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energy storage

DHI Increases Incentives for Electric Two Wheelers Under FAME II

In a constant push towards dynamic electric vehicle (EV) adoption in the country, the Department of Heavy Industries (DHI) has brought up some partial modifications in the FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II). DHI has increased the demand incentives by 50 percent for the electric two-wheeler (E2Ws). Hence, […]

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Amit Jain takes Over As Global CEO At Sterling And Wilson Solar

India-based Global Solar EPC leader Sterling and Wilson Solar Limited (SWSL) / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Amit Jain as Global CEO. He succeeds Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Ogra will continue as a Director on the Board of the […]

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Enel Green Power Begins Operating South America’s Largest Wind Farm

One of the leading power and renewables companies, Enel Green Power has announced that it has begun the commercial operations of the 716 MW Lagoa dos Vento’s wind farm in Brazil. It is the largest wind facility currently in operation in South America and Enel Green Power’s largest wind farm worldwide. Enel invested around 3 […]

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Methane Could be a Greater Source of Power In US

Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […]

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Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA

The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […]

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Wind-powered Economical Green H2 by 2030 Possible: Siemens Gamesa

Spanish wind turbine technologies company Siemens Gamesa yesterday released a white paper entitled ‘Unlocking the Green Hydrogen Revolution’ that outlines an ambitious plan to deliver cost-competitive green hydrogen by 2030 from onshore wind and by 2035 from offshore wind. The renewable energy company says that achieving carbon neutrality by 2050 is crucial to fight climate change and […]

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Wind-based Electrification Will Drive Europe to Net Zero: WindEurope

Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […]

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TVS Signs MoU with CESL To Setup EV Charging Stations

TVS Motor Company, one of India’s leading multinational two and three-wheeler manufacturers, has signed a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL), a subsidiary of state-owned Energy Efficiency Services Limited (EESL).  TVS and CESL have signed the MoU to take a step towards the expansion and adoption of the electric vehicle (EV) […]

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Zypp Electric Drives Its Service in Hyderabad Now

Zypp Electric, an EV-based startups focused on last-mile delivery, has announced the launch of its services in Hyderabad today.  The company has started its operation with 100 EV bikers in Hyderabad, the city of Pearls, and one of the leading technology hubs of the country. With this, Hyderabad becomes the first city for Zypp Electric […]

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