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Poland Aid to LG Chem EV Battery Plant Gets EU Approval

The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […]

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Expanding the Capacity of Solar Cells with Mesoporous Nickel

This new material can be used in many energy-saving applications. Scientists of the Far Eastern Federal University (FEFU), together with Russian and foreign colleagues, have developed samples of nickel mesoporous film structures, which have a useful surface area up to 400 times greater than their solid analogue. This new material can be used in many […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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SWTD Bets on the Success of Solar Boats

Starting in April 2019, the department will launch three solar boats into its service across the backwaters of Kottayam and Alappuzha districts. The State Water Transport Department (SWTD) of Kerala is out to take maximum advantage of the sun, as it plans to introduce three solar-powered boats into its service after the success of its […]

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HyET Solar Seeks to Make In India 300 MW Solar Panels

At the Vibrant Gujarat Global Summit, HyET Solar will sign a memorandum of understanding with the state to set up a solar module manufacturing facility. Dutch foldable solar panel-maker HyET Solar BV seeks to “Make In India” and is eyeing partnerships with existing solar panel makers and a polymer-maker, commercial director of the company Pieter […]

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Okaya Bags Prestigious “Emerging Energy Storage Company of the Year” Award from IESA

Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […]

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Government Panel Proposes 2-Way Strategy to Promote EVs

The panel has recommended a lower basic customs duty on components besides a lower GST rate to encourage manufacturers to take up large-scale production of e-vehicles. A government panel led by cabinet secretary Pradeep Kumar Sinha has proposed an array of incentives for electric carmakers as well as buyers of electric vehicles in an effort […]

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Proposed No Road Tax, Green Permit Issuance for EVs: Amitabh Kant

“For India to successfully move away from fossil-fuel dependence oil companies should become the energy companies of the future,” he said. There should be no road tax for electric vehicles (EVs) and green permit should also be issued for EVs, said Amitabh Kant, Chief Executive Officer, NITI Aayog. Speaking at the Make in India session […]

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Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects

Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […]

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