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solar and storage

Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked

The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […]

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Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan

Fluence Energy has announced a strategic partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, wherein the two companies will deploy a 100 MW battery-based energy storage system in Hualien to support Taipower’s automatic frequency control (AFC) services. Fluence Energy is a leading global provider of energy storage products and services, and digital […]

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EV Batteries in 5% GST Bracket to Support Faster Adoption

The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […]

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Log9 Materials Showcases It’s Full EV Range At Expo

Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery)  is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […]

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China Underlines Renewables Dominance With Best Ever Global Inverter Rankings

Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […]

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ABB & Microsoft Tech. Are Coming Together for Making Society Energy Efficient

Switzerland-based, Asea Brown Boveri (ABB) has announced its collaboration with Microsoft Techto work on ‘Energy Efficiency Movement’.  ABB launched this movement in March 2021, by which ABB raised awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. This is a multi-stakeholder initiative. Till now many small firms and companies […]

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Electric Pickup Trucks: Everything That Concerns You

Times are changing, and electric vehicles are inexorably gaining in popularity. Consumers seek an alternative to the high gas prices which is sustainable, and automakers push to reduce private transportation’s dependence on fossil fuels. Electrification of mobility efforts started with hatchbacks, sedans, and even crossover SUVs. The wave finally hit one of the world’s most […]

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Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]

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