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Solar Thermal Industry Welcomes GST Reduction to 5%

On expressing optimism on market growth, Malaviya added that “with this reduced GST, the end product will become economical for the consumer and it is expected the market to witness growth.” In order to provide much awaited relief to the solar thermal industry, the Union Minister for Finance & Corporate Affairs Nirmala Sitaraman has recently […]

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Need to Breed, Encourage Innovation at Grassroots Level: Sahil Shanghavi

For India to become a battery or any other storage technology manufacturing hub, we need to breed and encourage innovation at the grassroots level. Both public and private sectors need to collaborate closely with researchers at various institutes in India and fund different ideas in order to come up with better technology than what exists […]

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Recycling Lithium-ion Batteries a $1,000 Mn Opportunity in India

The lithium-ion batteries market is expected to grow exponentially in the next five years in India, and a new analysis has predicted the recycling of such batteries could present a USD 1000 million opportunity by 2030 The lithium-ion batteries market is expected to grow exponentially in the next five years in India. Some of the […]

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Wind Power Capacity in Eastern Europe & Russia Increased by 17% QoQ

According to a new report, there was a 17 percent wind power capacity increase Quarter over Quarter (QoQ) in Eastern Europe and Russia. According to a new report, an auction-triggered awakening in Poland and a growing confidence in developers’ ability to comply with local content requirements in Russia led to a 17 percent wind power […]

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Apple’s China Clean Energy Fund Invests in 3 Wind Farms

Apple backed China Clean Energy Fund has invested in three wind energy farms in the country with a combined capacity of 134 MW. Apple has announced that the China Clean Energy Fund, which it had launched along with 10 of its suppliers in China has invested in three wind energy farms in China with a […]

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Wind Turbine Market to Grow at 2.9% CAGR to 2023

A new report says the wind turbine towers market is expected to grow at a CAGR of 2.9 percent between 2019 and 2023 A new report has predicted has revealed that the wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9 percent between 2019 and 2023, thanks […]

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Honda Signs Renewable VPPAs to Power North American Business

Honda has announced that it has agreed on two VPPAs to power its North American operations using wind and solar power. Automotive manufacturer, Honda has announced that it has agreed on two virtual power purchase agreements (VPPAs) to power a portion of its North American operations using wind and solar power. The VPPAs are for […]

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Modi Traces India’s Steps in Sustainability at UN

While addressing the UN climate summit on Monday, Prime Minister Narendra Modi reiterated that action taken so far is not enough. Prime Minister Narendra Modi counted the steps India has taken so far on sustainability in his address at the UN climate summit on Monday but added that what we have done already is far […]

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Modi at UN: India to Increase Non-Fossil Fuel Target to 450 GW

PM Modi further added that the current actions are inadequate and we need a behavioral shift in combating climate change. Prime Minister Narendra Modi made a big announcement at the UN Climate Summit about India doubling the share of non-fossil fuel capacity. Prime Minister Narendra Modi was warmly welcomed by US President Donald Trump just […]

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