wind power plant with battery energy storage. This pioneering project aims to boost renewable energy adoption, improve grid stability, and reduce fossil fuel dependence. It represents a significant milestone in advancing clean energy transition and strengthening […]
Power Ministry Revamps VGF Policy to Accelerate Battery Energy Storage Deployment – EQ
In Short : The Ministry of Power has revised the Viability Gap Funding (VGF) guidelines for Battery Energy Storage System (BESS) projects to attract greater private investment and improve implementation. The amendments aim to enhance financial viability, promote faster deployment, and support renewable energy integration. This move aligns with India’s efforts to strengthen grid stability […]
ACME Solar signs Battery Energy Storage Purchase Agreements with NHPC for 275 MW / 550 MWh – EQ
GURUGRAM : ACME Solar Holdings through its wholly owned subsidiaries have signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two Standalone Battery Energy Storage System (BESS) projects. These projects were secured at a tariff of INR 2,10,000/MW/month for 50MW/100MWh and INR 2,22,000/MW/month for 225MW/450MWh […]
NTPC Ltd issue Tender for Land and Power Evacuation Package for Development of 240 MW ISTS connected Solar PV Projects with Battery Energy Storage near 240 MW Devikot Solar Project of NGEL, Rajasthan – EQ
NTPC Ltd issue Tender for Land and Power Evacuation Package for Development of 240 MW ISTS connected Solar PV Projects with Battery Energy Storage near 240 MW Devikot Solar Project of NGEL, Rajasthan For more information please see below link: Tender Details : Tender Title : Land and Power Evacuation Package for Development of 240 […]
Copenhagen Infrastructure Partners awarded preferred bidder status for three battery energy storage projects in South Africa
Mulilo Energy Holdings (Pty) (“Mulilo”), majority owned by Copenhagen Infrastructure Partners (“CIP”), has in partnership with EDF Renewables (Pty) Ltd (“EDF”) been awarded preferred bidder status for three battery energy storage projects totaling 1,028 MWh / 257 MW in South Africa. COPENHAGEN, Denmark : A consortium consisting of Mulilo, a South African independent power producer […]
Eolian Closes First-Of-Its-Kind Standalone Battery Energy Storage Tax Equity Financing – EQ Mag
BURLINGAME, Calif. : Eolian, L.P., a portfolio company of Global Infrastructure Partners, has successfully closed the first-of-its-kind tax equity investment in two standalone utility-scale battery storage projects located in Mission, Texas. This pioneering financing is the first use of the Investment Tax Credit (ITC) structure by a standalone utility-scale battery energy storage system and is […]
Budget 2023: Govt To Support Setting Up Of Battery Energy Storage Of 4,000 MWh – EQ Mag
The government will support the setting up of battery energy storage of 4,000 MWh, the FM announced during her Budget speech on Wednesday. Finance Minister Nirmala Sitharama during her Budget 2023 speech in the Parliament on Wednesday announced that the government will support the setting up of battery energy storage of 4,000 MWh with viability […]