While renewable energy has made it to manifestos of political parties standing in the Lok Sabha elections, specific concerns by the industry have been left out, despite a concerted appeal by the sector players. On March 18, close to a month before the elections began, members of Clean Energy Access... Read more
India is looking at a mammoth $500 billion worth of investment in creating renewable energy generation capacity with tendering of 500 Gigawatt (Gw) by 2028 in addition to $250 billion investment in grid expansion and modernisation required for uptake of green energy capacity, according to the Instit... Read more
Tesla’s battery supplier Panasonic is considering switching 18650 battery cell production lines, which currently supply cells for Tesla’s Model S and Model X, to 2170 cell production, according to a report from Japan. For a long time, Tesla has been 18650 cylindrical Li-ion battery cells in its... Read more
Hive Energy, a UK-based utility-scale solar developer, has entered into a consortium with vanadium redox flow battery manufacturer CellCube and Immersa to jointly build solar-plus-storage projects in the UK. And the trio already has its first project in the works, expected to complete later this ye... Read more
IT giant Cisco is leading a consortium to demonstrate vehicle-to-grid (V2G) technologies in the UK market. Cisco is leading the E-Flex project, bringing together parties including trade body Cenex, technology provider Nuvve, London’s transport authority TfL and academic establishment Imperial Col... Read more
Government policy think tank NITI Aayog has directed the Ministry of Petroleum and Natural Gas to set up electric vehicle charging infrastructure at nearly 1K fuel stations across India. Citing sources, an ET report said that this move may be difficult for the industry players as they will need to ... Read more
The Solar Energy Corporation of India (SECI)’s solar PV tender coupled with manufacturing component has been extended for the third time. The new bid submission deadline is May 14, 2019. The techno-commercial bids will open on the same date. Earlier, SECI had extended the bid submission deadline ... Read more
If electric vehicles (EVs) must make economic sense to customers, charging them should cost less than a third of what it does now, says India’s biggest homegrown cab-hailing company. Power used for EVs should be billed at Rs5 per kilowatt-hour (kWh), not the current Rs17.7, for financial feasibil... Read more
State Bank of India, the largest bank in the country, has announced that it is slashing the interest rates offered on car loans for electric vehicles (EV). The bank said that it will offer a discount of 20 basis points on the interest paid on the loan. Additionally, borrowers will also get a longer ... Read more
India’s solar power capacity addition is set to grow by about 15 percent to a range between 7,000 Megawatt (Mw) and 7,500 Mw in the current financial year (2019-20) based on the tendering activity and awards of projects in the past 12-15 months. By contrast, the last financial year’s solar capa... Read more
The next growth segment for solar in India is likely to come mainly on farms and railways, provided the Narendra Modi-led BJP/NDA government is re-elected to the National Assembly – the outcome which appears most likely, according to analysts at Wood Mackenzie and Fitch Solutions. Still proclaimi... Read more
South Korean auto major Hyundai is looking at various options for sourcing electric vehicle (EV) components in India, including local manufacturing of battery parts, a top company official said. The automaker, which is present in India through its wholly-owned subsidiary Hyundai Motor India Ltd (HMI... Read more