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Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Electric Vehicle Registration Rates Double in Singapore

Singapore is striving to end the vehicular emissions in the country and mitigate the climate change challenges. The recent data of electric vehicle registrations of the country reveal that in the first five months of 2022, the country has sold double the number of electric vehicles sold in the entire 2021. Transport Minister of Singapore, […]

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Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog

NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and mea­sures for mitigating climate change. […]

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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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The Top 5: Cryptocurrencies Seeking A Greenwash

Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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The Wind Picks Up For Offshore Energy In India, R.K Singh Leads Key Decisions On Tendering, Transmission

In one of the most decisive steps for India’s offshore wind energy ambitions, R.K Singh, Union Minister for Power and New & Renewable Energy held a meeting yesterday on transmission planning for offshore wind energy projects in India. Alok Kumar, Secretary, Power and Indu Shekhar Chaturvedi, Secretary, Ministry of New & Renewable Energy were also […]

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