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Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries

Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK

bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […]

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Power Demand in Delhi Peaked on Most Days of January 

Electricity demand in Delhi is picking with January registering 19 percent more peaks on 23 days than that in the last year, according to BSES Electricity demand in Delhi is picking up in the new year with January registering 19 percent more peaks on 23 days than that in the last year, according to officials […]

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MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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Rs 212 Cr Released Under FAME-II for Electric Buses: Javadekar

As of January 31, nearly Rs 212 crore has been released for the procurement of electric buses under the FAME II scheme, Prakash Javadekar informed the parliament. As of January 31, 2021, nearly Rs 212.31 crore has been released for the procurement of electric buses under the second phase of the FAME-India (FAME II) scheme, Heavy […]

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India’s Consumption Trends in January Sign of Economic Growth: RK Singh

Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […]

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Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore

Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […]

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