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Hyundai Partners with UL for Safe Deployment of Second Life BESS

The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […]

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Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport

Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […]

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CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT

In a stock exchange filing, CESC Limited has informed that  Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […]

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Solar Cells with Ferroelectric Crystal Lattice Produce 1,000 Times More Power

Researchers from Martin Luther University Halle-Wittenberg (MLU), Germany, have developed a lattice arrangement of three different layers of ferroelectric crystals that induced a powerful effect in solar cells. The researchers believe that on integration with the ferroelectric crystal lattice, the solar cells can become thousand times more powerful. They say that combining ultra-thin layers of […]

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IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21

Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […]

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Li-Ion to Stay The Dominant Storage Standard For India Upto 2030-Report

According to a report by Gurugram-based research and consulting firm Praxis Global Alliance, Lithium-ion technology will drive growth of stationary storage within Battery Energy Storage Systems (BESS) of India over the next 10 years.  The assertion comes even as progress on other battery chemistry’s, be it Sodium ion or even Iron, continues apace. The report […]

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NSEFI Welcomes APTEL Judgement Outlawing PPA Curtailment

The National Solar Energy Federation of India (NSEFI) has welcomed the judgement of Appellate Tribunal For Electricity (APTEL) in the matter of “deemed generation” filed by the NSEFI on the behalf of its members against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order passed in March 2019, denying the said deemed generation. NSEFI is a […]

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GoodWe Adds Another Success Story, In Gujarat This Time

Inverter firm GoodWe, one of the leading players in the rooftop segment until now, has been making strong progress in the broader C&I space and ground mounted space too. The Saurashtra region of Gujarat, a solar hotspot for India now, with its strategic geographical advantage of abundant sunshine throughout the year has been  happy hunting […]

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Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s

Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […]

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