Invenergy today announced that it has signed a 225 MW wind power purchase agreement (PPA) with Google to provide the tech giant with renewable energy to help support its data center operations. Google first announcedthis deal in December during the COP21 conference in Paris. Invenergy is one of ... Read more
enture capital (VC) funding (including private equity and corporate venture capital) for Smart Grid companies increased slightly to $425 million in 57 deals, compared to $384 million in 74 deals in 2014 Mercom Capital Group, llc, a global clean energy communications and consulting firm, released it... Read more
India, France Sign 16 MoUsAn agreement between Airbus Group and Mahindra for manufacture of helicopters and three MoUs under the 'Smart City' theme were among the 16 pacts signed between India and France here today.The Memoranda of Understanding (MoUs), which cover a wide range of sectors like urb... Read more
In what promises to be a game changer for India’s energy security efforts, state-owned NTPC Ltd is developing a battery to store electricity generated from solar power projects. The plan is at the research and development (R&D) stage and India’s largest power generation utility is in touch ... Read more
Pune-based Kinetic Green Energy and Power Solutions Ltd, a venture of the Kinetic Group specialising in green transport solutions, on Thursday introduced its indigenously designed battery operated e-Auto called ‘Kinetic Safar’.Pune-based Kinetic Green Energy and Power Solutions Ltd, a venture of... Read more
e cost of storing energy in batteries could fall by as much as 70% over the next 15 years as new solar battery technology and other technical advances drive prices down, the World Energy Council said on Wednesday.Grid-scale electricity storage would make the variable supply of renewable sources such... Read more
German carmaker BMW has formed a joint venture with heating systems vendor Viessmann Group to offerenergy management solutions and related consulting services. Under the name Digital Energy Solutions, the strategy of the new company will pursue an overarching approach that spans disciplines like ... Read more
India is betting heavily on renewable energy to produce a significant chunk of the electricity necessary to power 8 percent GDP growth, with a much smaller carbon footprint that will be compatible with the country's carbon reduction targets. The government has set an ambitious target of nearly 200 g... Read more
As India looks to bring electricity to the quarter of its population still without it, nonprofit groups are increasingly turning to solar microgrids to provide power to the nation’s villages. But the initiatives so far have faced major challenges, as described here by Fred Pearce, a contributing w... Read more
India has developed super capacitors using indigenous materials for strategic use in defence and space sectors as an import substitute and to overcome energy deficiencies in critical equipment, a senior official said. "We have developed super capacitors of different voltage for specific use in defe... Read more
Japanese energy companies and financial institutions are looking to invest heavily in India, Power Minister Piyush Goyal said in Tokyo on Wednesday. Goyal said companies and lenders in Japan have evinced interest in setting up big solar projects and equipment manufacturing lines in India, which is ... Read more
Infrastructure finance company IL&FS will develop 5,000-mw solar storage parks in Rajasthan in a joint venture with the state government. "The work on first phase for 1,000-mw is underway. The benefits of energy storage to Rajasthan can be immense," IL&FS Energy's chief technical officer Ra... Read more
