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Woodmac Predicts Low Solar Achievement Rates for India By 2030

Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030.   China To Remain Leader   Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […]

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India Explores Aluminium-Ion Battery As Demand For Lithium Spikes

Being the third-largest oil importer in the world, in its drive to minimize dependency on oil and fuel imports, India is advancing in a battery technology that uses aluminum rather than lithium as the key ingredient.   As far as Aluminum Battery is concerned, recently the Indian Oil Corporation (Indian Oil) has announced that it has established a […]

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SE Asian Countries Have Strong Demand for 2 &3 Wheeler EV’s for Last Mile Delivery

Introduction According to a World Economic Forum report, demand for urban last-mile delivery would increase by 78% by 2030, resulting in the deployment of 36% more delivery vehicles in the world’s top 100 cities. In most Southeast Asian countries, the use of last-mile deliveries has expanded dramatically in recent years. The rise of online retail […]

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LNJ Bhilwara Group Forays into Energy Storage Segment

The Rs 7300 crore turnover  LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, […]

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String Of Awards Recognise Solis at SNEC 2021 in China

Global string inverter major Solis received multiple awards at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition held at the 15th SNEC (2021), which concluded on June 5 in Shanghai, China. The company said that its innovative high current and high power inverters showcased the high quality customer experience, besides economical and reliable […]

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Ørsted Sharpens Strategy To Maintain Green Energy Major Status

Danish wind energy major Ørsted, that claims to run completely on green energy, approves fresh strategic ambition and financial guidance.  Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products. It has installed a total of 12 GW of renewable energy capacity over […]

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Enterprize Launches 1st Vietnamese floating LIDAR survey at Thang Long

Enterprize Energy, a pioneering low carbon energy developer, announced today that it has commissioned Fugro, the world’s leading Geo-data specialist, and its Vietnamese partner, PTSC, to install floating LiDAR survey technology at the site of the 3.4GW Thang Long offshore wind farm – the first time such technology has been used in Vietnam. Offshore wind […]

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At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market

According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […]

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Electric Vehicles Market Share to Exceed 50% From 2033: Rystad

The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […]

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