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ET Energy

Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs

Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […]

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3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia

Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […]

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EV Ride Hailing Platform BluSmart Raises $7 mn in Funding

Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […]

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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector

CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […]

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ReneSola Forms JV to Establish 3 GW Solar PV Manufacturing Facility

ReneSola and Zhongnan Industry have decided to enter into a JV to set up a Solar PV manufacturing facility with an annual production capacity of 3 GW in China. ReneSola, a world reputed Solar PV Module manufacturer & Zhongnan Industry, a well-known conglomerate in China, has decided to enter into a joint venture (JV) to […]

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First World Solar Technology Summit Kicks Off Today

The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […]

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