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COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL

According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […]

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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers

The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […]

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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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Azelio Signs MoU With Atria Power for 65 MW Storage in India

Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […]

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Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive

Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […]

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Gadkari Promotes Pilot Electric Buses Projects With Private Investments

Nitin Gadkari recently promoted a pilot project to run electric buses with private investment, stating that if anyone is ready to invest in India, we can give him a pilot project for a city, where they can run their buses on electricity. Union Road Transport and Highways Minister Nitin Gadkari recently promoted a pilot project to run electric buses with private investment. […]

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A Wireless Device Creating Fuel From Sunlight, CO2 and Water

Researchers have developed a standalone device that converts sunlight, CO2, and water into a carbon-neutral fuel, without any additional electricity. Researchers have developed a standalone device that converts sunlight, carbon dioxide (CO2) and water into a carbon-neutral fuel, without requiring any additional components or electricity. The device, developed by a team from the University of […]

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HERC Proposes Reverse Auction for Transmission Projects

HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […]

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