Indian Cabinet eyes LCoS of ₹5.50-6.60 per kWh with viability gap funding for BESS

India has approved a scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS) in an attempt to reduce the cost of energy storage for pow...

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Daily Shorts: Bridgepoint buys energy investment firm, Indonesia's PLN looks to shift from coal

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Asset fund manager Bridgepoint announced an agreement to buy energy investor Energy Capital Partners for $1.05 billion, and said the deal would be accretive to profit from day of c...

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Ather boosts R&D spending, raises ₹900 crore to expand products, charging network

Image: Ather Energy

Indian e-two-wheeler (e2W) maker Ather Energy announced it had raised ₹900 crore from existing shareholders Hero MotoCorp and Singapore's sovereign wealth fund GIC. The funds were ...

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Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...

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Daily Roundup: Opel plans EV at half the average price, Petrobras eyes biofuel refinery in Brazil

Image Source: Acelen

Stellantis-owned marque Opel plans to offer an EV for about €25,000 from around 2026, the company's CEO Florian Huettl said. That's less than half the current average price for an ...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...

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India notifies National Framework for Promoting Energy Storage Systems

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The Union power ministry has released the finalized National Framework for Promoting Energy Storage Systems, bringing cheer to the industry as well as forums such as the India Ener...

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​IESA recognises women powering India's clean energy, EV and green hydrogen drive

With Women Equality Day just past, the India Energy Storage Alliance (IESA) called attention to the pivotal role that women play in driving India's clean energy transformation, wit...

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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre...

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Second Coming: India's JSW Group in talks with Chinese company for an EV foray

JSW Group is giving EVs another shot. Image: Shutterstock

JSW Group, India's $23 billion steel-to-paints conglomerate, has held early talks with China's Leapmotor to license the company's electric vehicle technology, Reuters reports, citi...

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Daily Shorts: Tesla range under scanner, Canada clears four wind farms to drive green hydrogen plants

Image: Tesla

Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ...

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India's energy demand to double to 75 exajoules by 2047, boarding hydrogen bus crucial: Dr Lele, Director, NCL

Class participants along with Dr Ashish Lele (standing center, bottom row). Image: IESA Academy

India might have missed several 'busses' such as the solar bus and the semiconductor bus, but the country is all set to board the crucial hydrogen bus along wit...

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'India on track for E20 rollout by 2025, will save ₹35,000 crore in import bills'

India is currently dispensing E20 fuel (petrol blended with 20 percent ethanol) at more than 3,300 stations across the country, and the same will be available pan-India by 2025, Un...

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ONGC to spend ₹2 lakh crore on clean energy projects

ONGC plans to set up onshore as well as offshore wind farms as part of its renewables plan. Image: ONGC

ONGC, India's largest oil company, will invest ₹2 lakh crore (just above $24 billion) on clean energy projects Chairman Arun Kumar Singh told the company's annual general meeting o...

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Daily Shorts: Japanese scale up hydrogen play, US auctions wind sites in Gulf of Mexico

A Japanese-American group plans to produce e-methane in the US, which will be liquefied at the Cameron LNG terminal and exported to Japan from 2030. Image: Pexels

Japanese companies are scaling up their hydrogen act. Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric said they will jointly study a hydrogen and ammonia supply cha...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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Middle East poised for clean revolution, RE capacity to hit 220 GW by 2030

The Middle East is primed for a 'clean revolution' with installed renewable energy capacity in the Middle East-North Africa (MENA) region set to grow from 40 GW in 2022 to 220 GW b...

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At 1.3 MTPA capacity, ACME plans India's single largest green ammonia plant at Gopalpur in Odisha

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Tata Steel and ACME Group announced the signing of a memorandum of understanding to establish a green hydrogen and green ammonia project at Tata Steel's Gopalpur Industrial Park (G...

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Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

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India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th...

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Daily Shorts: Germany eyes geothermal, Malaysia readies EV champion

Germany plans to expand geothermal capacity 10 times by 2030, the country's chancellor said. Germany has some of Europe's biggest geothermal reserves, but has been slow to tap them...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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Daily Shorts: US okays 704 MW offshore wind farm, APA buys $1.1 bn Australian assets

Image: Revolution-wind.com

The US has greenlighted a 704 MW wind farm consisting of 65 wind turbines and two offshore sub-stations off the coast of Rhode Island, as part of plans to install 30 GW of offshore...

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India defines green hydrogen: less than 2kg emissions for 1kg H2

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The Indian government notified the country's green hydrogen standard over the weekend, outlining emission norms that must be met for hydrogen to be classified as 'green', or coming...

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Daily Shorts: Denmark to earmark $4B for CCS, Cargill tests wind powered ships

Denmark will earmark around $4 billion in aid to carbon capture storage (CCS) projects, the country's climate ministry announced. The grants will be disbursed over 15 years, but el...

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Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel...

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Vegetable oil biofuel blend can reduce ship emissions 20 percent, finds GCMD trial

Image: GoodFuels.com

Net carbon emissions can fall up to 20 percent if ships use a vegetable oil biofuel blend compared with marine gasoil, the results of a trial by the Global Centre for Maritime Deca...

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Daily Shorts: Indonesia moves WTO over EU's biodiesel duty, Oxy buys carbon capture company, and more

Image: CarbonEngineering.com

Indonesia has filed a dispute over the European Union's import duties on biodiesel, the WTO announced. The island nation argues that the imposition of countervailing duties — allow...

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Amara Raja starts E Positive Energy Labs, second pillar of Telangana Giga Corridor

Amara Raja Batteries Ltd held the foundation stone laying ceremony of Amara Raja advanced energy research & innovation centre called 'E Positive Energy Labs' at the GMR Aerocit...

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Canada's new rules eye Net Zero power grid by 2035

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Canada has released draft clean electricity regulations aimed at creating a Net Zero power grid by 2035, but said the country would allow some use of fossil fuels. The proposals st...

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Weekend Roundup: India calls for green funds to emerging markets, Dubai picks Masdar for 1800 MW solar capacity

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The chief of India's central bank has said there was an urgent need for increasing green funds to emerging markets. Making closing remarks at a G20 finance event, Reserve Bank of I...

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