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electricity act

DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids

The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency.  According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […]

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India Inc Finally Moving To Combat Climate Impact, Says CDP India Report

CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world.  CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […]

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Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory

Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […]

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Proposed Delicensing of Discoms Gets Mixed Reaction in WB

The proposed move by the Centre on delicensing power distribution business to induce competition has evoked mixed reaction. A discom official said it will impact the small consumers adversely and benefit the bulk users. Former West Bengal State Electricity Regulatory Commission chairman R N Sen on the other hand welcomed the reform mooted by the Centre in Electricity Bill (Amendment), 2021 […]

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AIPEF Continues to Rally Against Electricity Bill, Urges CMs to Seek More Time for Comments

AIPEF has urged CMs to seek more time from the government for the submission of comments on the draft Electricity (Amendment) Bill 2021. The All India Power Engineers Federation (AIPEF) has urged chief ministers (CMs) to seek more time from the central government for the submission of comments on the draft Electricity (Amendment) Bill 2021.  “AIPEF has […]

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Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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