In a major boost, the GST Council has reduced GST  on Lithium-Ion Batteries from 28% to 18%. The changes would come into effect across the country from July 27 onward, Finance Minister Piyush Goyal told media after the 28th meeting of the GST Council. Welcoming the move India Energy Storage Allian... Read more

In order to reduce our dependence on Fossil Fuels, the government has been pushing for electric vehicles for most of this year. However, while electric vehicles themselves are emission-less, there is an alternative technology which has been struggling with widespread implementation across the world.... Read more

Of 1,095 megawatt (MW) rooftop solar capacity in India, Maharashtra leads the way with maximum number of installations and capacity at 145.09MW, according to data from the ministry of new and renewable energy (MNRE). Officials said 60% installations are from the Mumbai Metropolitan Region, Pune, Na... Read more

In a bid to propel the growth of electric vehicles (EV) in the country, the government has announced a slash in the applicable rate of the Goods and Services Tax (GST) on lithium ion (Li-ion) batteries. At the 28th GST Council meeting held in the national capital on Friday, union minister Piyush Go... Read more

The Goods and Services Tax Council has lowered the applicable tax rates across alternative fuels. The tax rate on lithium ion batteries has been lowered to 18 per cent from 28 per cent in a bid to boost prospects of electric vehicles. Tax on fuel cell vehicles has been lowered to 12 per cent from 28... Read more

Artificial intelligence is transporting us into unimaginable mind spaces. Just ten years ago, it would have been impossible to imagine that we could command a machine to do mundane chores. But, we have to recognize the “inevitability” of machines taking over our daily chores, as chess champ Gar... Read more

The London Metal Exchange has asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for the cash-settled contracts it plans to launch next year, the exchange said. Interest in battery metals such as cobalt, nickel and lithium has soared over the past ... Read more

TONGLING, China—Officers on this previous mining city knew nearly nothing about electrical autos after they gave a startup $535 million in land and capital to construct an electric-car plant right here two years in the past. The startup, Singulato Motors, was based by a gaggle of tech professiona... Read more

More of the world will run on electricity in the future, but most of the power won’t be clean. That’s the key message from the International Energy Agency’s latest report on investment trends released Tuesday. The Paris-based organization said that electricity generation attracted more capital... Read more

US home energy storage systems installations hit a record high in the first quarter of 2018. 36 megawatt-hours of grid-connected home energy storage systems were installed during this period, which was the same amount for the first three quarters of the year. Nearly three quarters of the Q1 installa... Read more

India has recommended imposing a 25% safeguard duty on solar cells from China and Malaysia, saying the overseas supplies have caused or threatened “serious injury” to domestic manufacturers. Under the proposed plan, the safeguard duty would be applicable for two years, India’s Directorate Gen... Read more

With the successful push for tapping the renewable energy, India, which once faced electricity shortage, now has too much of it. India’s gross electricity capacity is much higher than the demand. “For a change, shortfalls have fallen dramatically and there is talk of “surplus” power,” a re... Read more