Tata Power Co., one of India’s largest private power utilities, is planning to invest as much as $5 billion to ramp up its renewable capacity fourfold, according to its top executive. The 103-year-old power utility plans to increase its clean-energy capacity to 12,000 megawatts by 2028, Chief Exe... Read more

In yet another effort to boost clean energy generation, the Ministry of New and Renewable Energy (MNRE) today unveiled a National Wind-solar Hybrid Policy that which seeks to promote new projects as well as hybridization of the existing ones. The MNRE is also in the process of launching a scheme fo... Read more

The Energy Storage Association (ESA), the national trade association for the U.S. energy storage industry, announced today the results of its board and officer elections. Each year, ESA holds open elections among its members, and the resulting Board of Directors also holds elections to select execut... Read more

E-rickshaw tyres will attract GST at the highest slab of 28 per cent as they are registered as 'motor vehicles' under the Motor Vehicle Act, according to the order of the Authority for Advance Rulings (AAR). The Maharastra-bench of the AAR passed the order on an application filed by tyre-maker Ceat... Read more

The electric vehicles (EV) market in India is set to see the entry of a flurry of new players of foreign origin and home-grown start-ups in the two- and three-wheeler segments, even as the established Indian automobile firms such as Hero MotoCorp, Bajaj Auto and TVS Motor Company have chosen to adop... Read more

A fast-acting carbon ‘ultra-capacitor’ is currently under development in France. This tech is expected to be capable of taking 30 percent off the weight of a lithium-ion EV battery pack. It is built using carbon and graphene nanotechnology and is claimed to store and discharge electrical energy ... Read more

The Society of Manufacturers of Electric Vehicles (SMEV) has urged the government to keep registration charges nominal for electric vehicles (EVs). It has also suggested that green license plates be mandated for all delivery vehicles, not just fleets. “Few fringe benefits of the green plate-like t... Read more

Shell Ventures co-led a $7.6 million Series-A round of funding for ice storage provider Axiom Energy. Shell and GXP Investments co-led the round, which also included WorldQuant Ventures, SV Tech Ventures and Meson Capital. Axiom’s Refrigeration Battery uses the existing refrigeration system of a... Read more

After Airbus, Lockheed Martin has expressed interest in setting up a facility to manufacture solar batteries in Dholera SIR (Special Investment Region), located about 80 kilometers from Ahmedabad. “We had interacted with Lockheed Martin at the Defence Expo in Chennai and they said they will be ve... Read more

The Ministry Of Road Transport has brought about a whole range of proposals to increase the adoption of electric vehicles in India. These include green number plates for electric vehicles, the proposal of scrapping permits to run commercial electric vehicles, allowing youth between the ages of 16-18... Read more

SolarEdge reported record revenues and profitability for the first quarter of 2018 on Wednesday — along with plans to move into markets beyond solar power optimization. On the energy storage front, SolarEdge announced an $11.5 million acquisition of Gamatronic Electronic Industries Ltd., an unint... Read more

During the course of Tesla Motors first-quarter 2018 earnings call, the company CEO Elon Musk teased a potential gigantic 1 GWh energy storage project which is likely to be announced soon. While talking about Tesla’s forthcoming announcement of a new record-breaking potential 1 GWh energy storage... Read more