SUBSCRIBE NEWS LETTER

electricity Act

EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory

EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […]

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BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius

BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […]

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DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids

The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency.  According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […]

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India Inc Finally Moving To Combat Climate Impact, Says CDP India Report

CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world.  CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […]

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Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory

Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […]

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Proposed Delicensing of Discoms Gets Mixed Reaction in WB

The proposed move by the Centre on delicensing power distribution business to induce competition has evoked mixed reaction. A discom official said it will impact the small consumers adversely and benefit the bulk users. Former West Bengal State Electricity Regulatory Commission chairman R N Sen on the other hand welcomed the reform mooted by the Centre in Electricity Bill (Amendment), 2021 […]

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AIPEF Continues to Rally Against Electricity Bill, Urges CMs to Seek More Time for Comments

AIPEF has urged CMs to seek more time from the government for the submission of comments on the draft Electricity (Amendment) Bill 2021. The All India Power Engineers Federation (AIPEF) has urged chief ministers (CMs) to seek more time from the central government for the submission of comments on the draft Electricity (Amendment) Bill 2021.  “AIPEF has […]

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Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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