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Argentina Unveils Landmark Tender For Renewables and Grid Capacity

The tender currently under analysis will support the commitment to incorporate 20% of renewable electricity by 2025 into Argentina’s energy system. The Undersecretary for Renewable Energy and Energy Efficiency of Argentina, Sebastian Kind, has recently unveiled a landmark new renewables and grid capacity tender during the Global Market Session hosted by the Global Wind Energy […]

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STMicroelectronics Launches 12-Channel LED Driver

ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions has launched its new 12-channel RGB-LED driver that enhances lighting effects for smart devices and wearables. With patented features to prevent distracting artifacts in “color-chasing” or “deep breathing” LED animation effects, the STMicroelectronics LED1202 12-channel LED driver enables smoother and more natural […]

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Siemens Gamesa’s Indian Manufacturing Units Start Equipment Export

The ongoing trade tariff negotiations between China and the US is seen as an opportunity by Siemens Gamesa’s India manufacturing units to take part and meet the rising demand for wind energy equipment. Markus Tacke, Chief Executive Officer, Siemens Gamesa, responding to a query on the scope for Siemens Gamesa to increase its wind energy […]

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MNRE Invites Suggestions on Draft Guidelines for Series Approval of Inverters for Lab Testing

These guidelines are applicable for SPV based off-grid, grid-tie and hybrid inverters of capacities up-to 150KW. After issuing draft guidelines for storage batteries, the Ministry of New & Renewable Energy (MNRE) has invited comments or suggestions from public and related stakeholders on the guidelines drafted for series approval of inverters for conducting lab testing. Further, […]

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Global Storage Market Predicted to Reach 158 GWh by 2024: Report

The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […]

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Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO

Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […]

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Saudi Arabia Tipped to Become Largest Wind Market in the Middle East

A new report has highlighted that Saudi Arabia is set to become the largest market for wind power in the Middle East by early 2020s. According to the report ‘Middle East Wind Power Market Outlook, 2019-2028’,  recently released by consultancy firm Wood Mackenzie, developers in Saudi Arabia are expected to build 6.2GW of wind capacity […]

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MNRE Eyes Comments on Draft Guidelines for Series Approval of Storage Batteries for Lab Testing

These draft guidelines has been prepared in consultation with the related stakeholders, including experts from test labs, Bureau of Indian Standards (BIS), New Delhi and Battery Storage Industry. The Ministry of New & Renewable Energy (MNRE) has sought suggestions or comments from public and related stakeholders on the guidelines drafted for series approval of storage […]

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Over 90% of Electric 2Ws in India To Lose FAME II Subsidy: Report

A shocking discovery has been made for the Indian electric two-wheeler manufacturers, the much-awaited FAME II scheme eligibility criteria will see around 95% of the existing electric two-wheelers miss the subsidy support, says a report by CRISIL. On March 28, 2019, the Ministry of Heavy Industry and Public Enterprise issued a notification, which laid out […]

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