IESA proposes a policy framework for energy storage in Electricity Act
Defining energy storage under the Electricity Act could help start ancillary services and frequency regulation through energy storage as a flexible asset. It will also help to enable electric vehicle charging infrastructure, vehicle-to-grid (V2G) concepts and microgrids integration with expanded grid connectivity in the long run, according to the industry body.
Tata Power to set up superfast EV chargers at MG Motor outlets
The 50KW DC chargers will be accessible by both MG ZS electric vehicle (EV) customers as well as other EV owners whose automobiles are compatible with the CCS/CHAdeMO charging standards.
India’s IPLTech to use Faradion sodium-ion batteries for commercial vehicles
The Gurgaon-based data-driven fleet service provider—which launched India’s first all-electric heavy-duty truck last year—will use Faradion’s sodium-ion batteries in its commercial vehicles.
DST launches energy storage innovation challenge
October 31 is the last date to submit proposals for developing economically viable energy storage solutions that can be integrated with appropriate renewable energy sources to provide an uninterrupted power supply for rural households and enterprises.
Tata Power aims to set up 700 EV charging stations this fiscal
Under the brand name EZ Charge, Tata Power has already installed 170 fast and smart-charging points for electric vehicles in more than 20 cities across the country.
NTPC, ONGC sign MoU to set up renewable energy JV
As per the MoU, the state-owned power producer along with the oil and gas producer shall explore setting up of renewable energy projects in India and overseas, and sustainability, storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.
Globally, electric vehicles show more resilience than conventional cars during Covid-19 shock
EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
Covid-19 can impact electric vehicle demand
Industry body FICCI has recommended an extension of the FAME II Scheme by at least one year to 2023 as it feels change in the consumer behavior can impact the demand for electric vehicles (EVs) in the short term.
EU, India invite joint research proposals on integrated local energy systems
The projects shall be co-funded by India’s Department of Science & Technology and the European Commission’s Innovation and Networks Executive Agency. The aim is to make energy supply cleaner, more efficient and affordable by smartly integrating large amounts of renewable energy in local energy systems. Proposals can be submitted till September 1.
Renewable power poised for a big leap with storage technologies
While the solar and storage pairing is still relatively new, the growth over the next five years will be significant globally. As against just 5% in 2019, by 2025 more than 25% of all behind-the-meter solar systems will be paired with storage.
