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Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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Solar Manufacturing Scenario of India

The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […]

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World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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Viz-A-Viz with Debi Prasad Dash, Director – IESA

Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […]

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Viz-A-Viz with Saurabh Srivastava, President – Marketing & Product Strategy, Eastman Auto and Power Limited

Q. What are the initiatives Eastman Auto & Power has taken in contributing towards India’s clean and green energy initiative? We, at Eastman Auto and Power Limited, are committed to encouraging clean and green energy adoption. In this regard, we have developed batteries for e-rickshaws which play an instrumental role in reducing carbon footprint. We […]

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Sungrow to Supply over 50 Mwh ESS Solutions to North America

These projects will span multiple sites across Massachusetts, California and Ontario, using customized systems including its recently launched 2MW-4.2MWh system solutions. One of the leading solar PV inverter solutions provider Sungrow has won the projects aggregating over 50MWh following the ESA Energy Storage Conference & Expo held in Boston, Massachusetts. Further, these projects will span multiple sites […]

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SMA Solar to Showcase Future Proof Energy Mgmt Platform ennexOS at SNEC 2018

The company will feature it’s cross-segment energy management platform ennexOS which connects and manages all energy producers and consumers within one system, thus optimizing system costs and preparing for future energy trading. German solar energy equipment supplier SMA Solar Technology AG (SMA) will present its new energy management solutions at SNEC 2018, held in China […]

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Eastman Auto Launches E-Rickshaw Awareness Meets in West Bengal

The company’s aim behind the campaign is to create awareness about the usage of e-rickshaw batteries and apprise the stakeholders of the factors that affect the performance of these batteries. Energy storage and solar solutions provider company Eastman Auto and Power Ltd (EAPL) has launched first of its kind e-rickshaw awareness drives in 10 districts […]

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Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19

The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […]

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