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ISGF Paper Proposes new Revenue Opportunites For Electric Utilites

A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […]

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Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV

Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo […]

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […]

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Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project

Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […]

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AGL and Wärtsilä Collaborate on Hybrid Energy Project

AGL, Australia’s biggest energy retailer and climate polluter, is making a real effort to clean up. It announced today that it has signed an MOU with Finnish energy services provider Wärtsilä to develop new hybrid energy systems that integrate renewable behind-the-meter and off-grid technologies so as to provide its commercial and industrial customers having requirements […]

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China vs US: The New Battle for Energy Supremacy

At his first news conference since taking office, US President Joe Biden had said in March that he would outspend China on innovation and infrastructure so that the latter’s dream of superseding the US to become the most powerful and wealthiest country would not come to fruition, at least not on “his watch.”  The President’s […]

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India’s First Li-ion Battery Plant in Karnataka

Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […]

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Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India

Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India.  As per the two […]

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And the 2021 BNEF Pioneers Are…

The BloombergNEF Pioneers Competition– an annual technology and innovation contest started in 2010has announced the 12 winners of the 2021 edition of the competition. The winners list includes Convoy, Nautilus Labs, and EConcrete among others which were chosen from over 250 applications received from 36 countries.   Previous winners have ensured the award is a […]

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