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Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy

Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […]

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HPL reports Q4 FY2022 Results; Jump In Consumer Segment Business

Electric equipment manufacturer HPL Electric and Power Ltd has announced its financial results for the Quarter and Year ended March 31st, 2022. The company has indicated a strong performance in the Consumer segment (B2C) business. According to the official statement released by HP Electric and Power, the wire and cable segment revenue grew by 72% […]

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5 Upcoming Trends that will dominate the power sector in the new fiscal

The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […]

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Multiple Small-Scale Renewable Power Sources Can Lead to Power Failures: UK Study

According to a study published in Science Advances, mathematicians from the University of Nottingham have found that small scale multiple renewable power sources can lead to power failures. The researchers used data emanating from smart meters in the United Kingdom and have come to the conclusion that grid behaviour changed over time and the resilience […]

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Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany

Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […]

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UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report

Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […]

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Enel To Start Selling Electricity Directly To Consumers In Australia

Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […]

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