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energy storage

Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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Okaya Launches All-in-One Solar Power Generation System

Okaya Power Pvt Ltd launches an all-in-one Solar Power Generation System to meet the demand for clean, renewable energy.   A leader in the Indian battery and Inverter segment, Okaya Power has launched a new comprehensive range of Solar Power Generation System (SPGS) with an aim to meet the fast emerging demand from its esteemed […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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Fortum Solves Major EV Sustainability Issue – Boosting Battery Recycling Rate to Over 80%

The company achieved the recycling rate of over 80% with a low-CO2 hydrometallurgical recycling process. A new solution by Nordic clean energy company Fortum makes over 80% of the electric vehicle (EV) battery recyclable, returns the scarce metals back into circulation and resolves the sustainability gap by reducing the need to mine cobalt, nickel, and […]

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APEDB Signs Rs 200 Cr MoU With Urja Global For EV and Battery Manufacturing Plant

Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a Memorandum of Understanding (MoU) for setting up a new plant for manufacturing high technology Lithium-Ion Batteries and electric vehicles for the electric mobility ecosystem. Through this MoU, Urja Global would invest Rs. 200 crore and shall create 250 direct and over 1000 indirect […]

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SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra

The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […]

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NIT For 14 MW Solar Plant With 42 MWh BESS at Leh and Kargil

The project shall be implemented in Developer Mode with a fixed tariff of Rs 2 per unit with Viability Gap Funding (VGF) support. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for online bids to develop 14 MW of solar PV power plant with linked 42 MWh of Battery […]

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