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energy storage

‘Great Response’: Min of Heavy Ind on ACC PLI Scheme’s Pre-bid Meeting

The Ministry of Heavy Industries (MHI) organised a pre-bid conference for prospective bidders for the ACC Production Linked Incentive (PLI) scheme on 12th November, 2021. MHI had earlier released a Request for Proposal (RfP) on October 22, 2021, inviting bidders for a total manufacturing capacity of ACC battery storage of 50 Giga Watt Hour (GWh) […]

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RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030

“Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […]

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UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030

Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […]

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APERC Go Ahead For AP Discoms Purchase of 7 GW Solar Power from SECI

According to a recent notification, the Andhra Pradesh Electricity Regulatory Commission (APERC) has granted Andhra Pradesh distribution companies (DISCOMs) approval of their proposal to procure 7000 MW solar energy in three tranches from the Solar Energy Corporation of India (SECI), permitting them to enter into tripartite power sale agreement (PSA) subject to the determination of […]

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Omega Seiki, Log9 Launch ‘Fastest-Charging Electric 3-Wheeler’

Omega Seiki Mobility, in partnership with advanced battery-tech startup Log 9 Materials, has introduced its first in segment fastest-charging electric 3-Wheeler Rage+ Rapid EV, the company said in a recent statement. The firm has commenced accepting pre-booking for Rage+ Rapid EV in two variants: Rage+ RapidEV Open Carrier Half Tray (discounted ex-showroom price ₹3.59 lakh) […]

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New SiemensGamesa Turbine for Vattenfall’s Big UK Offshore Wind Farms

Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year service agreement. Located between 47 – 72 km off the English east coast, the agreement […]

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Australia Plans $740 M Fund to Develop Low-emissions Tech

Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […]

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Okaya Unveils New Lithium Battery for Home Inverter & UPS App

Get freedom from long and frequent power Cuts with Okaya Royal—India’s First Lithium Battery compatible with all the major make and models of Lead Acid or Lithium battery compatible Inverters, says Okaya. Okaya Power Group has unveiled “Okaya Royale,” a new range of lithium battery for home inverter and UPS. Equipped with cutting edge latest […]

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Magenta Sets Up 6 EV Charging Hubs in Bengaluru

Magenta, an Indian charge point operator (CPO) company, has set up 6 EV charging hubs for commercial fleet vehicles in Bengaluru, spreading them across key locations: BTM Layout, Kudlu, Jigani, Vijaya Bank Layout, Yeshwantpura, and Mahadevapura. With over 150 charging points, the EV charging hub is synced with the Magenta ChargeGrid smart app (available on IOS […]

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