The Union Cabinet has cleared a Rs 10,000-crore programme under the FAME-II scheme for promotion of electric and hybrid vehicles, Finance Minister Arun Jaitley said Thursday. The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme with an outlay of Rs 10,000 crore over... Read more
German engineering giant Siemens has furthered its involvement in the stationary energy storage industry, becoming the latest ‘big player’ to launch a range of home battery energy storage systems. The company already provides its Siestorage brand of containerized energy storage and since just o... Read more
Ola, Uber ’s key rival in India, is doubling down on electric vehicles after it spun out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and is described as being an independent business that’s backed by Ola. TechCrunch understands... Read more
Are satellites the solution to reducing costs for off-grid microgrids? The European Space Agency (ESA) and the India Energy Storage Alliance (IESA) intend to investigate the idea through the recently launched Space4Microgrids – India. The program will use satellites to cut microgrid costs so that... Read more
To help the electric vehicle (EV) sector grow in Uttar Pradesh, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed tariffs for EV charging stations in the state. The proposal is up for comments up to March 6, 2019. The UPERC will hold a public hearing to discuss the matter on M... Read more
Delhi Finance Minister Manish Sisodia on Tuesday allocated Rs 100 crore for the State Electric Vehicle Fund in the Budget for 2019-20, a measure termed a "positive start" by E-vehicle manufacturers. Sisodia, in his Budget speech, said vehicles contribute to approximately 40 per cent emission of PM ... Read more
Ministry of New and Renewable Energy (MNRE) has announced that it has received President of India’s approval for the continuance of renewable energy research and technology development (RETD) program for execution through 2017-18 and 2019-20 at the budget of Rs.1.75 billion ($24.70 million). The ... Read more
India’s aim to bring about an emobility revolution seems like a far fetched dream judging from the current situation. From the lack of clear electric vehicle policy to the absence of charging infrastructure, the country has a long way to go. Now, a survey by Maruti Suzuki reportedly showed that In... Read more
Supply-side constraints may prove to be an obstacle in battery-driven electric vehicles becoming the only technology for future mobility in India and hydrogen-powered fuel cell EVs could become a complementing technology in future, according to a study by KPMG.In a report titled 'Automotive fuel: Ra... Read more
Upcoming snap elections in Spain will decide whether newly-proposed measures including a nation-wide 6GW boost to energy storage become a reality. Draft climate change legislation green-lighted by Spanish ministers last Friday mandates a 3.5GW increase in pumped storage capacity by 2030. This, acc... Read more
Legislators in Minnesota have begun the first steps to establishing fair or optimal market conditions for the deployment of energy storage, setting out rules for determining the value of storage to the network. Last week, five Senators unanimously passed Senate File 100 (SF100) which will set out c... Read more
As vehicle electrification has started gaining traction, it opens new mobility avenues for India to tap into. At present, electric vehicles represent a magnitude of growth never seen before and India is all set to position itself as a leader of the EV marketplace. However, to ride on the electric w... Read more