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electric vehicles

Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion

Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […]

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Interface of Solar with DC Technology will help Secure Energy Security & provide green energy: Piyush Goyal

Union Minister of State for Power, Coal, Mines and New & Renewable Energy Piyush Goyal, said that the interface of solar technology with DC technology will help to secure energy security & provide green energy. Goyal further added that this fusion of Solar Technology for providing green energy & energy security can be utilized for […]

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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy

Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […]

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ABB, IIT Madras enters into R&D partnership for microgrids & green energy

ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […]

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IEEE Technology Foresee for the year 2016 – Clean & Renewable Energy Dominant Trend

2016 will witness an increased share of technological innovation in the energy sector with a focus on ‘global clean energy,’ reckons IEEE. The pioneer technology group experts perceives that newer and more efficient ways to consume energy using renewables sources as well as energy efficiency will be one main focus this year. The principal element of this revolution is […]

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Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project

ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project,  respectively. The project, located in Segovia, Spain, is to be […]

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