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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant

The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […]

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Foundation Stone for Sitamarhi Sub-Station Laid

The Sub-station will supply power to Sitamarhi, Darbhanga, Madhubani, East Champaran, West Champaran and Sheohar districts of Bihar. The foundation stone for 400/220/132 kV Sitamarhi Sub-station at Parmanandpur village, Distt. Sitamarhi was laid. The programme was presided over by R. K. Singh, Minister of Power, New and Renewable Energy and Nitish Kumar, Chief Minister of […]

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SMEV Demands Rs 20,000 Cr for Promoting EVs in India

SMEV expects the government to target at least one million EVs in top-10 most-polluted cities across India. Electric vehicle makers’ body Society of Manufacturers of Electric Vehicles (SMEV) has asked for an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a “notional green cess” […]

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SECI and BSES Yamuna Sign PSA for 100 MW Wind Energy

SECI announce an agreement with BSES Yamuna for sourcing 100 MW of wind power. Delhi’s power distribution company, BSES Yamuna (BYPL) has signed an agreement with Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The country’s nodal agency for renewables announced in a tweet. A PSA of 100 MW Wind Power […]

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3 Central Railway Stations Go Green as Indian Railways Bets on RE

The three stations where solar panels have been installed are Roha, Pen and Apte stations on the Panvel-Roha route of Central Railways. The Indian Railways has taken another big step towards clean energy and energy conservation, as a part of its mission to utilize cost-effective renewable energy. According to a press release issued by Central […]

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NDMC Becomes First DISCOM in India with 100% Smart Metering

EESL installs 50,000 smart meters enhancing consumer convenience and rationalizing electricity consumption in NDMC area The Energy Efficiency Services Limited (EESL), working under the Ministry of Power announced the completion of its project with the New Delhi Municipal Corporation (NDMC). The project concluded with the replacement of 50,000 conventional electricity meters with smart meters in the […]

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REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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