India was the second largest solar market in the world surpassing the United States in terms of solar capacity addition in the first half (1H) of 2018. While China added 24.3 GW of solar PV capacity in 1H of 2018, India added 4.9 GW in 1H 2018 and the United States added 4.7 GW of solar PV capacity.... Read more

The government has ruled out writing to the RBI seeking priority status for the renewable sector for limitless borrowing, ET Now learns from government sources. “We believe there is enough liquidity in the financial system for renewable companies to tap into, and have thus decided to not write to ... Read more

Indian government’s commitment to invest in renewable energies is vital to the success of electric vehicles (EVs) in the country, Anil Kumar, managing director of automobile component maker, SEG Automotive India, said in an e-mail interview. “To decrease dependency on imports of fossil fuels an... Read more

The Common Risk Mitigation Mechanism under the International Solar Alliance is on track and will be formally announced at the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 24) to be held in Poland in December. “The Common Risk Mitigation Mechanis... Read more

The World Bank Group committed $1 billion to finance battery-storage systems in developing and middle-income countries and expects its participation to attract another $4 billion in backing from investors as well as public and private funds. The effort also includes a global think tank to study bat... Read more

As evidenced by the fall of the rupee and the widening account deficit, India’s dependence on oil has left it bruised by global forces. In previous oil crises, India had no choice but to tighten budgets. But things are different now; advancing technologies offer a permanent solution to this and an... Read more

Lithium-ion batteries have become essential for powering electric cars and storing energy generated by solar panels and wind turbines. But their drawbacks are also by now familiar: They use scarce minerals, are vulnerable to fires and explosions, and are pricey. A plentiful, safe and more affordabl... Read more

The Central Electricity Regulatory Commission (CERC) has issued an order stating that the enactment of GST laws is covered as Change in Law under Article 12 of the power purchase agreements (PPAs).” The CERC issued the order while responding to separate petitions. The petitions were filed under S... Read more

Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects. The 10MW Lower Road project in Essex and the 9MW Port of Tilbury projects have all land rights, planning... Read more

The "Battery Energy Storage System: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering. The rapidly growing demand of renewable energy sources is the key factor driving the growth of battery energy storage system marke... Read more

The first ever wind and solar hybrid project in India, completed in April 2018, is to be retrofitted with energy storage after strong winds this year led to a curtailment of solar production. Speaking to PV Tech at the REI Expo in Greater Noida, Rahul Munjal, chairman of Delhi-headquartered clean e... Read more

Carbon credits could be used to cut the high costs involved with setting up charging stations for electric vehicles, an industry lobby said on Tuesday. A carbon credit represents a reduction of one tonne of carbon dioxide emissions and would be available for sale in the United States in 2019, the E... Read more