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Auto Component Hub Thailand Plans EV Package

The Thai cabinet is considering tax cuts and subsidies to boost Thailand’s EV market. The idea is clear. To ensure that the South East Asian country remains a hub for component manufacturing, even as the era of ICE vehicles ends over the coming decade and more.  The move comes even as Thailand faces a fresh […]

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Senior Manager/Manager – O&M

Responsibilities:- For all solar and wind sites preparing, executing, tracking of Preventive maintenance plan as per contract with SPV. Monitoring and maintaining all the spares and consumables as per contract at all sites Supporting procurement team for vendor identification, selection and spares/consumables specifications finalisation to optimise the maintenance/consumables cost Supporting site team in breakdown down […]

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Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million

Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […]

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IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others

Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries.  According to the firm, growing demand […]

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APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs

In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […]

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After a bruising 2021, Wind Energy suppliers hope for a better 2022

2021 was a difficult year for the Wind energy industry.  Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy  was best exemplified by Siemens Gamesa, […]

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CERC pushes Developers to settle Change in law issues with SECI directly, not in court

In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […]

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India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […]

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Toyota’s New e-SUV Comes Equipped with Toshiba’s LTO Battery Tech

The Toyota bZ4X has made its European debut as a production-ready vehicle and will hit European roads in 2022. A battery electric compact crossover SUV, Toyota’s new e-car equips itself with a 20Ah-HP SCiB li-ion battery, which uses Lithium titanium oxide (LTO) chemistry and is produced by Japanese brand Toshiba. Toshiba’s battery comes with an extended care […]

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