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Battery storage critical for India’s shift from coal, renewable capacity lags behind

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India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of 500 GW of non-fossil fuel capacity by the early 2030s. Although renewable energy investment reached USD 12.4 billion in 2023, it is far from the USD 200 billion needed to achieve this goal. To stay on track, India needs to add 300 GW of new renewable capacity…

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SECI debars Reliance Power and subsidiaries from tenders over fake documents

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The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June.  The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies that entities, including Reliance NU BESS Limited and other subsidiaries of Reliance Power, are prohibited from SECI tenders until 2027….

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SSE acquires developmental rights for 120MW BESS in Ireland’s Midlands

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SSE Renewables has acquired development rights from Low Carbon’s Grid Systems Services for a 120MW/240MWh grid-scale battery energy storage system (BESS) project in County Offaly, Ireland.  The Thornsberry BESS project near Tullamore has received planning consent and grid connection approval, enabling 120MW import/export capacity to the national grid. Once operational, the system could supply backup power for 115,000 homes for up to two hours. Subject to a final investment decision, the project may be completed…

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Eku Energy achieves financial close for Williamsdale BESS in Australia

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Eku Energy has reached a financial close on its 250MW/500MWh Williamsdale Battery Energy Storage System (BESS) project in Canberra, ACT, marking a significant advancement in the ACT government’s Big Canberra Battery initiative.  Powered by Tesla Energy’s megapacks, the system will help store renewable energy to meet one-third of Canberra’s electricity needs during peak demand. The Williamsdale BESS will connect to Evoenergy’s distribution network, bolstering Canberra’s energy security and supporting the region’s net zero emissions target…

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Primergy Solar secures $225 million for Valley of Fire renewable projects

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Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona.  This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF portfolio comprises the recently commissioned Gemini Solar + Storage project and five other ventures, collectively offering 2.65 GW of solar…

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EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS

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EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona.  This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026.  Beehive BESS, equipped with lithium-ion batteries, inverters, transformers, and a substation, will store renewable energy to meet peak demand, supporting APS’s capacity needs. …

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ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects

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ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan.  The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500 km of high-voltage transmission lines.  These projects aim to reduce Uzbekistan’s greenhouse gas emissions by an estimated 1.3 million tonnes…

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Nova Clean Energy gains agreements for 1GW power projects in Texas

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Nova Clean Energy has executed interconnection agreements and high-voltage equipment supply contracts for a portfolio of wind power projects in Texas, aiming to deliver up to 1 gigawatt of clean energy to the state’s power grid.  The portfolio includes multi-phase wind projects in the Delaware Basin and central Gulf Coast, with co-located battery storage to enhance grid reliability. Construction is set to begin in late 2025, with power delivery expected by winter 2026. Additionally, Nova…

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Grenergy and CATL to supply battery for Chile’s Oasis de Atacama solar project

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Grenergy has formed a strategic partnership with Contemporary Amperex Technology Co (CATL) to supply batteries for the fourth phase of the Oasis de Atacama solar and storage project in Chile. CATL will provide 1.25 GWh of its EnerX model battery containers, comprising over 7,100 modules, known for high energy density and robust safety features suited to the project’s high-altitude location at 4,000 meters above sea level. The Oasis de Atacama project, located in northern Chile,…

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Andhra Pradesh unveils policy to attract Rs 10 trillion investment for clean energy

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The Andhra Pradesh government aims to secure Rs 10 trillion in investments through its newly launched AP Integrated Clean Energy (ICE) Policy, focusing on solar, wind, and round-the-clock renewable energy projects to achieve net-zero carbon emissions by 2047. Chief Minister N Chandrababu Naidu announced the policy, which offers incentives such as affordable land acquisition and power subsidies for specific sectors. The ICE Policy includes a target of developing 78.5 GW of solar capacity, 35 GW…