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demand and supply

Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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For GoodWe, Global Award Vindicates Early Move Into Storage Inverters

GoodWe was recently awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test. While the recognition was welcome for the firm, what most people may not know is that GoodWe had complete a decade in the energy storage industry. As one of pioneers, the firm has […]

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Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen

Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […]

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Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings

The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […]

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Omega Seiki Plans To Lease 5,000 EVs By 2023

Delhi-based end-to-end mobility solutions provider, Omega Seiki has formed a strategic partnership with Grip Invest for lease financing to retail investors. With this partnership, Both companies will try to make the electric vehicle’s delivery more smooth & easy in the last mile delivery segment. Commenting on the partnership, EV manufacturer OSM said that Gripp Invest […]

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Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy

Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […]

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Senior Sourcing Manager (Electrical)

The Senior Sourcing Manager, Electrical will be based in Hyderabad. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Sr. Director of Global Sourcing, however, will also collaborate with other team members daily. The Senior Sourcing Manager, Electrical will […]

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Battery Related Fires Singe Sale of E Scooters In May

The surging demand for electric scooters seems to have been affected by the spate of battery fires across the country since summer started in earnest. Quality concerns have definitely come to the fore among prospective customers. While rising petrol prices have been pushing more and more people to shift to an electric scooter, the recent […]

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