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Distribution the Weakest Link in India’s Power Sector: IEEFA

A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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EV Makers, Utilities Joining Hands for Charging Infra in India

In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […]

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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025

Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […]

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Eversource, National Grid Propose Transmission Solutions for Greater Boston

National Grid & Eversource have submitted proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability National Grid and Eversource have announced that they have submitted a range of proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability, increasing capacity for the flow of new clean energy resources, […]

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Centrica and VW Announce EV Enablement Partnership in UK

Centrica, Volkswagen (VW) set to accelerate EV adoption across the UK, after agreeing on a 3-year partnership to provide home charging solutions for new owners Centrica, the UK’s biggest energy company, and the Volkswagen Group (VW), one of the world’s leading automotive manufacturers, are set to accelerate EV adoption across the UK, after agreeing a three-year […]

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Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity

The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […]

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India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence

Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […]

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