In Short : The Indian government plans to mandate battery energy storage for renewable power projects to improve grid stability and ensure reliable energy supply. Developers may be required to install battery storage equal to 10% of project capacity. This move supports India’s goal of 500 GW renewable capacity by 2030, enhancing energy reliability and […]
In Short : The government is set to mandate the inclusion of battery storage systems in renewable power projects to ensure a stable and reliable energy supply. This move aims to address the intermittent nature of renewable energy sources like solar and wind, allowing for the storage of excess power during peak production and its […]
In Short : The Single Window Committee approves investments exceeding Rs 1079 crore for renewable power projects, highlighting a significant stride in advancing sustainable energy initiatives. This financial endorsement underscores a commitment to bolstering the renewable energy sector’s growth. In Detail : The Energy Department’s Single Window Committee (SWC), chaired by Principal Secretary Vishal Kumar […]
DVC will hold 49 per cent and NTPC Renewable will hold 51 per cent in the JV company to implement renewable energy parks and projects including those approved under Ultra Mega Renewable Energy Power Parks Scheme and CPSU scheme. DVC did not provide any further details. Sources said this JV will execute GW size projects. […]
DHAKA: Bangladesh has set up a $400 million joint venture with a Chinese company to build renewable energy projects to provide a total 500 megawatts of power by 2023, a government official said on Wednesday. The venture (JV) between China National Machinery Import and Export Corporation (CMC) and Bangladesh’s North-West Power Generation Company (NWPGC) is […]