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Electric Tractor Market Untapped In India: Kaustubh Dhonde, CEO-AutoNxt

How do you see the current ecosystem of electric tractors in India?  Kaustubh Dhonde: The ecosystem of electric tractors in India is in its nascent stage but shows immense potential for growth. As one of the pioneers in this field, AutoNxt Automation is leading the charge with innovative solutions like our autonomous electric tractor, “Hulk.” […]

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Li-Ion Batteries To Face Competition From Long-Duration Storage: Report

Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […]

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Saatvik Solar Adds Bhasu Energy As Channel Partner For Telangana & AP

Haryana-based, Saatvik Solar, an Indian Solar PV module manufacturing brand has added Bhasu Energy System LLP as a dedicated channel partner for Saatvik Solar, leveraging its network and expertise to enhance the accessibility of solar PV modules throughout Telangana. The move follows the expansion of Saatvik’s manufacturing capacity to 3 GW. By joining hands with […]

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Sunniest Countries Failed To Tap Solar Power: EMBER

Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […]

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The Top 5 Challenges For Green Hydrogen To Overcome

Hydrogen as a source of energy isn’t a new concept and is dubbed as a potential alternate energy source for over a century now. However, most hydrogen produced today is generated using fossil fuel energy, a source to about a billion tons of CO2 emissions equivalent per year. The concept of green hydrogen, promising considerable […]

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Green Financing A Boon For Clean Transmission Projects: Sharib Razi

What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […]

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Panasonic Energy Reports 15.45% Revenue Growth In FY23-24

Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […]

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Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad

Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […]

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US Plans To Invest USD 3.8 Billion In India’s RE Infra

US Ambassador Eric Garcetti recently shared International Development Finance Corporation plans to invest USD 3.8 billion to meet India’s renewable energy and infrastructure goals.  He said, while addressing an event on ‘Indo-US Space Co-operation’ in Mumbai, he extended support to support renewable energy and infrastructure goals. He underscored the collaboration between the US and India […]

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