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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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Delhi Reports Highest Penetration Of Electric Buses In India

The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT.  Moreover, in terms of penetration of electric buses, Delhi leads in […]

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US On Course For Record 32 GW Solar Capacity Additions in 2023

A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […]

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Wind Industry Experts Bat For Extending PLI For Component Makers 

Experts working in the wind energy sector claimed that to expedite the growth of wind energy in the country, the government should consider giving incentives to the manufacturers of components and sub-components of wind turbines.  During a recent press conference in New Delhi, Amit Kansal, CEO and Managing Director of Senvion India, an Original Equipment […]

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RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine

German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […]

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Larger Cities Set To Get 150 E-Buses Under PM eBus Sewa 

The Ministry of Housing and Urban Affairs (MoHUA) has now released its Prime Minister eBus Sewa guidelines. Earlier on August 16 this year, the Union Cabinet had approved the scheme for augmenting electric mobility in Indian cities. The scheme aims to deploy 10,000 e-buses under PPP mode in 169 Indian cities. The scheme aims to […]

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IREDA Signs MoUs With Union Bank, Bank of Baroda To Finance RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023.  The central government utility said these agreements would empower IREDA to collaborate with UBI and BoB in co-lending and loan syndication for a wide range of […]

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