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ADB Pledges $12 bn to India’s New Flagship Initiatives

ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […]

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NTPC Collaborates With IOCL to Commission 1st EV Charging Station

NTPC, in collaboration with IOCL, has commissioned its first EV charging station at an IOCL petrol pump in Greater Noida State-owned power utility NTPC Ltd. has announced the commissioning of its first electric vehicle (EV) charging station along with the Indian Oil Corporation (IOCL). The charging station has been installed at an IOCL petrol pump […]

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EVs to Cost as Much as Conventional Vehicles in 2-3 Years: NITI Aayog CEO

Niti Aayog CEO Amitabh Kant says that the falling cost of batteries could pull down the price of EVs at par with conventional vehicles in the coming years Niti Aayog CEO Amitabh Kant has said that the falling cost of electric vehicle batteries could pull down the cost of EVs and bring it at par […]

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Gujarat can Lead the Renewables Race in India: Report

A new report has predicted that Gujarat could outdo all other states with the addition of a staggering 46 GW of new renewable energy capacity by 2029/30 A new report has predicted that in a race to be the top state in India, Gujarat could and perhaps will outdo all other states with the addition […]

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Restrictive Guidelines Under Govt Schemes to Impact System Integrators: Report

According to a new analysis, there are two critical restrictive guidelines for integrators in the new KUSUM and SRISTI schemes by the MNRE According to a new analysis by JMK Research and Analytics, there are two critical restrictive guidelines in the new schemes that the Ministry of New and Renewable Energy (MNRE) has recently launched. […]

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Gujarat Working on EV Policy, Expects 1 Lakh EVs by 2022

The Gujarat government plans to come out with a policy soon announcing huge incentives for using EVs and aims to have 1 lakh EVs on road by 2022. Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge […]

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Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects

Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […]

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MNRE Eases Bidder Selection Norms under PM KUSUM Scheme

MNRE further added that, to have wider competition all eligible bidders shortlisted on the basis of technical and financial criteria stipulated in the bidding document and under the price bracket of (L1 + 10 percent of L1) will be empanelled on acceptance of L1 price and have equal opportunity to work in market mode. In […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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