⚡ Quick Read What happened: Singapore-based Blueleaf Energy has commissioned a 300 MW wind-solar hybrid project in Madhya Pradesh, valued at ₹19 billion, featuring 35 wind turbines and a multi-site solar installation. Why it matters: The project utilizes a merchant power model with a 15-year power purchase agreement, signaling a shift toward flexible market-based revenue…
⚡ Quick Read What happened: ACME Solar Holdings has commissioned 155 MW/470.25 MWh of battery energy storage systems (BESS) in Rajasthan, bringing its total operational storage capacity to 951.74 MWh. Why it matters: These merchant-operated projects demonstrate a viable business model for BESS by leveraging peak and off-peak price differentials to enhance grid stability. Watch:…
⚡ Quick Read What happened: ACME Solar has commissioned an additional 155 MW/470.25 MWh of battery energy storage systems (BESS) in Rajasthan, bringing its total operational BESS capacity to 297.67 MW/951.74 MWh. Why it matters: These projects operate on a merchant basis, demonstrating a viable revenue model for storage developers by leveraging price differentials between…