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EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study

If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […]

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GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems

American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […]

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R.K. Singh: The 5 Point Checklist for 2020

Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […]

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Biggest Fall in Global Energy Investments in History due to COVID-19: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […]

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15 GW Renewable In Two years In The EU to Recover From Pandemic

The European Commission or EU, is planning a massive 15GW push for renewable energy tenders in the next 2 years to pull the union out of the recession caused by the Covid-19 pandemic. The EU has suffered the highest mortality counts as of now, and countries across the continent have struggled to manage wide, extended […]

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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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Siemens Gamesa Launches the World’s Largest Offshore Turbine at 14 MW

Siemens Gamesa Renewable Energy has launched its new SG 14-222 DD offshore Direct Drive wind turbine with an unprecedented 14 MW capacity Offshore at its strongest! Featuring a capacity of up to 15 MW with Power Boost and a 39,000 m2 swept area, the new generation of our Direct Drive platform has an AEP increase […]

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Duty of Distribution Companies to Clear Gencos Dues: Suresh Prabhu

Former energy minister Suresh Prabhu has said it is the sacrosanct duty of the Distribution Companies to clear dues owed to the Gencos It was a pleasure to speak at the “Re-energising India after Pandemic” #webinar organised by @CEEWIndia where I discussed about global challenges in #energy sector,as we enter very uncertain global scenario. — Suresh Prabhu (@sureshpprabhu) […]

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Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan

Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […]

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