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India Steps Up Efforts To Develop Cost-Effective Clean Energy Storage Capacities

By : Sustainability ..., Sep 18, 2019

India is fast moving towards its target of installing 175 GW of renewable energy by 2022, but its benefit can be reaped only through cost-effective storage capacities. The Centre has, therefore, stepped up efforts to find solutions which can be scalable and reach the common...

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Mumbai-born researcher invents alternative to Li-ion batteries

By : Sustainability ..., Sep 9, 2019

Mumbai-born scientist Dr Gautam Yadav has invented a new high-voltage, energy-dense rechargeable manganese dioxide (MnO2) zinc|(Zn) battery, which could be an alternative to Li-ion batteries that have dominated the energy storage landscape for decades. “High voltages in Li-...

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IOC to invest Rs 2 trn in 5-7 yrs, develop a new energy storage technology

By : Sustainability ..., Aug 29, 2019

State-run Indian Oil Corporation (IOC) will invest Rs 2 trillion over the next five to seven years, the company’s chairman told shareholders on Wednesday. The company is also at an advanced stage of developing a new energy storage technology. “Indian Oil has planned a Rs 2...

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State should utilise potential in energy conservation sector: BEE

By : Sustainability ..., Aug 6, 2019

The Bureau of Energy Efficiency (BEE) has sought the views of Andhra Pradesh in formulating the new Energy Conservation Act. The agency will conduct a consultation meetings with stakeholders on...

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Energy storage will attract $662 bn investments through 2040; China, US, India to lead the pack

By : Sustainability ..., Aug 1, 2019

Global energy storage installations are set to multiply exponentially, from a modest 9 Gigawatt (GW)/17 Gigawatt Hour (GWh) deployed as of 2018 to 1,095 GW/2,850 GWh through 2040 led by China,...

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JSW Energy plans to raise $750 m via bonds; to use funds for expansion, debt repayment

By : Sustainability ..., Jul 25, 2019

Sajjan Jindal-led JSW Energy plans to raise around $750 million from international bond sale to fund expansion plans as well as to repay some of its existing debt of over ₹10,050 crore. The...

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India’s Greenko & Sembcorp Receive Funding For Renewable Energy Expansion

By : Sustainability ..., Jul 22, 2019

Bond payment defaults and renegotiations of wind and solar power projects are proving to be a challenge in India. Even as the Indian renewable energy sector struggles with these stressful...

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Foreign investors pumped $1.02 bn equity in India’s clean energy space in FY19

By : Sustainability ..., Jul 15, 2019

The foreign investors’ interest in India’s emerging green economy continues; with around $1.02 billion equity investment made by them in the current financial year till date, according to data...

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GIC, ADIA invest $329 mn more in Hyderabad-based Greenko

By : Sustainability ..., Jul 12, 2019

In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) have agreed to pump in an...

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India’s Greenko Gets $495 Million For 2.4 Gigawatts of Energy Storage Projects

By : Sustainability ..., Jun 14, 2019

One of India’s leading renewable energy project developers has achieved a major milestone in implementation of two ambitious energy storage projects in the states of Andhra Pradesh and Karnataka...

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