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demand and supply

Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […]

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Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL

EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from […]

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STMicroelectronics Reveals Fast-Starting Intelligent Power Switches for Demanding Safety Applications

STMicroelectronics has added new fast-starting devices to its family of intelligent power switches for safety-instrumented systems. With power-on delay time of less than 60µs, the IPS160HF and IPS161HF satisfy standardized requirements for interface types C and D in Safety Integrity Level (SIL) Class 3 applications. Featuring a wide input-voltage range of 8V-60V, maximum switch resistance (RDS(on)) of […]

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Peak Power Demand Slumps to 5.65% in August

The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July, according to the power ministry data. Peak power demand met, which is […]

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Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain

Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […]

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HERC Issues Discussion Paper on License Terms and Conditions

HERC to set new regulations defining terms and conditions of license for a deemed licensee in Haryana. A discussion paper has been prepared. The Haryana Electricity Regulatory Commission (HERC) has prepared a discussion paper on HERC (Terms & Conditions of License for Deemed Licensee) Regulations, 2020. A public hearing will be held by the state […]

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Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report

According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […]

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Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Manufacturing Plant

Manufacturer Britishvolt has signed an MOU with the Welsh Government to develop a commercially viable 30 GWh battery manufacturing plant in South Wales. Manufacturer Britishvolt has announced that it has signed a memorandum of understanding (MOU) with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery […]

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