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Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology

QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […]

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Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November

Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […]

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Tata Motors Delivers Nexon EVs to Haryana Renewable Agency

Tata Motors has partnered with the Haryana Renewable Agency to deploy Nexon EVs in the state, as a part of its tender with the EESL. Tata Motors has announced that out has partnered with the Haryana Renewable Agency (HAREDA) to deploy Nexon EVs in the state of Haryana, as a part of its tender with […]

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EESL Plans to Install 500 More EV Charging Stations in FY21

“EESL is striding towards installing at least 500 chargers by the end of the financial year,” said Rajat Sud, EESL Managing Director. The joint venture of PSUs under the Ministry of Power, the Energy Efficiency Services Limited (EESL) has proclaimed to install at least 500 more electric vehicle (EV) charging stations in the country during […]

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ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam

The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […]

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Ecolohas Builds Smart and Green Homes in Taiwan

Ecolohas Energy Technology is helping Taiwan to build sustainable homes by delivering smart energy storage systems, smart microgrid systems, and distributed microgrid energy storage systems that allow people to generate their own power and reduce their electricity bills. As per Kevin Yang, president, Ecolohas, they are aiming to develop and provide self-efficient energy solutions to […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore

Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […]

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Volkswagen Expands its Charging Infrastructure with New 750 Charging Points

The German automaker, Volkswagen is significantly expanding the charging infrastructure at its German sites. As the company announced yesterday, it plans to have 750 new charging points, including the first High Power Charging stations with up to 300 kW for the year 2021.  The firm has recently been in the news for releasing the first […]

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