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Ashok Leyland Planning two Green Mobility Subsidiaries in India

Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, []

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Will EVs Need Solar To Stretch Range To 1000 miles?

Range anxiety, or the fear of running out of charge on your electric vehicle (EV) with not a charger in sight, or the thought of waiting for hours to get a full charge, has been a real issue for EVs to manage. While it is not faced by manufacturers selling EVs for dense urban environments, []

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ReNew Power Commissions 110 MW Solar Project in Jaisalmer

ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer and signed a PPA with SECI at a tariff of Rs 2.49/kWh. ReNew Power has announced that it has successfully commissioned a 110 megawatt (MW) solar generation facility in Jaisalmer, Rajasthan. As part of the project, the firm has signed a power purchase agreement with Solar Energy Corporation []

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MNRE Invites EOI for Installation of Innovative Solar Pumps Again

MNRE has invited firms to submit EOI for the installation of innovative solar pumps across India under Scheme (KUSUM) operated by the ministry The Ministry of New and Renewable Energy (MNRE) had in June 2020, issued the guidelines for promoting innovative solar pumps, applicable for all Indian innovators/manufacturers/service providers, who wish to include innovative stand-alone []

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Waaree Energy Storage System Secures Seed Funding of USD 2 Million

Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the []

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At 3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at 3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and []

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Norways $1.3 Trillion Sovereign Fund Makes First Green Infra Investment

Norways $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such []

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a []

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PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval

Yet another piece in Indias solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energys proposal for the implementation of the Production Linked Incentive (PLI) Scheme National Programme on High-Efficiency Solar PV (Photo Voltic) Modules for achieving manufacturing capacity of []

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