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Energy Transition

IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs

The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […]

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HIRA Group’s 70 MW Captive Plant Commissioned By EPC Firm Oriano Solar

Oriano Solar, a Mumbai-based Solar Power Development and EPC company, has launched one of the largest captive solar projects under the C&I Segment in Chhattisgarh. The project’s first phase, with a capacity of 70 MWp, was put into service on August 6, 2022, and its overall capacity is 172 MWp. The solar power plant has […]

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IRENA Report on Renewable Power Generation Costs in 2021

International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […]

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Charging Infrastructure: The Backbone That is Driving a Transformation

By Varun Goenka With global oil prices skyrocketing and petrol and diesel costs going up almost on a daily basis, there is an urgent need to switch over to a more sustainable energy option. Recognizing this, the Indian government has been actively trying to promote the use of electric vehicles (EVs). The Centre and several […]

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Hygenco & Jindal Stainless Collaborate for Green Hydrogen

Haryana-based Green Hydrogen solutions developer, Hygenco India has signed a long-term green hydrogen offtake agreement with Jindal Stainless Limited. Under the terms of the agreement, Hygenco will be responsible for building, owning, and operating a multi-megawatt green hydrogen facility for 20 years. Jindal Stainless Ltd will be able to reduce its carbon emissions by approximately […]

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Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary

Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […]

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AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO

Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […]

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Superior Battery Swapping Infrastructure Can Change the Entire EV Ecosystem

This year’s Budget was very important for the EV Industry as the Indian government has introduced a battery swapping policy and created higher standards for the growth of India’s electric vehicle (EV) ecosystem. The battery swapping policy and interoperability standards for electric vehicles (EVs) announced by the government in the Budget aim to address one […]

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Property Manager CBRE To Focus On Solar, Battery Storage

Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […]

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