The Tamil Nadu Energy Development Agency (TEDA) has issued the state’s Solar Energy Policy 2019. The policy targets 9 GW of installed solar photovoltaic (PV) capacity in Tamil Nadu by 2023. The new solar policy includes both distributed and utility-scale solar PV generation. Tamil Nadu Solar Ener... Read more
Hailing the government’s announcement on tax rebate for electric vehicle components, Rahul Walawalkar, President, India Energy Storage Alliance (IESA), told PV magazine, “In line with the vision to make India pollution free, the Government of India has once again shown its commitment to encourag... Read more
Currently, there are 177 projects in Massachusetts’ SMART queue that have a statement of qualification and energy storage as part of their design. These projects total 101 MW / 241 megawatt-hour (MWh). When adding in projects that are already operating, the total reaches 232 projects with 190 MW /... Read more
Electric car maker Tesla has acquired US-based energy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market. According to the report, the offer will ... Read more
A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas. The Switzerland-headquartered technology company has signed a framework agre... Read more
Everybody agrees that storage is turning into big business, and soon, but exactly how big and how soon? According to a report released in Nov 2018 by Bloomberg New Energy Finance (BNEF) the global energy-storage market will surge to a cumulative 942 GW by 2040 requiring a hefty investment of $620 bi... Read more
The interim budget, or vote on account, presented on February 1, 2019, had little in store for the energy sector. While reviewing the achievements made in the previous years, Union minister Piyush Goyal, who stood in for finance minister Arun Jaitley, lauded the increase in installed solar capacity... Read more
To promote domestic assembling of electric vehicles, the government Tuesday lowered customs duty on import of parts and components of such vehicles to 10 to 15 percent. Until now, vehicle parts and components imported for assembly in India attracted an import duty of 15 to 30 percent. The Central B... Read more
Exicom has announced that it has won “Manufacturing Excellence (EV Infrastructure)” award at ‘3RD ASSOCHAM Auto Forum & Awards’ with the Theme “Moving towards a Greener Transportation” held on Monday, 28th January 2019 at New Delhi. The ASSOCHAM Awards are supported by Department of... Read more
Organized theft of power in Delhi for charging of e-rickshaws has assumed serious proportions with discom sources putting the annual losses due to it at nearly ₹150 crore. There are three power distribution companies — BYPL and BRPL of BSES and Tata Power Delhi Dsitribution (TPDDL) -- that supp... Read more
Bangalore Electricity Supply Company (BESCOM) has issued a tender for setting up 100 electric vehicles (EV) charging stations in and around Bangalore. The bid-submission deadline is February 20, 2019. All the charging stations will be AC charging stations. The scope of work includes, “Location su... Read more
From Ashok Leyland’s point of view, well begun is half done. The Chennai-based truck and bus-maker have kicked off 2019 on the right note as its gears up for its electric bus foray in Ahmedabad. This will be part of the AJL (Ahmedabad Janmarg Limited) Bus Rapid Transit System beginning next month... Read more