Carbon credit

Ola Will Invest $500 Mn In Battery Innovation Centre In Bengaluru

E-Mobility is catching the fancy of the companies across Asia Pacific region, thereby attracting ever higher investments. Following the trend, and adding its own ‘think big’ motto to it, Ola Electric recently announced an investment worth $500 million for setting up its futuristic Battery Innovation Centre (BIC) in the city of Bengaluru. A statement released […]

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Greenko’s Cloud Platform To Offer Discoms Energy Storage Solutions

Hyderabad-based Greenko Group has hit launched a cloud storage platform to offer discoms and industries energy storage solutions on demand. Mahesh Kolli, founder, president, and joint managing director of Greenko Group has been quoted as saying, “While the users can own the green energy project, storage would be offered as a service contract. The company […]

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Delhi Govt Begins Construction Of 14 EV Charging Stations To Achieve Target Of 100

Delhi Transport Infrastructure Development Corporation Limited (DTIDC), an enterprise of Delhi government, has begun to construct the electric vehicle (EV) charging stations at 14 cluster scheme bus depots in order to achieve the ambitious target of opening 100 new EV charging stations across the city by September. The cluster bus depots include Rajghat, Chhatarpur, Dwarka […]

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India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData

A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […]

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US And Australia Ink New RE Pact To Break China’s Stranglehold

The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […]

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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US

Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […]

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Japan Will Include India Into AETI To Help Achieve Green Energy Transition

While it mourns the assassination of Japan’s former Prime Minister Shinzo Abe last week, Japan is looking to aid India to shift to clean energy by expanding a programme it launched in 2021 for Southeast Asian nations, Industry Minister Koichi Hagiuda said recently. Although India was not initially included in the Japan’s ‘Asia Energy Transition […]

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NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects

India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […]

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