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Electricity Market

OEMs Need To Focus More On Better Financing Options For EVs.

Etrio, an EV player, aims to be an affordable and accessible electric form of mobility for everyone. With over 30+ partnerships with leading e-commerce and logistics players the EV company is hoping to play a key role in the burgeoning EV segment in India by bringing a wide range of quality electric vehicles. Deepak MV, […]

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MERC approves MSEDCL To Procure At Rs 3.05 For 111 MW Solar projects under MSKVY

In an order issued last week, the Maharashtra Electricity Regulatory Commission (MERC) gave its approval to Maharashtra State Electricity Distribution Company Limited for starting the procurement process of 111 MW of grid connected Solar power projects under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ (MSKVY). The order covers a total of 33 respondent firms who had […]

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India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030

There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […]

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Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg

Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […]

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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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Green Hydrogen Powered India: From Vision to Reality

Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India  The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […]

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Europe & US Boost Their Domestic Wind Energy Industries

Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […]

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Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power

Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […]

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