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Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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MSEDCL Invites Bids From Across The World For Power From 500 Mw

Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […]

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Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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Growatt Wins “Top Brand PV Storage” Award From EUPD Research

EUPD Research, the well known market research company, has awarded “Top Brand PV Storage” to Growatt in 6 different countries including Italy, Australia, the UK, Scandinavia, the Czech Republic, & Brazil, etc. The award recognises the brand for credibility, market penetration, brand recognition, and satisfaction, in all these six countries. Growatt is included in the […]

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Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog

NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and mea­sures for mitigating climate change. […]

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Ather, SBI collaborate to Widen Financing Options for EV customers

Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […]

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The Top 5: Cryptocurrencies Seeking A Greenwash

Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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