The Delhi International Airport Limited (DIAL), which operates and manages the airport in the national capital, has deployed 57 Electric Vehicles (EVs). The EVs have been deployed as part of the Green Transportation Program that DIAL announced during World Environment Day in June this year. With this, the Delhi Airport has become the first in […]
Category: Power
Power
India likely to see biggest jump in energy demand globally, says IEA
India is likely to see the world’s biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday. While the push for renewable energy will see it meeting as much as 60 per […]
Global crises can speed up transition towards clean energy: Report
Spiralling energy costs caused by various economic factors and the Ukraine war could be a turning point toward cleaner energy, the International Energy Agency said in a report Thursday. The Paris-based organisation found the global demand for fossil fuels, including coal, oil, and natural gas, is set to peak or plateau in the next few […]
EU to provide $504 mn in grants for Western Balkans to tackle energy crisis
The European Union (EU) will provide 500 million euros ($504 million) in grants for the Western Balkan countries to tackle energy crisis, European Commission chief Ursula von der Leyen said here. The energy support package will help the whole Western Balkan region to invest in energy connections, energy efficiency and renewable energy, she said at […]
Shareholders nod to Ahlem Friga Noy appointment as Adani Green director
Adani Green Energy said it has received shareholders’ approval to appoint Ahlem Friga Noy as a non-executive, nominee director in the company. Shareholders of the company has approved the appointment of Ahlem Friga Noy as a director (non-executive, nominee director) in an Extraordinary General Meeting (EGM) of the company held on Wednesday, October 26, 2022, […]
SJVN soars 11% on commissioning 75 MW solar power project in Uttar Pradesh
Shares of SJVN hit an over four-year high of Rs 36.55 as they soared 11 per cent on the BSE in Thursday’s intra-day trade on the back of heavy volumes after the company commissioned 75 MW solar power project in Uttar Pradesh (UP). The stock of state-owned electric utilities company traded at its highest level […]
EU, US set up task force to resolve feud over electric vehicle batteries
The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. Under the Inflation Reduction Act (IRA) passed by U.S. Congress in August, electric car buyers are […]
LG Energy Solution swings to profit in Q3 on strong EV battery demand
LG Energy Solution Ltd (LGES) said on Wednesday it shifted to the black in the third quarter from a year earlier on the back of robust demand in electric vehicle (EV) batteries and a weaker Korean won currency. The battery maker said it will continue its focus on North America, a fast-growing EV market, and […]
FM asks AIIB to scale up investments in clean energy, infrastructure
India on Wednesday asked Beijing-based multilateral lending agency AIIB to scale up investments in priority areas like clean energy and infrastructure sector with a special focus on education and health. Addressing the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), Finance Minister Nirmala Sitharaman said India has embarked on […]
Gujarat’s Modhera becomes India’s first ‘net-zero’ energy community
As a result of Project Suryagram (Sun Village), Gujarat’s Modhera has emerged as India’s first 24X7 solar-powered village. It is also a ‘net-zero’ energy community, meeting 100 per cent of its energy requirements using on-site solar power. Under the project, 1 kilowatt (KW) solar panels have been installed on the roof of almost every house […]
Investment in energy storage, smart grid rose 66% in Jan-Sep period: Report
Investments in the energy storage and smart grid globally grew 66 per cent year-on-year to record USD 25 billion in January-September period this year, according to a Mercom Capital report. The funding includes those through venture capital, public market financing and debt financing. “Total corporate funding for energy storage, smart grid, and efficiency companies in […]
Tata Power Solar Systems launches off-grid solar solutions in Bengal, Bihar
Tata Power Solar Systems on Wednesday announced the launch of cost-efficient solar off-grid solutions in West Bengal, Bihar and Jharkhand. Tata Power Solar Systems Ltd (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL). The off-grid solutions provide a combination of high-efficient solar modules, inverters and batteries and are available in 11 […]