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energy storage

Cost of Renewables in China to Match Coal Power by 2026: Report

According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […]

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Okaya Power Unveils New Range of Lithium E-Rickshaw Battery

As part of its limited period introductory inaugural offer, the company is offering its customers lithium battery charger worth Rs 10,500 for free with each lithium e-Rickshaw battery unit till stock lasts. Okaya Power Pvt Ltd, an arm of Rs 7 billion Okaya Power Group, has launched a new range of Okaya Lithium e-Rickshaw battery, […]

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After Slow Down, Tesla Restarts Solar Business With Rental Plans

Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […]

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Sungrow Supplies Central Inverters for Argentina’s Largest Solar Plant

Also, the project is expected to supply approximately 240 GWh of clean energy to the Argentinean power system every year. One of the global leading inverter supplier for renewable, Sungrow has supplied its 1500Vdc central inverter solutions for Argentina’s largest solar plant. The 100.1 MWp solar plant came online in Cafayate of Salta Province in […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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Tata Power-DDL, CEEW Ink Pact to Accelerate RE in Delhi’s Micro-Grids

This collaboration will also help in achieving Delhi’s 1 GW target of solar generation by 2020 and 2 GW by 2025, in accordance with the DERC guidelines for the implementation of group net metering and virtual net metering framework. In order to evaluate and accelerate the integration of decentralised renewable energy into Delhi’s power grid, […]

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India Will Raise Import Duty on Solar Equipment Soon: R K Singh

India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […]

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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […]

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