[ad_1] Tata Power Company Ltd on Wednesday (February 12) said its subsidiary Tata Power Renewable Energy Ltd has signed a non-binding Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Ltd (ONGC) to explore joint opportunities in the Battery Energy Storage System (BESS) and its value chain. Company Value Change %Change The collaboration aims […]
Union Budget 2025: Renewable energy sector demands incentives for battery energy storage systems – CNBC TV18
[ad_1] India’s renewable energy sector is at a pivotal moment. With a milestone of 200 gigawatts already achieved, the ambitious goal of 500 gigawatts by 2030 demands an exponential increase in deployment. This crucial leap forward hinges on bolstering battery energy storage systems (BESS) to stabilise the grid and optimise renewable energy utilisation. However, the […]
How to solve India’s energy storage challenge in the green transition: An FSG perspective – CNBC TV18
[ad_1] India’s energy revolution is gathering momentum, driven by bold targets of reaching 500 GW non-fossil-based energy capacity by 2030 and meeting half of all its energy requirements through renewable energy. Already, solar arrays dot the landscape in many areas, wind turbines stand tall in coastal regions, and the share of renewables in the nation’s […]
Foxconn plans to set up battery energy storage system unit in India – CNBC TV18
[ad_1] Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a battery energy storage system unit in India, its chairman Young Liu said. With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan. Liu told PTI that […]
Sterling and Wilson shares hit 5% upper circuit on bagging orders worth ₹328 crore – CNBC TV18
[ad_1] Sterling and Wilson Renewable Energy Ltd shares rallied 5% to hit the upper circuit limit of ₹689.6 apiece on the BSE on Friday, July 26, after the company announced it had secured two orders worth ₹328 crore. The orders pertain to a battery energy storage system in Rajasthan and a floating solar project in […]