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E.ON To Switch On Renewable Energy for 3 Mn UK Customers

German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […]

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Centrica Offering Home EV Charging Installations in UK

Centrica has announced the expansion of its digital service, Local Heroes, to offer homeowners electric vehicle (EV) charging installations. British multinational energy and services company, Centrica has announced the expansion of its digital service, Local Heroes, to offer homeowners electric vehicle (EV) charging installations. Designed to help people find trusted local tradespeople, the British Gas […]

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China to Become Largest Energy Storage Market in APAC by 2024

A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Kerala Begins Groundwork for Ambitious EV Policy

After announcing its EV policy late last year, the Kerala government has started to take steps in the direction to make the plan a reality. Kerala Chief Minister Pinarayi Vijayan at the inauguration of a two-day event ‘Evolve: Kerala mobility conference and expo’ announced not only rolling out electric vehicles but under the EV policy […]

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Gujarat Targeting 30 GW Renewable Capacity by 2022

Gujarat government plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. In the latest budget announcement, the Gujarat government announced its plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. The announcement was […]

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Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport

The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 […]

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