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smart electric vehicles

Energy Storage Market to Touch 70 GW by 2022

The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […]

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The Gospel of Distributed Energy Storage

A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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VELCO, IBM Announce the Creation of Utopus Insights for next generation of intelligent energy solutions

Under an agreement between VELCO and IBM Research, IBM Research’s Smarter Energy team, as well as related intellectual property and technology, will become part of Utopus Insights Vermont Electric Power Company (VELCO) and IBM have announced the creation of Utopus Insights, Inc. Utopus Insights, based in Valhalla, NY is a new company that will strive […]

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Narada Completes the 1st Commercialized Energy Storage System in China

Energy Storage System is one of the key technologies applied to Smart Grid, Distributed Generation, Renewable Energy Integration, Micro-grid, as well as development of Electric Vehicles Narada Power Source Co., Ltd. has announced that it has successfully put into service a large-scale Energy Storage System (1st Phase: 1.5MW/12MWh), designed and constructed by for GCL Silicon. […]

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Space Technology to Fast-track Prime Minister Modi’s Energy Access goals in India

India Energy Storage Alliance announces collaboration with European Space Agency to explore applications of space technologies for accelerating energy access in India Microgrids – distributed systems of localized generation, distribution network and load – are being increasingly deployed particularly in rural areas of emerging and under-developed countries to achieve energy access. Approximately 87 % of […]

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Goodyear’s Eagle-360 Named One of 2016’s Best Inventions by Time Magazine

The Goodyear Tire & Rubber Company’s Eagle-360 concept tire has been named one of Time magazine’s “Best Inventions of the Year 2016.” Each year, Time magazine’s technology editors list the year’s “best inventions that are making the world better, smarter and—in some cases—a little more fun.” This year’s list includes 25 inventions, which in addition […]

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Mercedes-Benz Energy Storage Launched in US

Daimler AG expanded its stationary energy storage business to the U.S. market with the launch of Mercedes-Benz Energy Storage. Newly established Mercedes-Benz Energy Americas, LLC is assuming the development and sales of stationary energy systems for residential, commercial and utility applications for the North-American market. The company has Boris von Bormann, U.S. solar industry expert as […]

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Hanergy introduces four solar powered cars

Hanergy has launched four solar powered vehicles at a grand ceremony themed “Disruptive Innovations Drive the Future” in Beijing on 2nd July 2016. The company launched a sports car named “Hanergy Solar R” alongside the Hanergy Solar O, Hanergy Solar L and Hanergy Solar A at the event. Li Hejun, Board Chairman and CEO of […]

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