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Energy Sector Yet to Realise the Full Potential of Intelligent Automation

The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […]

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NTPC Granted Electricity Trading License by CERC

CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […]

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Jakson Launches Lithium Powered Hybrid Energy Storage System

Jakson today announced the launch of a compact Hybrid Energy Storage System (HESS) for residential and commercial users to harness the benefits of solar energy more effectively and efficiently. The launch event was held in Chandigarh and attended by senior industry professionals and members of Jakson Senior Leadership team. Jakson HESS is a new age […]

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Wind Majors Come Together For Africa Task Force

The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […]

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EESL Registers 70% Consolidated Revenue Growth in FY19

EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […]

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Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report

According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […]

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Flexible Lithium Textile Battery Could be a Breakthrough in Wearable Tech

The lightweight Textile Lithium Battery offers high energy density and excellent flexibility.  A group of scientists at the Hong Kong Polytechnic University has developed a thin, highly flexible textile lithium battery that could safely power wearable electronics used in healthcare monitoring, smart clothes and Internet of Things (IoT).  The battery, which is less than 0.5 mm […]

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Fortum and Nordkraft JV to Target Norwegian Wind Power Development

Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been successfully co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market. “Fortum’s goal is to grow substantially in the Nordic wind and Norway […]

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EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF

However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […]

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