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Europe’s First Blockchain Project to Stabilize the Power Grid Launches

The blockchain solution was developed by IBM while sonnen provides the pool of home energy storage systems that form the network and are operated by sonnen e-Services. The intelligent management of the energy storage systems adapts individually to the respective situation in TenneT’s grid. The first pilot project in Europe using decentralized networked home energy […]

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Lithium-Ion Battery Market to Reach Worth $93.1 Billion by 2025: Grand View Research

The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […]

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India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report

Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […]

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Decline in Installation Cost to Drive Growth of Renewable

Global power generation from renewable sources has almost quadrupled in the last 10 years, while global installed renewable capacity had grown by over six times to 770GW by the end of 2016. A significant decline in the cost of installing solar and wind power over the last decade should ensure sustained renewables growth in all […]

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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […]

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Luminous NXi Grid Tied Inverter

Product Brief Luminous NXi Grid Tied Inverters are powerful inverters that convert DC electricity into AC, It is also called On-Grid system which works without battery. The main purpose of Grid tied inverter is to supply power from Mains supply to home/offices and feed the Generation of solar power to mains supply. Product Feature NXi […]

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US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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Grid Management – Re-Balancing Power Generation

Power sector in India has witnessed tremendous growth in its energy demand, generation capacity, transmission and distribution networks. Renewable energy generation in India has been steadily on rise. With 175GW target of clean energy, it became necessary to have a grid that was highly adaptive (in terms of supply and demand). A good electric supply […]

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