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Rays Power Infra Enters Solar Retail Segment

Rays Power Infra plans to launch around 10 operational stores in the first year of its operations, and expand to over 70 stores by 2020 covering major cities in India. Delhi based solar engineering, procurement and construction (EPC) company, Rays power Infra has ventured into the retail sector of the solar market after being a […]

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Greek Island First in Mediterranean to use Renewable Energy

The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […]

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Exicom Bags NTPC Tender for EV Charging Infra Development at Jabalpur

Further, the charging infrastructure shall comprise of 120 kW and 50 kW EV Off-Board DC Chargers of CCS Standard for electric Buses. Gurgaon-headquartered Exicom has won the NTPC Tender for development of charging infrastructure for electric vehicles (EV) at Jabalpur in Madhya Pradesh. Further, the charging infrastructure shall comprise of 120 kW and 50 kW […]

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EVs and Self-driving Cars Soon to Ply on Dubai Streets

The strategy involves both short-term plans and ‘urgent steps’ to be taken over the next 12 months, as well as long-term plans that look forward up to the year 2040. Dubai’s Roads and Transport Authority (RTA) has approved new testing standards for electric, hybrid and self-driving vehicles in order to contribute in the development of […]

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BEST to Set up World’s First Thermal Battery Plant

World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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Tesla May Build New Factory in Europe

The plan to build factory in Europe followed Tesla’s June revelation to construct a factory in Shanghai which would add to its production capacity. Major electric vehicle maker, Tesla is thinking to build a major factory in Europe following talks with officials of Germany and Netherlands. The new factory in Netherlands, if successfully built, is […]

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SMEV Seeks Efficiency Based Subsidy for EVs

SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […]

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Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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