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energy markets

India Needs More RE In Power System To Meet Climate Goals: IEEFA Report

A new report by the International Energy Economics and Financial Analysis (IEEFA) asks that India accelerate integration of renewable energy into its power system to meet its climate goals.  The report said that between 2016 and 2022, the share of renewable energy generation in India’s total energy mix increased merely by 6.5 percent. But the […]

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Sterlite Power Scores New Orders Worth INR 1400 Crores

Sterlite Power, a power transmission developer and solutions provider, has secured multiple new orders worth INR 1400 crores across its solutions business that caters to products and specialized EPC, during the last quarter of FY 2023. These new orders, which were won across domestic and international markets, have strengthened the firm’s total order book for […]

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Ampere Electric Scooter Achieves Over Two Lakh Customers Landmark

Bengaluru-based Greaves Electric Mobility Private Limited (GEMPL), the E-mobility division of Greaves Cotton Limited, has achieved more than 200,000 secondary sales of its Ampere brand electric two-wheelers as of the first quarter of fiscal year 2024. The firm says that this achievement highlights Ampere’s commitment to transforming urban transportation and promoting the adoption of electric […]

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Mercedes To Integrate With Tesla’s North American Charging Standard System

Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […]

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Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report

A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […]

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Solis Consolidates Position As No. 3 Inverter Major Worldwide

Ningbo, China based inverter major Ginlong(Solis) Technologies (the company), which broke into the top 3 ranking of inverter sellers last year, has consolidated its position further during the year, maintaining its ranking for a second consecutive year. For Solis, as it is called outside China, the ascent to no. 3 has been marked with a […]

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Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology

The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […]

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ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa

African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […]

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Magenta Mobility Unveils PLENT With 12 Charging Outputs

Magenta Mobility, an Indian Electric Mobility and EV charging solution provider announced the launch of its groundbreaking product designed to meet the growing demand for safe, smart, and cost-optimal EV charging. According to Magenta, EV charger PLENT reduces the cost per charging point, especially for fleet operators and residential societies. The key feature is that […]

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