The ability of the grid to integrate variability associated with renewables, as well as the huge investment required to upgrade the transmission and distribution (T&D) infrastructure, are the key challenges for India in meeting its ambitious 175 GW renewables target by 2022. Energy storage can ... Read more
In a bid to provide a further boost to the country’s renewable drive, the global experts from the solar and storage industry were called on by the Prime Minister Narendra Modi seeking their valuable suggestions on affordable solar power for all. The government’s move has come to take further st... Read more
Battery storage developer Camborne Energy Storage (CES) has been plunged into administration after failing to find buyers for prospective battery projects. The firm, one of the first UK-based developers of grid-connected battery storage projects, appointed administrators earlier this summer having ... Read more
A household just outside Berlin has become the recipient of the 100,000th grid-connected residential battery energy storage system in Germany. Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, Thomas Bareiß attended an official event to mark the system’s comm... Read more
Renewables sector in India is expected to see strong growth and favourable policy support going forward as traditional fossil fuel power projects are facing growing transition risks, an HSBC report says. According to the global financial services major, the solar sector will continue to receive favo... Read more
The government plans to offer a direct subsidy up to Rs 1.4 lakh on electric vehicles, including cars and two-wheelers and three-wheelers. The decision was taken during a meeting of the committee on EVs, which was chaired by Expenditure Secretary AN Jha. The panel has also increased the subsidy allo... Read more
In a major step to boost sales of electric vehicles, the government has decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car, as per a report in The Times of India. The decision was taken in the August 23 meeting, followed by the decision of the Ministry of Finance to raise... Read more
The first batch of auctioned interstate transmission system (ISTS)-connected wind energy projects has been commissioned in India. These projects were tendered by the Solar Energy Corporation of India (SECI) in November 2016 under Tranche I. Ostro Kutch Wind Private Limited has commissioned partial ... Read more
Prime Minister Narendra Modi will launch here on September 7 the second phase of the FAME India scheme offering incentives for mass adoption of electric vehicles with an outlay of Rs 5,500 crore, officials said. The modalities of the scheme have been finalised by an inter-ministerial panel and it w... Read more
In a U-turn, the government has decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car, while extending benefits to those purchasing other electric vehicles (EVs) too, such as two- and three-wheelers. The subsidy may be as high as Rs 4 lakh for high-end electric cars, some of ... Read more
The Indian solar sector received investments to the tune of $1.86 billion in the second quarter (Q2) of calendar year (CY) 2018 according to Mercom India Quarterly Market Updates. Investments declined 26 percent quarter-over-quarter compared to $2.5 billion that poured into the sector in Q1 CY 2018.... Read more
The Ministry of New and Renewable Energy (MNRE) has written to the central and state governments as well as public sector implementing agencies, asking them to follow a set timetable for tendering of solar photovoltaic (PV) capacities. MNRE wrote to the states upon the direction of Minister for Powe... Read more