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First Solar

Delhi’s Roads Get New 200 EV Three Wheelers From Three Wheels United

Karnataka-based EV tech-enhanced financier, Three Wheels United (TWU) is strengthening its presence in the Delhi EV industry with the deployment of 200 EV three-wheelers in its fleet. To make the transition from conventional to EV three-wheelers as seamless as possible, Three Wheels United has been actively engaging with Delhi auto-rickshaw drivers over the past few […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities

Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […]

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Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector

 In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem.   India’s goals for renewable energy will depend heavily on […]

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Kia Installs India’s Fastest EV Charger In Gurugram

Giving a fresh fillip to the charging infrastructure in the country, auto giant Kia has said that it has installed India’s fastest electric vehicle charger at one of its official dealerships – Dhingra Kia – in Gurugram, Haryana. Kia has said that it will be installing as many as 15 such superfast electric vehicle chargers […]

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The Netherlands Urges Cuts In energy Consumption To Reduce Russian Influence

Even as European Union countries focus on expanding the renewables in their energy mix to reduce their dependence from the Russian oil and gas products, the Netherlands government is seeking cuts or greater efficiency from its largest consumers from 2023 onwards to reduce dependence. That is a welcome approach, instead of the failure to look […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan

Fluence Energy has announced a strategic partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, wherein the two companies will deploy a 100 MW battery-based energy storage system in Hualien to support Taipower’s automatic frequency control (AFC) services. Fluence Energy is a leading global provider of energy storage products and services, and digital […]

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ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu

ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […]

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