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China’s CATL To Open German Plant For EV Batteries in 2021

CATL already has strategic agreements with carmakers including SAIC Motor Corp, Geely, BMW and Volkswagen. The world’s largest EV battery maker, China’s Contemporary Amperex Technology (CATL) plans to produce 60 GWh of battery storage by 2026 from its battery plant in Germany, its first production site in Europe. The company will focus on next-generation nickel-rich […]

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Poland Aid to LG Chem EV Battery Plant Gets EU Approval

The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […]

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Power Distribution Sector Needs Skill Development and Soon!

Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […]

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Kazakhstan Launches Largest Solar Power Plant in Central Asia

The 100 MW solar plant, implemented in a short time was developed using 300,000 solar modules from Canadian Solar, according to the country’s Ministry of Foreign Affairs. The opening ceremony of the SES Saran solar power plant was recently held in the industrial center of the Saran, Kazakhstan. With the commissioning of the plant, the […]

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Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA)

High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […]

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Growatt Donates Inverter to Indore Cancer Foundation

Growatt has been committed to corporate social responsibility ever since its foundation.  Growatt, a global leader in inverter technology, has donated its inverter, the 20KTL3-S for the rooftop solar plant at the Indore Cancer Foundation Charitable Trust (ICF), a not-for-profit charitable organisation in central India. To reduce carbon footprint and power its facilities with clean […]

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Google Signs First Solar Purchase Deal in Asia

The world’s largest corporate purchaser of renewable energy has signed a long-term agreement to purchase the output of a 10 MW solar array (part of a larger solar farm) in Tainan City, Taiwan. Google has announced that after signing on to more than 30 solar and wind projects across the Americas and Europe, it has […]

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Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year

There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […]

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EBRD Devoted 36% to Green Financing in 2018

It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […]

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