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Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA

Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […]

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India’s Power Demand Breaks Record at 185.82 GW on Jan 21: Sahai

The all India power demand on Jan 21 reached an all-time high of 185.82 GW beating the previous high from December 30, 2020, at 182.89 GW. The all India power demand on Jan 21, 2021, reached an all-time high of 185.82 GW beating the proviso demand records that was set on December 30, 2020, at […]

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Infineon to Foster Local Entrepreneurship in Green Agriculture

In collaboration with Startup India on Motor Drive Design Challenge for solar pumps Infineon Technologies, a world leader in semiconductors, today announced the commencement of its ‘Infineon Solar Pump Motor Drive Challenge 2021′ initiative to encourage affordable and reliable solar powered irrigation systems for farmers – design and manufactured locally. Organized in collaboration with Startup […]

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StoreDot Launches its 1st Gen ‘5-Minute Charge’ Li-ion EV Battery Samples

StoreDot, a leading innovator and developer of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation ‘5-minute charge’ battery engineering samples. Representing a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the […]

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CERC Finally Restarts, Will APTEL Pick Pace Now?

With the Supreme Court yesterday  allowing the Central Electricity Regulatory Commission (CERC) to resume administrative operations, the stage is finally set for a semblance of normality to return to some of the highest dispute resolution bodies in the Indian power sector. While the CERC was effectively shut down by the SC since August last year, […]

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Ampere Electric Designates Roy Kurian as New COO of Entire EV Business

The electric mobility subsidiary of Greaves Cotton Ltd., Ampere Electric has appointed Roy Kurian as Chief Operating Officer (COO) to oversee the complete E-mobility Business of electric 2-Wheelers (E2Ws) and electric 3-Wheelers (E3Ws). Earlier, Roy was associated with Yamaha Motors for 17 years as the SVP where he was executing strategic direction to the company […]

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Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric

The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […]

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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price

Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […]

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