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Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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EV Motors India Launches its First EV Charging Station ‘PlugNgo’

PlugNgo will further develop 6500 charging outlets each with multiple charging stations over the course of next 5 years with a total estimated cost of about $200 million. In a major push for EV charging infrastructure, electric vehicles start-up EV Motors India inked pact with DLF, Delta Electronics India and ABB India to launch its […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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Viz-A-Viz with Mehul Sharma, Director Sales – India (TBEA Xián Electric Technology Co. Ltd.)

Q. Please tell our readers about TBEA Xián Electric Technology Co. Ltd. and its product offerings? TBEA Xián Electric Technology Co. Ltd., is one of the global leaders in Solar Inverter manufacturing having its Global Headquarters in Xián, China. Company is a part of TBEA group, and inherits the engineering & manufacturing excellence of 70 […]

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Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd

Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […]

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EIB Expands Cooperation with SBI in Wind Energy Financing

With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […]

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MYSUN Waives Off Site Survey Fee Across Delhi- NCR

The campaign was launched on November 8, 2018 in which MYSUN is influencing Residential, Commercial and Industrial customers to go solar. MYSUN, India’s leading online solar rooftop company has announced the waiver of site surveys fee in order to encourage people to go solar. The initiative is to empower people in NCR to go green […]

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Global Energy Storage Alliance Appoints Dr. Rahul Walawalkar as Chairman

The appointment was announced at the GESA board meeting held this month in Pasadena, California, USA. Dr. Rahul Walawalkar, Executive Director of India Energy Storage Alliance (IESA) has been appointed as the Chair of Global Energy Storage Alliance (GESA) for two years. GESA is a consortium of six different energy storage alliances co-founded in 2014 […]

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