Grid

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EU Proposes Action Plan for Faster Rollout of Electricity Grids

The European Commission has proposed an action plan to ensure that electricity grids in the European Union (EU) operate efficiently and are rolled out further and faster....

November 30, 2023

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Staff

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Grid

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Other
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CERC Approves Charges of ₹249 Million for Fatehgarh Transmission Project

Central Electricity Regulatory Commission (CERC) has approved an annual transmission charge of ₹248.67 million (~$2.98 million) as per the final offer by Apraava Energy...

November 29, 2023

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Arjun Joshi

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Grid

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Market & Policy
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Government Mandates Blending of Compressed Biogas in CNG and PNG

In a move to enhance the adoption of Compressed Biogas (CBG) and foster sustainable energy practices, the National Biofuels Coordination Committee, chaired by Union...

November 27, 2023

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Gautamee Hazarika

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Biofuel

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Market & Policy
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Grid Modernization Key to Renewables Integration: Sterlite Power Interview

Integrating solar and wind power requires a resilient grid to ensure a consistent and reliable energy supply. As India targets 500 GW of renewables by 2030, a stable...

November 27, 2023

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Gautamee Hazarika

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Grid

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Market & Policy

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T&D
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Electric Mobility Company Baaz Bikes Raises $8 Million

New Delhi-based electric vehicle company Baaz Bikes has announced the completion of its Series A funding round, raising $8 million. The funding round was led by...

November 22, 2023

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Staff

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Electric Vehicles

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Grid
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CESL Invites Bids to Procure 3,600 Electric Buses under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids to select an operator for the...

November 21, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid

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Tenders & Auctions
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US Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing

The U.S. Department of Energy (DOE) has announced funding of $3.5 billion to boost domestic production of advanced batteries and battery materials. The initiative aims...

November 16, 2023

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Gautamee Hazarika

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Energy Storage

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Grid
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CEA Recommends Measures for EV-to-Grid Charging

The Central Electricity Authority (CEA) has suggested measures to standardize and ensure the interoperability of batteries to facilitate the integration of electric...

November 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid
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Hyundai to Manufacture 200,000 EVs Annually at New South Korea Plant

Car maker Hyundai Motors is setting up a new electric vehicle (EV) plant in Ulsan, South Korea, with an investment of KRW2 trillion ($1.53 billion). The construction for...

November 13, 2023

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Staff

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Electric Vehicles

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Manufacturing
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Solid Power Reports a Net Loss of $15 Million in Q3 2023, Up 22% YoY

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), recorded a net loss of $15.14 million during the third quarter (Q3) of 2023, a...

November 8, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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IndiGrid’s Q2 FY 2024 Profits Plummet to $388.91 Million, Down 69.1% YoY

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹32.3 billion (~$388.91 million) during the second quarter (Q2) of the...

November 8, 2023

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Gautamee Hazarika

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Grid

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Market & Policy
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REC Subsidiary Floats Tenders to Evacuate 11 GW Renewable Power in Rajasthan

REC Power Development and Consultancy (RECPDCL), a fully-owned subsidiary of REC, has floated two tenders to establish an inter-state transmission system (ISTS) to...

November 6, 2023

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Arjun Joshi

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Grid

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Tenders and Auctions
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Stem’s Net Loss Jumps 124%, Despite High Revenues as Operating Expenses Surge

Stem, a smart energy storage company, reported a net loss of $77.1 million in the third quarter (Q3) of 2023, a 124% year-over-year (YoY) surge from the net loss of $34....

November 3, 2023

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Staff

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Energy Storage

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Market & Policy
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Toyota Announces $8 Billion Investment in its US Battery Facility

Automobile manufacturer Toyota has announced an $8 billion investment in its United States-based facility, Toyota Battery Manufacturing North Carolina (TBMNC), aiming to...

November 3, 2023

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Staff

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Electric Vehicles

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Grid
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Inox Wind Raises ₹8 Billion by Selling Equity Shares to Pare Down Debt

Wind energy solutions company Inox Wind (IWEL) has raised around ₹8 billion (~ $96.93 million) by selling its equity shares, advancing towards achieving a debt-free...

November 2, 2023

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Staff

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Market & Policy

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Wind

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