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Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF

Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called  ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […]

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Pension Manager Railpen Buys BayWa r.e. Solar Farm in UK

One of the United Kingdom’s key pension managers – Railpen – has announced that that it has acquired a Cambridgeshire solar project from BayWa r.e. that has furthered its renewable energy expansion. Global renewable energy firm BayWa r.e. previously owned the Bracks solar farm which is a 30 MWp project that will generate clean energy […]

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GE Mulls Building 2 New Offshore Wind Factories in New York

Clean energy conglomerate GE Renewable Energy has said that it has submitted a plan to construct two new manufacturing facilities in New York if the company wins a sufficient volume of orders from customers in the State’s ongoing solicitation for up to 4.6 GW of offshore wind. GE said that it will be building the […]

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Sunlit Power, Lucas TVS Collaborate For Supply Of 50,000 EV Motors

Sunlit Power has announced that it has partnered with Lucas TVS and under the terms of the collaboration, it will supply 50,000 electric vehicle motors and controllers manufactured by the TVS Group firm to many industries. Sunlit Power is a storage battery manufacturer and distributor. The company manufactures the ARENQ brand of batteries. As per […]

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Fractal EMS and You.On Integrate Largest BESS in Brazil

US based Fractal EMS Inc and You.On have announced that they have completed the integration of the largest battery energy storage system (BESS) in Brazil that has a capacity of The 30 MW/60 MWh. You.On is a Brazil based firm specialising in storage solutions. The official statement of Fractal EMS held that the BESS project […]

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EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023

Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […]

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NTPC BoS Tender For 1000 MW Solar Projects

National Thermal Power Corporation (NTPC) Renewable Energy has issued a mega tender for Balance of System (BoS) package for the development of solar energy projects of 1-GW in India. The tender envisages land for ISTS (interstate transmission system) – connected solar projects upto 1,000 MW anywhere in India except Rajasthan. The NTPC tender document also […]

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The Top 5: Steps To Ensure High Performance From Your EV Battery 

For an EV, the battery is the most critical component. Even from a cost viability perspective, the battery’s cost constitutes around 30-40 per cent of the total cost of an EV. Thus, getting the best possible performance and longevity from the battery certifies the worth of the EV too. This article outlines the five steps […]

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