NEW DELHI: Power deficit, or the gap between electricity required and supplied, has fallen from 2% in April this year to 0.2% in November 2022, as per latest government data. However, the power deficit has increased sequentially from 0.1% (124 million units) in October 2022. It stood at 0.2% (233 million units) in November 2021. […]
Category: Power
Power
BP to expand EV charging network at M&S stores
BP Plc said its British electric vehicle charging business, bp pulse, will install high-speed charge points at around 70 Marks & Spencer retail outlets. The oil major is stepping up the pace of liquidating fossil-fuel assets to raise funds to invest in renewable-energy projects amid a global push for decarbonisation by energy firms. The first […]
World’s first solar car Lightyear 0 enters production
Lightyear, the Dutch high-tech company that has developed the world’s first solar-electric car, is set to write another history. The company has officially commenced the production of its first vehicle, Lightyear 0. The production starts at Valmet Automotive’s facility in Finland. The company plans on producing one car a week and gradually scaling up its […]
TVS Motor’s Singapore arm to acquire EV related technology, assets in Germany
TVS Motor Company on Friday said its Singapore-based subsidiary has inked a pact to acquire Electric Vehicle (EV) related technology and assets in Germany. The company, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Ltd (TVSM Singapore) has signed an agreement to acquire the assets, TVS Motor Company said in a statement. TVS Singapore will […]
Nio to install 20 battery-swapping stations in EnBW charging parks
Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said. Nio launched in Germany in October on a leasing model, with users leasing cars with a 75 gigawatt hour battery […]
NTPC going nuclear as focus shifts on small reactors in climate fight
NEW DELHI: State-run NTPC, the country’s largest coal-fired power producer, is going nuclear as the government shifts focus on the nascent SMR (smaller modular reactor) technology in search of clean energy for achieving net zero by 2070. “This is the new thing that you would probably be hearing that we are bringing and are seriously […]
BP to expand EV charging network at M&S stores
BP Plc said its British electric vehicle charging business, bp pulse, will install high-speed charge points at around 70 Marks & Spencer retail outlets. The oil major is stepping up the pace of liquidating fossil-fuel assets to raise funds to invest in renewable-energy projects amid a global push for decarbonisation by energy firms. The first […]
Hyundai, SK to build new battery plant in Georgia
Hyundai Motor Group and SK On said they will build a new battery manufacturing plant in the US state of Georgia to supply the Korean automaker’s US assembly plants. Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK Innovation, recently signed a memorandum of understanding (MOU) for a new EV battery […]
BP to expand EV charging network at M&S stores
BP Plc said its British electric vehicle charging business, bp pulse, will install high-speed charge points at around 70 Marks & Spencer retail outlets. The oil major is stepping up the pace of liquidating fossil-fuel assets to raise funds to invest in renewable-energy projects amid a global push for decarbonisation by energy firms. The first […]
More than 18 lakh electric vehicles registered in India: Union Minister Nitin Gadkari
Union Minister Nitin Gadkari said more than 18 lakh electric vehicles are registered in the country, with Uttar Pradesh, Delhi and Maharashtra emerging as the leading states in EV sales. The road transport and highways minister, in a written reply in the Rajya Sabha, said the maximum number of electric vehicles has been registered in […]
BEST electricity users get addl deposit notices
Mumbai: The 10.8 lakh-plus BEST power consumers in the island city have to maintain a security deposit equivalent to twice of the average of the last 12 months, said spokesperson Manoj Varade on Tuesday, adding that this was as per MERC Electricity Supply Code and Regulations, 2021. A few BEST consumers told TOI that it […]
Renewables to grow 2x in 5 years: IEA
LONDON: Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia’s invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. In a report on the outlook for renewables, the IEA said capacity worldwide is expected to grow by 2,400 […]