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energy markets

Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries

Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […]

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bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK

bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […]

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Iberdrola Acquires 3 GW Offshore Wind Pipeline in Ireland

Iberdrola has added to its offshore wind as coast of Co Cork and the Clarus project on the west coast of Co Clare, both to be developed with floating offshore wind technology. Additionally, the Shelmalere project will be located off the east coast and will be developed using fixed foundations. Once operational, the projects will […]

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1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable

In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following […]

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KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia

KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […]

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No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3

The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3.  The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […]

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Solar Industry Hoping for More Elaborate Support From Union Budget

The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […]

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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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