Xinjiang, China – Sineng Electric has announced the successful commissioning of a groundbreaking 50MW/200MWh microgrid battery energy storage system (BESS). This source-grid-load-storage integrated project imposes stringent requirementsfor grid-forming energy storage solutions and represents a significant milestone in advancing efficient and resilient energy systems. As part of the 6.1GW renewable energy base in Xinjiang, the microgrid […]
Amara Raja Batteries Ltd sees sustained losses
Amara Raja Batteries Ltd is quoting at Rs 884.1, down 0.86% on the day as on 13:19 IST on the NSE. The stock jumped 14.7% in last one year as compared to a 24.76% rally in NIFTY and a 38.12% spurt in the Nifty Auto index. Amara Raja Batteries Ltd is down for a fifth […]
Spain’s Green Boom Hands Utilities Top Spot in Stock Benchmark
Spain’s bets on renewable energy are paying off for the country’s utilities, which have now overtaken banks as the biggest sector on the country’s equity benchmark. Utilities comprise 25% of the IBEX 35 Index, up from 19% at the end of last year, while the weighting of the financial sector has fallen to 22% from […]
