With the Centre making its intent on electric vehicles clear, state governments are swinging into action to lure the new investments that automakers will pump into manufacturing them. Three weeks ago, Karnataka became the first state to roll out an electric vehicle policy to encourage manufacturing,... Read more
Detroit automaker General Motors Co outlined plans on Monday to add 20 new battery electric and fuel cell vehicles to its global lineup by 2023, financed by robust profits from sales of gasoline-fueled trucks and sport utility vehicles in the United States and China. “General Motors believes in an... Read more
Asian rivals India and China are bracing for a new war that promises to be a breath of fresh air and change the way we commute. The two countries want to transform mobility from fossil fuels to electric to tackle air pollution and control international trade in clean energy, a sector that is expand... Read more
What India needs to do for reliability, security and affordability of electric supply The cost of electricity can be divided into plant-level costs, grid-level costs, and other costs. Plant-level costs consist of capital, operation and maintenance, and fuelling cost. Capital cost is reflected in ... Read more
Two floating solar projects with the capacity of 10 MW each are coming up in Andhra Pradesh and Kerala to harness unutilised water bodies. “Two 10 MW floating solar projects, which will be the largest so far in the country, will come up in Andra Pradesh and Kerala. We are carrying out the design,... Read more
In the discourse over creation of renewable capacity in India, inadequate attention has been paid to what constitutes a critical component of the renewable power system: storage capacity. For, given that their output can vary as per the vagaries of nature, it is storage systems that make renewable s... Read more
Tata Motors will manufacture compact sedan Tigor with electric powertrain at its Sanand plant in Gujarat to meet Rs 1,120-crore order from state-run Energy Efficiency Services Ltd (EESL). The company has received an order to supply 10,000 electric cars to the state-run firm. "The electric version of... Read more
Goa government will notify its ambitious Solar Policy, which aims at generating 150 MW of power by the year 2022, this week. The draft policy was approved by the state cabinet in July this year after which it was open for suggestions from the general public and stakeholders. "The Solar Policy w... Read more
Indian solar and storage developer Acme Solar Holdings has filed for an IPO in India of up to INR22 billion (US$336 million), according to the Press Trust of India (PTI). Mudit Jain, consultant at Bridge to India, said Acme is the first Indian renewable energy IPP to launch an IPO in India, since M... Read more
ITM Power plc (AIM: ITM) (ITM Power or the Company) is pleased to announce its intention to raise £25 million (before expenses) through a placing of 62,500,000 New Ordinary Shares of 5 pence each in the capital of the Company (the Firm Placed Shares), with certain existing and new institution... Read more
Indian energy storage sector is becoming promising with over 46 MW large scale projects announced in 2016 and 56 MWh of projects announced this year till date. There are 19 applications for energy storage in Indian market, which creates more than 200 MWh of opportunities for the next five years. In... Read more
The Indian government has pledged to broaden the roll-out of solar and battery storage to households without power in rural and remote towns and villages, as a part of a newly launched $2.5 billion project to electrify all of the country’s households by the end of 2018. At the launch of the p... Read more