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Energy Vault partners with Enervest Group for 1 GWh BESS project in Australia
Energy Vault Holdings has partnered with the Enervest Group to deploy a 1 gigawatt-hour (GWh) battery energy storage system (BESS) at the Stoney Creek site in New South Wales (NSW), Australia. Enervest CEO Ross Warby highlighted the strength of the partnership, emphasizing Energy Vault’s expertise in technology and system design as key factors. He also…
NTPC invites bids for feasibility study on SMRs at old thermal plants
NTPC Limited has invited bids from enlisted consultancy firms to conduct feasibility studies for installing small modular reactors (SMRs) at decommissioned thermal power stations (TPS). The tender was issued on 7 April 2025, with the last date for submission set for 18 April 2025. The shortlisted firms include Deloitte Touche Tohmatsu India, EY, KPMG Advisory…
MNRE proposes REEFO for consistent RE funding
The Ministry of New and Renewable Energy (MNRE) has proposed a renewable energy financing obligation (REEFO) to ensure dedicated financial support for India’s renewable energy sector. Similar to Renewable Purchase Obligations (RPOs) for discoms, REEFO would require financial institutions to allocate a portion of their lending to renewable energy projects. This initiative aims to secure…
Ashok Leyland opens UP’s first electric bus manufacturing facility
Defence Minister Rajnath Singh inaugurated Hinduja Group flagship Ashok Leyland’s integrated electric vehicle manufacturing plant in Lucknow, marking a major expansion of the company’s electric and alternative fuel vehicle production capacity. The plant, located in Sarojini Nagar, was inaugurated in the presence of Uttar Pradesh Chief Minister Yogi Adityanath and Union Heavy Industries Minister H…
Refex Green Power establishes SPV for 100 MW solar project
Refex Green Power Limited (RGPL), a subsidiary of Refex Renewables & Infrastructure Limited, has incorporated Refex Solar SPV Five Limited to implement a 100 MW solar power project awarded by NTPC Limited. Refex Solar SPV Five, wholly owned by RGPL, has been set up with a paid-up equity share capital of Rs 1 million. The…
Centre cancels 11.4 GW renewable tenders
Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC, and SJVN issued the tenders. As of June 2025, these agencies have issued Letters of Award for…
