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Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market
Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more
Sterlite Power announces strong FY’23 Results
The company witnessed strong growth in profitability in India operations. India operations record 30% increase in PATRead more
DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more
The Battery Show India 2023 sparks India's $150 bn energy revolution
India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more
NGEL, Chidambaranar Port signs MoU to develop green hydrogen hub
The MoU was signed by V V Sivakumar, GM (NGEL) and V Suresh Babu, CME (VOCPA) in the presence of Bimal Kumar Jha, Dy Chairman and Chairman (I/c) (VOCPA) and other senior officials.Read more
Tata Motors partners with Tata Power Renewable Energy to develop a 12 MWp solar project
Tata Motors expands on-site solar power capacity to 20.73 MWp at its Pune commercial vehicle manufacturing facility. The project will generate 17.5 million units of electricity per annum, mitigating over 12400 tonnes of CO2 per annumRead more
G20 Biofuel Alliance: $500 Billion opportunity in 3 Years, says IBA Study
The study indicates that biogas alone could generate opportunities worth $200 billion, considering its minimal investment requirements compared to other energy generation methods and the easy availability of raw materials.Read more
EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
Tata Steel, ABB India collaborate to cut carbon in steel production
The partnership between these two companies will primarily involve comprehensive assessments of Tata Steel's manufacturing facilities, with a focus on evaluating and jointly developing strategies to enhance energy efficiency.Read more
India offers $452 mn incentives for Green Battery Storage Boost
Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more