A report by the Energy and Resources Institute (TERI) suggests that solar power combined with storage is more cost-effective than constructing new thermal plants for round-the-clock electricity supply. The study analysed the per-unit cost of meeting the demand of BSES Rajdhani Power Limited (BRPL) using solar power combined with battery energy storage systems (BESS) and […]
EIB Global has announced $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund, aiming to attract $300 million in private investment for India’s sustainable energy sector. The fund, managed by EAAA Alternatives, will invest in renewable energy, energy efficiency, transmission, electric vehicles, and circular economy projects. The fund aims to channel […]
In a significant development for Bihar’s energy infrastructure, Union Energy Minister Manohar Lal Khattar on Tuesday announced that the state will soon have its first nuclear power plant, following formal approval from the Central Government. The announcement was made during the Regional Conference of Energy Ministers held in Patna. The Union Minister revealed that Bihar […]
Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects. The automaker commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its […]
