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energy storage

EV Startup Toutche Expands Its Operations In UK & EU Regions

Indian electric bike (e-bike) start-up, Toutche Plans expansion into new markets and dynamic growth plans overseas. Along with continuing to grow its presence in India, Toutche Electric today announced that it is working on expanding its geographic footprint worldwide, with growth expected in the UK & EU regions. Further gaining its ground in the global […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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Repsol-Enagas Renewable H2 Project Gets EC’s Financial Backing

Spanish energy companies Repsol and Enagas have received the European Commission’s financial support to execute their joint renewable hydrogen production project from photoelectrocatalysis in their Puertollano Industrial Complex. An operational pilot plant is already in production at the Repsol Technology Lab research center, located in Móstoles, Spain. The project combines technology, decarbonization and circular economy, creation […]

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SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21

SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […]

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Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s

QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […]

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Corporates Almost Match Utilities As Solar Installs Hit New High In the US

A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […]

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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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The 7-Point Checklist Before You Finalize Your Rooftop Solar System

Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […]

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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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