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Siemens in talks with stakeholders to develop energy storage solutions

By : Sustainability ..., Nov 25, 2019

Siemens is in talks with various stakeholders for developing industrial energy storage solutions to cash in on the government effort to boost battery storage plans, a senior company official has said. India has set an ambitious target of having 225 GW of renewable energy...

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India To Promote Solar Cell, Battery Manufacturing With Tax Incentives

By : Sustainability ..., Jul 9, 2019

The Indian government is planning to give another try at promoting the manufacturing of solar cells in the country. The Indian finance minister announced some important measures to attract...

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The world will get half its power from wind, solar by 2050

By : Sustainability ..., Jun 19, 2019

Nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet. That titanic shift over the next three decades will...

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Companies may soon be invited to set up battery plants

By : Sustainability ..., Jun 11, 2019

The government is likely to soon issue tenders inviting companies to set up 50-GW battery manufacturing base in India at $50-billion investment with attractive financial incentives as the...

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US Clean Energy Cooperation in Asia

By : Sustainability ..., May 8, 2019

Energy demand in Asia will continue to climb in the coming decades, which will have critical economic, climate, and geostrategic implications for the United States. Over the next 20 years, India and Southeast Asia are expected to record the world’s highest carbon dioxide...

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Battery Energy Storage System Market Hit Double Digit CAGR by 2024

By : Sustainability ..., Apr 24, 2019

The report on Battery Energy Storage System Market by technology (lithium-ion batteries, sodium-sulfur batteries, lead-acid batteries), connection type (on-grid connection and off-grid connection), applications (residential, non-residential and utilities) trends analysis and...

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India’s Energy Storage Market Is Finally Starting to Grow

By : Sustainability ..., Mar 19, 2019

India is finally seeing the emergence of a grid-scale energy storage market after years of anticipation....

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Govt modifies solar park scheme to ease land, evacuation constraints

By : Sustainability ..., Mar 13, 2019

The government has modified the existing scheme for development of solar parks and ultra mega solar parks in a bid to ease constraints related to availability of land and evacuation...

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India launches national mission on ‘Transformative Mobility and Battery Storage’

By : Sustainability ..., Mar 11, 2019

With a general election fast approaching, the government of India has approved a National Mission on Transformative Mobility and Battery Storage, to drive “clean, connected, shared and...

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India gets first grid-scale battery energy storage system

By : Sustainability ..., Feb 14, 2019

The 10 MW grid-connected system, owned by AES and Mitsubishi Corporation, will pave the path for wider adoption of grid-scale energy storage technology across India. It uses the Advancion energy storage platform from Fluence, a joint venture formed by Siemens and AES....

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