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Inverter Major GoodWe joins United Nations Global Compact

Chinese solar PV inverter manufacturer GoodWe has joined the United Nations Global Compact (UNGC) as a leading renewable energy corporation and has expressed a determined intent to abide by the ten principles in environment, labor, human rights and anti-corruption. The firm is a global MNC today, with a strong market presence across many countries. “We […]

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Okaya Group forays into Electric Two Wheeler Segment

The electric vehicle division of Okaya Power Group, Okaya EV has unveiled a new range of electric two-wheelers (E2Ws) amidst great anticipation and fanfare. ‘Okaya Electric 2 Wheelers’ boasts are equipped with cutting-edge latest technology. On Monday, Okaya announced together with the launch of these E2Ws, Okaya EV has also launched its experience centers in […]

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Stena Recycling to Invest €24.6 M in Swedish Battery Recycling Plant

Swedish recycling company Stena Recycling is planning to invest around €24.6 million in what will be one of Europe’s most advanced battery recycling facilities near its Nordic Recycling Center in Halmstad, Sweden. The Gothenburg-based company described the project as a “new battery recycling process” and said that UK chemicals company Johnson Matthey would add a process […]

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NTPC Releases Tender to Deploy Hydrogen Fuel Cell Buses in Delhi, Leh

In its constant efforts for strengthening its footprint in the clean and green fuel sector, the state-owned NTPC on Monday announced that its subsidiary NTPC Vidyut Vyapar Nigam Ltd (NVVN) has floated a tender for deployment of hydrogen fuel cell buses in Delhi and Leh.  The bid document sale commenced on June 30, 2021, and […]

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Smart Grid Cell to be Set Up in Telangana, says State Regulator

The Telangana State Electricity Regulatory Commission (TSERC) has issued a notification for implementing the TSERC (Smart Grid) Regulation, 2021, to be enforced from the date of its publication in the Telangana Gazette. A smart grid is an electrical grid with automation, communication and IT systems that can monitor power flows from points of generation to […]

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Siemens Gamesa to Supply Turbines for 301 MW Wind Farm in Karnataka

Spain-based renewable energy company Siemens Gamesa has been awarded a firm order to supply wind turbines for a wind farm located in Hombal, in the state of Karnataka, India, with a total capacity of 301 MW. The company has received the project through one of its subsidiaries, and the order comprises the supply of 87 […]

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German Govt Funds Study on Economic Viability of Floating PV

The German Federal Ministry for Economic Affairs and Energy is funding a research project to develop the technology of floating PV systems and investigate its economic viability. The government is partnering with the Fraunhofer Institute for Solar Energy Systems ISE and the Brandenburg University of Technology Cottbus-Senftenberg to carry out the so called “PV2Float project.” Floating PV systems […]

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SECI Wins Crucial Case At APTEL On Trading Margins, For Now

The Ruling against orders by the Delhi and Punjab regulators will be a relief to the central agency. In a detailed 77 page judgement delivered on July 2nd, a two judge bench of the Appellate Tribunal For Electricity  (APTEL) had delivered welcome news to SECI (Solar Energy Corporation of India) on its precious trading margin […]

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IEX Trades 7093 MU in June’21 with 48% YoY Growth

The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […]

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