A subsidy scheme for promoting solar power equipment manufacturing is awaiting approval of the finance ministry while another one that offers assured power offtake to manufacturers is embroiled in World Trade Organisation (WTO) regulations. Officials said a Rs 160 billion capital subsidy was availa... Read more
For the first time ever, India has added more production capacity from renewable energy in a year than from conventional sources like coal. Between April 2017 and March 2018, the country added around 11,788 megawatts (MW) of renewable energy capacity. That’s more than double of the 5,400 MW of ca... Read more
China’s leading electric vehicle manufacturer BYD, which has won Indian tenders with astonishingly low bids, will focus on providing ebuses for public transport and keep off cars although Indian auto companies had approached it for cooperation in passenger cars, a top company official said. The g... Read more
The US Department of Energy (USDOE) will be providing up to $30m in funding for the projects that are part of the Advanced Research Projects Agency-Energy (ARPA-E) programme called Duration Addition to Electricity Storage (DAYS). The project teams under the DAYS will be engaged in the development o... Read more
A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen AG said it was writing a check for batteries that almost match Tesla’s entire market value. VW has awarded battery-purchasing contracts worth 40 billion euros ($48 billion), double from just ... Read more
Indian renewables company ReNew Power Ventures Pvt Ltd is acquiring domestic wind power producer Indian Energy Limited (IEL) in a deal that will expand its operational wind power capacity to 1,800 MW. The value of the transaction is estimated at INR 364 million (USD 5.4m/EUR 4.5m), consultancy Merc... Read more
India and Japan on Tuesday agreed to initiate discussions on development of electric vehicles (EVs) by collaborating at a policy dialogue on next generation zero emission vehicles, an official statement said. According to an Indian Power Ministry statement, both countries confirmed their commitment ... Read more
With the Centre expressing inability to bring diesel prices on a par with petrol to discourage people from using the polluting fuel, the Supreme Court on Tuesday asked automobile companies to manufacture electric vehicles to curb the menace of air pollution. A bench of Justices Madan B Lokur and U ... Read more
While the Li-ion energy storage market has seen unprecedented growth, to the point of element shortages, Vanadium may be the better technology for several grid-connected applications. It now appears that the vanadium has a shot a taking the lead in energy storage for grid-connected applications, la... Read more
There will be no benefit to basing home energy storage systems on automotive batteries, in the medium or long term, a representative of Mercedes-Benz Energy has said. In the past few days reports had emerged that parent company Daimler has taken the decision to exit the home energy storage market, ... Read more
Although all villages in Telangana are electrified in tune with the Centre’s guidelines on electrification of villages, the power utilities of the State still have challenges in taking electricity to about 55 hamlets of five districts – Kumram Bheem-Asifabad, Adilabad, Manchercial, Nirmal and Bh... Read more
Aiming to overcome infrastructural limitations to its economic growth, Russia is now relying on an increased university-industry collaboration to integrate breakthrough technologies in building a new economy for the country -- and there are lessons India can learn. The National University of Scienc... Read more