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Report Projects India Will Exceed its Paris Agreement Target

A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Stable Prices for Lithium Could be Good News for India’s EV dreams

From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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Volkswagen Will Convert its Components Plant to Develop EV Charging Stations

The planned transition to e-mobility will allow the plant to accomplish the urgently needed transformation and will contribute to safeguarding employment and sustainably strengthening the financial situation of the Hanover components plant. Volkswagen Group has announced that it plans to start mass production of flexible and fast electric vehicle charging stations by 2020, and the […]

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Volvo Researches on E-Bus Batteries Used to Store Solar Energy

Volvo Buses is taking part in a research project whereby used electric bus batteries get a second lease of life as solar energy storage units. The inauguration of what is probably Europe’s first ever energy warehouse using electric bus batteries is currently under way. The batteries from electric bus in Gothenburg and Sweden, are getting a […]

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Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd

Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […]

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BMW Brilliance and CATL Signed Strategic Cooperation Agreement

BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […]

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