In Short : Rajasthan has recorded the lowest-ever tariff for battery energy storage in India, marking a major breakthrough in the cost competitiveness of storage-backed renewable power. The record tariff highlights rapid technological advancement, growing market maturity, and increasing investor confidence in large-scale storage solutions. The development is expected to accelerate renewable integration, support grid […]
Investment in line with Hindustan Power’s goal to build a 5GW energy portfolio New Delhi/Guwahati – Marking a significant step towards advancing Assam’s renewable energy landscape, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest ₹620 crore in cutting-edge power and battery energy storage projects. The […]
Toronto-based smaller-scale solar project developer SolarBank Corp (CNSX:SUNN) this week said it has been awarded three battery energy storage projects in the Ontario Independent Electricity System Operator’s (IESO) Expedited Long-Term 1 Reliability Procurement. Located in different areas of Ontario, the projects each have a 4.99-MW discharge capacity with a four-hour duration, or a total of […]
Construction has begun on the Chisholm Grid battery energy storage system, the largest standalone battery energy storage project currently under construction in the US outside of California. Located in Fort Worth, Texas, Chisholm Grid will have an initial rated capacity of 100 megawatts (MWac) and is scheduled to begin commercial operations in mid-2021. The Chisholm […]