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EV ecosystem

ReNew Crosses 10 GW Of Gross Renewable Energy Assets

Sumant Sinha led  ReNew, one of the earliest and largest players in the clean energy space in India,  announced on Wednesday that it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW, a major milestone for the firm. Accounting for […]

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DNV Report Studies Role Of Tech Companies In RE Generation

Norway-based DNV has unveiled valuable insights in its report regarding the confidence, sentiment, and priorities prevailing among tech companies in contributing toward renewable energy generation. The report comes at an interesting time, when the rise of AI and the massive data centres it demands have raised the spectre of rising power demand in hitherto stable […]

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LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee

Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […]

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iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam

iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […]

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Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant

Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […]

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NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions

NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy)  Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid.  The prices discovered by NTPC […]

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Statiq, GLIDA Forge Partnership For Electric Vehicle Charging Services

Statiq and GLIDA (formerly known as Fortum Charge & Drive India), the two players in Indian Electric Vehicle (EV) charging service, have partnered to accelerate the adoption of electric vehicles across the country. Through the partnership, all public chargers under the GLIDA charging network can now be used through Static App as well, offering users […]

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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […]

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