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How To Use Peak Shaving To Save On Electricity Costs

Background A capacity tariff is going to be introduced on residential properties where you will have to pay for the electrical capacity that you need. This tariff is expected in many European countries, such as Belgium and Italy, and may increase electricity bills for many families. 1.What is a Capacity Tariff? For consumers, including businesses []

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Solis Launches New Hybrid Inverter in South Africa

Solar inverter manufacturer Ginlong (Solis) Technologies, is set to launch its new S6 Advanced Power Hybrid Inverter, exclusively for South Africa. It will be unveiled at the Solar Show Africa 2023 in Johannesburg from April 25 to 26. The firm informs that with added generator connection and control functions, the inverter works as a fully []

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Uttar Pradesh Registers 144% Jump In Electric Vehicle Registrations In One Year

The World Resource Institute (WRI)-India claimed that the registration of Electric Vehicles (EVs) in Uttar Pradesh UP) in the last year had witnessed a jump of 144 percent. The data shared by the clean energy think tank claimed that the three-wheelers segment of EVs in the state is spearheading the EV market share in the []

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X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects

Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the []

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BorgWarner Increases South Carolina Battery Production by 3GWh

Americas one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module []

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NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems

The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC []

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BPCL Targets 240 MW Renewables Expansion This Fiscal

Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by []

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Spains First Hybrid Wind-Solar Plant To Be Brought To Reality By Iberdrola

Iberdrola is building the first hybrid wind and solar plant in Spain that will come up in Castilla y León region in the province of Burgos. Iberdrola held that its constructing two solar PV plants of 41 and 33 MW each. Both solar projects will employ more than 170,000 solar modules and will be located []

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KPI Green, UAE Company In Agreement For Renewable Energy Solutions

Surat-headquartered KPI Group has partnered with Tristar Transport LLC UAE based company for the development of eco-friendly energy solutions for regions like the Africa, Asia Pacific, Middle East, America and Europe. KPI Group that owns KPI Green Energy, and Tristar Transport has inked a joint business development agreement for the purpose. As per []

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