pumped-storage

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THDC Invites Bids for 600 MW-2,000 MW Pumped Storage Projects

THDC India has invited bids for the development of 600 MW to 2,000 MW on/off stream pumped storage projects on a turnkey basis with operation and maintenance for 15...

May 10, 2024

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Gautamee Hazarika

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Energy Storage

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Tenders & Auctions
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Subsea Pumped Hydro Storage Can Stabilize Renewable Energy, Researchers Say

A team of researchers from the University of Stavanger in Norway, in a recent study, explored the large-scale energy storage potential of the ocean to support...

February 16, 2024

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Staff

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Renewable Energy
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Karnataka to Procure 1.5 GW of Power on Short-term Basis to Meet Shortage

Reeling under an acute power shortage of up to 2,000 MW a day, Karnataka has been monitoring power demand and availability on an hourly basis and preparing to buy power...

October 16, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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REC Approves ₹60.7 Billion to Greenko for 1.4 GW Pumped Storage Project

Public infrastructure finance company REC Limited has approved a funding of ₹60.75 billion (~$730.8 million) to Greenko to develop a 1,440 MW standalone pumped storage...

September 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Ministry Proposes Viability Gap Funding for Energy Storage Projects

The Ministry of Power has released a comprehensive framework to create an ecosystem for developing energy storage systems (ESS) to guarantee affordable, clean, stable,...

September 4, 2023

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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China’s Pumped Storage Installations Reach 50 GW, Account for 30% of Global Capacity

China’s functional pumped storage capacity has touched 50 GW as of May 2023, representing 30% of global capacity and surpassing all other nations, according to data from...

August 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Solar Accounts for 16% of India’s Installed Power Capacity

Solar power accounted for 15.9% of India’s total installed power capacity and 38.3% of the total installed renewable capacity in the second quarter of 2023, up from 14%...

July 28, 2023

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Mercom Staff

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Daily Wrap-up
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West Bengal Floats Tender for 900 MW Pumped Storage Projects

West Bengal Power Department has invited bids to develop and commission 900 MW pumped storage projects on a design, build, finance, operate and transfer (DBFOT) basis on...

July 27, 2023

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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NHDC to Invest ₹42 Billion to Develop 525 MW Pumped Storage Project

Narmada Hydroelectric Development Corporation (NHDC), a joint venture of NHPC and the Government of Madhya Pradesh, is set to construct a 525 MW pumped storage project...

June 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Government Fast-tracks Commissioning of Pumped Storage Projects

In a significant move to accelerate India’s renewable energy capacity, the government has introduced several initiatives to expedite pumped storage projects...

June 12, 2023

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Mercom Staff

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Daily Wrap-up
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Government Guidelines Clarify Aspect of Developing Pumped Storage Projects

The Ministry of Power has released guidelines to regulate and promote the development of pumped storage projects (PSP) in the country. These guidelines clarify the...

April 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Greenko Raises $700 Million from GIC, Orix for Pumped Storage Projects

Renewable energy company Greenko Group announced the signing of definitive agreements for a primary equity raising of US$ 700 million from affiliates of Singapore’s...

March 3, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: MNRE To Blacklist Developers for Project Delays

The Ministry of New and Renewable Energy has directed the Public Sector Undertakings to blacklist renewable energy developers that fail to complete the project within...

February 17, 2023

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: World Bank Lends $380M to Indonesian Pumped Hydro Storage Plant

Here are some noteworthy cleantech announcements of the day from around the world: World Bank has approved a $380 million loan to support the 1,040 MW Upper Cisokan...

September 15, 2021

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Arjun Joshi

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Other

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Renewable Energy
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India Overtakes Japan as the Fifth Largest Hydropower Generator in the World: IHA Report

The International Hydropower Association (IHA) has released its 2020 Hydropower Status Report, which notes that India overtook Japan as the fifth largest hydropower...

June 11, 2020

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Nithin Thomas

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Other

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Renewable Energy

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