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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo

The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […]

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China Cuts Electric Vehicle Subsidies To Push Innovation

After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […]

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Siemens Gamesa Commissions Lakshmi Machine Work’s 10 MW Solar Plant

Clean energy solutions provider Siemens Gamesa has commissioned 10 MW solar power project for Lakshmi Machine Works (LMW) in Tamil Nadu. As part of the contract, Siemens Gamesa provided an EPC (engineering procurement and construction) solution that included engineering and design of the solar farm, procurement, erection and commissioning of the 10 MW photovoltaic (PV) solar farm near Coimbatore in Tamil Nadu, […]

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NOAA Fisheries & BOEM Sign MOU on Offshore Wind Energy

The 10-year MOU outlines several areas of mutual interest including responsible planning and siting of turbine arrays, development of sites of offshore wind power and to work with local and regional fishing interests. The National Oceanic and Atmospheric Administration (NOAA) Fisheries, Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of […]

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Okaya Launches All-in-One Solar Power Generation System

Okaya Power Pvt Ltd launches an all-in-one Solar Power Generation System to meet the demand for clean, renewable energy.   A leader in the Indian battery and Inverter segment, Okaya Power has launched a new comprehensive range of Solar Power Generation System (SPGS) with an aim to meet the fast emerging demand from its esteemed […]

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Tata Power Solar Launches Solar Rooftop Solutions in Jaipur

TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […]

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Can Power Storage Become a Real Option for Managing Demand Peaks and Troughs? 

Power Storage – Need of an Hour Nowadays, electricity is generated from many sources including renewable energy, as most of the economies globally are rigorously shifting towards clean and green sources of power generation such as – solar and wind. However, energy generation from different sources has variable outputs. Hence, power storage technologies have immense […]

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