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Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend?

Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […]

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DNV Introduces Wind Control JIP Entailing Major Firms, Wind Farm Owners

Norway-based energy management firm DNV has introduced a Joint Industry Project (JIP). The JIP includes  owners of wind farms, turbine manufacturers and other profesionals from the wind energy sector. It has been formed with a view to augment confidence in wind farm control (WFC) technology, which entails models and procedures needed to control each turbine […]

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Gazelle, WAM Join Hands for Offshore Floating Project in Portugal

Ireland’s firm Gazelle Wind Power has joined hands with developer of renewable energy WAM Horizon. The partnership between the two firms will give an impetus to the establishment of a floating wind pilot, off Portugal. Portugal-based WAM Horizon specialises in offshore wind. A holding firm for WAM Investments, which delves into the development of renewable […]

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Statiq to Build 500 EV Chargers for HPCL Across 12 States

Electric vehicle charging network startup Statiq has announced that the company has received a contract to develop more than 500 electric vehicle charging stations for state owned oil marketing company HPCL. As per Statiq, these EV chargers will come across 12 states of India: Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, […]

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Sushil Virmani is New Managing Director of Best Power Equipments (BPE)

End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […]

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US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law

The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […]

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CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit

The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […]

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Chinese Equipment Maker Mingyang Wins First Japanese Offshore Wind Deal

In what is likely to be seen as a key milestone for Chinese Wind Energy manufacturing, Ming Yang Smart Energy Group, a Chinese maker of wind power equipment, said it has shipped its turbine generator system to Nyuzen-machi Offshore Wind Farm, the first Japanese offshore wind power project to use turbines made in China. Mingyang […]

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Ascend Elements Opens Largest EV Battery Recycling Facility of North America

As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […]

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