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Andritz bags equipment contract for India's largest pumped energy storage project

By : Sustainability ..., Oct 6, 2020

Austrian company Andritz announced it has...

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Ministerial meeting of Indo-US Strategic Energy Partnership highlight major accomplishments, prioritizes new cooperation areas

By : Sustainability ..., Jul 20, 2020

India and the United States have announced new areas of research on transformational power generation based on supercritical CO2 (sCO2) power cycles and advanced coal technologies, including...

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Low-cost supercapacitor from industrial waste cotton & natural seawater electrolyte can help energy storage

By : Sustainability ..., Jul 15, 2020

Scientists at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous organization of the Department of Science and Technology, Govt. of India...

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IESA proposes a policy framework for energy storage in Electricity Act

By : Sustainability ..., Jun 10, 2020

The Draft Electricity (Amendment) Bill, 2020 by India’s Ministry of Power seeks to address a series of challenges facing the sector. It provides a host of measures including improved regulatory discipline, private sector participation, next-generation reforms, the financial...

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China's CNIC ponders buying into India's Greenko - report

By : Sustainability ..., Apr 1, 2020

China’s CNIC Corp is mulling over the possibility of buying a 10% interest in Indian renewable energy company Greenko Group, Bloomberg reports, citing informed people. One of the sources told the news agency that Greenko has been looking for a long-term investor in order to...

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Vw Plans To Tap Electric Car Batteries To Compete With Power Firms

By : Sustainability ..., Mar 13, 2020

Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday. Electric car batteries could be used to...

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ABB Completes Divestment of Solar Inverter Business To FIMER SpA

By : Sustainability ..., Mar 3, 2020

ABB has completed its divestment of its solar inverter business to the Italian company FIMER SpA. The transaction enables ABB's Electrification business to improve the focus of its business portfolio on priority growth markets and enhance business opportunities for the solar...

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Energy storage market to touch $546 billion by 2035, predicts Lux Research

By : Sustainability ..., Feb 27, 2020

The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Lux Research estimates that the three main drivers of energy storage – mobility applications, electronic devices, and stationary...

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Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020

By : Sustainability ..., Jan 20, 2020

Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union...

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Government in the process of finalizing new energy policy: NITI Aayog Additional Secretary

By : Sustainability ..., Nov 28, 2019

Government thinktank NITI Aayog‘s additional secretary (Energy) R.P. Gupta has informed that the Indian government is in the process of finalizing an energy policy for the country. “The new policy will address the issues of accessibility and affordability, energy security,...

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