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Policy Incentives are Crucial for Energy Storage in India: IESA

The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […]

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UP Govt Working on Installation of 8000 Solar Borewells in the State

The UP Government plans on installing 8,000 solar-powered borewells in the state, almost 35 percent of them would come up in the Purvanchal district. The State Government of Uttar Pradesh (UP) has announced that it plans on installing 8,000 solar-powered borewells in the state in the coming days. As per the details provided almost 35 percent […]

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Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs

Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […]

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Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh

RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […]

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Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved

The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […]

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EVs Deployed by EESL Have so far Mitigated 5604 Tonnes of CO2 Emissions

EESL has already deployed 1514 EVs on road to date, which have aided in the reduction of 5604 tonnes of CO2 emissions so far. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Ministry of Power, is combating the air pollution in the nation by driving India’s e-mobility transition. In continuation of […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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Waaree Bags $105 Mn Order in California for Supply Solar Modules

Waaree Energies has received an order to supply solar modules worth more than 300 MW for a project under development in California, USA. Waaree Energies Ltd, one of India’s largest solar panel manufacturers has announced that it has received an order to supply solar modules worth more than 300 MW in California USA. The modules […]

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