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Policy Certainty Will Increase Renewable Investment in India: IEEFA

Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […]

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Hero Electric Ropes in Piyush Prasad As National Business Head

Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, […]

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Q3 results. Sterling and Wilson Continues To Answer More Questions

With the fracas over repayment of loans to promoters barely dying down, Sterling and Wilson’s rocky start to its relationship with the markets was supposed to become steadier. Instead, the firm found itself preparing for a barrage of questions, after underwhelming results. Readers might recall the punishment the firm’s stock price took, when it was […]

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Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie

The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […]

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EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland

The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […]

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Tariff of Renewable Plus Storage Tenders now Competing With Thermal

In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […]

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US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019

The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […]

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MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz

With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […]

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Hyundai & Canoo to Co-Develop Electric Platform for Future EVs

Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs Hyundai Motor Group and Canoo have announced that Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs. As part of […]

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