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Power Ministry Yields; Proposes Net-Metering Limit of 500 kW

After yielding to the representations received from the industry, the Power Ministry has proposed increasing the net-metering cap to 500 kW. The Ministry of Power had notified the Electricity (Rights of Consumers) Rules, 2020 on December 31, 2020, under section 176 of the Electricity Act, 2003. And since its release, the provision of net metering […]

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And the 2021 BNEF Pioneers Are…

The BloombergNEF Pioneers Competition– an annual technology and innovation contest started in 2010has announced the 12 winners of the 2021 edition of the competition. The winners list includes Convoy, Nautilus Labs, and EConcrete among others which were chosen from over 250 applications received from 36 countries.   Previous winners have ensured the award is a […]

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Statkraft Completes Second Irish Energy Storage Project

The Norwegian utility entered a contract with EirGrid and has commenced providing reserves to the national electricity grid in the event of a sudden drop-off in supply. Statkraft Ireland Managing Director, Kevin O’Donovan said “we are delighted to have completed construction of our second battery project just one year after we energised Kilathmoy, the first […]

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Neoen Secures Financing for Finland’s Largest Wind Farm at 404 MW

Neoen has finalised the financing of Mutkalampi, a 404 MW wind farm in Finland, which will be the country’s largest wind farm on completion. Neoen has announced that it has finalised the financing of Mutkalampi, a 404 MW wind farm in Central and Northern Ostrobothnia in western Finland. Fully owned by Neoen, the project will […]

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Ashok Leyland Planning two Green Mobility Subsidiaries in India

Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, […]

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Will EV’s Need Solar To Stretch Range To 1000 miles?

Range anxiety, or the fear of running out of charge on your electric vehicle (EV) with not a charger in sight, or the thought of waiting for hours to get a full charge, has been a real issue for EV’s to manage. While it is not faced by manufacturer’s selling EV’s for dense urban environments, […]

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […]

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PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval

Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […]

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Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future

Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […]

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