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Decentralized Renewable Energy may hold $100bn Investment Opportunity

DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […]

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Energy Harvesting Chip Market to Approach $3.4bn by 2022: Semico Research

A broad range of markets will employ energy harvesting to either replace batteries or extend battery life. In an addition to the evidences to show that alternate sources of energy are going to be consumed more than ever in near future, a research report by Arizona based market researcher, Semico Research shows that the energy […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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NTPC Launches its 1st EV Charging Station in Vishakhapatnam

NTPC powered EV charging station has been designed by its In-house NTPC engineering team at Simhadri. In line with Government of India’s plans to switch to electric vehicles mobility, NTPC, India’s largest power generating company, initiates its first Electric Vehicle EV Charging Station in Simhadri, Vishakhapatnam. Moreover, NTPC is fully aligned for promoting clean energy […]

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Hanergy Registers over 600% Jump in Operating Revenue

Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […]

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IEX, PXIL Green Certificate Sales Nosedive 49.34% in August

The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […]

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Bengaluru Commuters May Travel on Electric Buses in 5 Years

The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […]

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PM Modi to Launch FAME India II on September 7

The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […]

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TMEIC Receives ‘Global Company of the Year Award 2018’

The firm selected TMEIC by market in areas such as Japan, the Asia Pacific and other areas globally and bestows Best Practice Awards annually to companies that have achieved outstanding performance in respective industries. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)’s President & CEO, Masahiko Yamawaki received the 2018 Global Company of the Year Award in […]

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