India is at the cusp of a revolution in the energy sector with a growing demand for clean energy and the need to reduce dependency on fossil fuels. This requires a major shift towards the use of electric vehicles (EVs) and renewable energy sources. However, the availability of lithium-ion batteries, Read more
Tesla’s Giga factory, also known as the Tesla Vega Factory, is one of the largest battery manufacturing facilities in the world. Located in Nevada, USA, the factory has the capacity to produce 35 GWh of lithium-ion batteries per year, which is more than the total global production of EV batteries Read more
India is home to vast reserves of lithium, a crucial element for manufacturing lithium-ion batteries used in electric vehicles (EVs) and energy storage systems. According to the Nitti Aayog-RMI report on energy storage, India has the potential to become a major player in the global battery manufacturing industry by tapping Read more
n recent years, the world has witnessed a growing concern for the need to tackle climate change. Governments, businesses, and civil society organizations have come together to identify ways to reduce greenhouse gas (GHG) emissions and mitigate the effects of climate change. One such initiative is the Science-Based Targets initiative Read more
As solar plants age, they accumulate dust, dirt, and debris, which can reduce energy output by blocking sunlight from reaching the photovoltaic (PV) panels. Robotic PV module cleaning systems are designed to eliminate this problem by providing more frequent cleaning cycles than traditional manual methods, resulting in improved energy yield Read more
Green bonds are attracting a growing army of well-intentioned sponsors, certifiers and investors. They need to be careful not to let their own agendas undermine the market’s success. First issued in 2007, green bonds are debt instruments intended to fund projects with environmental benefits. The market has expanded sevenfold in five years, Read more
Shri Anand Kumar, Secretary for the Ministry of New and Renewable Energy (MNRE) stated that the Indian Renewable Energy Development Agency (IREDA), is planning to set up a dedicated “Green Window to serve the unserved segments of renewable energy.” “Renewable energy is increasingly cheaper and better for the strategic interests Read more
India’s renewable energy expansion is set to overtake that of the European Union (EU) for the first time by 2022. The installed renewable energy generation capacity in the country would also double by then, says a report titled, Renewables 2017, released by the International Energy Agency. Solar photovoltaic (SPV) and Read more
Private equity fund Actis LLP plans to set up a new firm to house its operational renewable energy assets in India, attracted by the nation’s growing green economy. Actis will likely accommodate the solar projects of Essel Group in the new firm that the private equity fund plans to acquire Read more