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Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups

Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […]

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No Impact of Low Frequency Wind Turbine Sounds on Health: Study

The low-frequency sounds made by wind turbines are not damaging to human health despite widespread fears that they cause unpleasant symptoms The low-frequency, inaudible sounds made by wind power turbines are not damaging to human health despite widespread fears that they cause unpleasant symptoms, research published in Finland on Monday said. A number of studies have already concluded […]

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Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV

Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […]

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Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown

With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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India will be a Manufacturing Hub for EVs Within 5 Yrs: Gadkari

India will become a manufacturing hub for electric vehicles (EVs) in next 5 years, said by Nitin Gadkari, the Union Minister for Road Transport & Highways and MSMEs. Minister confidently said that his government is trying to extend best possible concessions to the sector, and has lowered the Goods and Services Tax (GST) on electrical […]

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Sungrow Unveils New Central Inverter at Virtual Show

Chinese inverter manufacturer Sungrow has on Thursday unveiled its new central inverter SG6250HV-MV during a virtual show organised amidst the changing market conditions due to coronavirus pandemic. The company said in a statement that the turnkey station SG6250HV-MV for 1500Vdc system integrated 2 units of outdoor central inverter SG3125HV-30 with medium-voltage transformer and other components […]

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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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MNRE to Form Project Development Cell for Attracting Investments in India

MNRE is constituting its own Project Development Cell (PDC) for attracting investments in India, by the development of investible projects in the country The Ministry of New and Renewable Energy (MNRE) has announced that the Central Government has approved the setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cell (PDC) in […]

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