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energy price

Delhi Govt Launches New Scheme Of Incentives To Buyers Of Electric Cycles

Delhi government has finally announced its promised incentive scheme for electric cycles to achieve twin objective of pollution free road transport and reduce pressure on the fossil fuel guzzling transport buses. The new scheme was announced on May 26 and shall be applicable for the first 10,000 e-cycles, both passenger and cargo. According to the []

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Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL

Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March []

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UAE Leads In RE Expansion In Past Decade Worldwide

The Green Fuel Index report released by Compare the Market an Australia-based aggregator has revealed that the United Arab Emirates (UAE) has had the largest increase of renewable energy capacity in the world in the past decade. The report has said that UAEs renewable energy capacity swelled from a mere 13 MW in 2011 []

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Ericsson, Deutsche Telekom successfully operate 5G site with hybrid RE

Ericsson has announced a successful trial on Germanys telecom player Deutsche Telekoms 5G-enabled network and has said that this could pave the way for major advances in sustainable mobile site operations with renewable energy  while optimizing power supply and demand. A major goal of the Ericsson-DT partnership is to identify and validate energy efficiency and []

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Shell and Inaccess to deploy Unity Platform in 100MW Hybrid Project

As part of its global push in the renewable energy space, global energy firm Shell has developed a hybrid asset in the Netherlands in collaboration with Inaccess that would help in monitoring and controlling the renewable energy project. The Shell-developed renewable power plant consists of a 50MW photovoltaic power plant and a 50MW wind farm. []

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SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit

Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along []

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IRENA Lends Voice To Enabling Hydrogen Trade Beyond Borders

The transition towards a more sustainable system based on renewables can be accelerated only by making green hydrogen a global trade commodity, said Francesco La Camera, IRENA Director-General. That the world is slowly but steadily waking up to a green Hydrogen economy is a given now. Addressing the Fifth Meeting of the Collaborative Framework on []

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EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agencys annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could []

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Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia

Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Javas Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of []

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