India’s stored potential
Renewable Energy Expo India (REI) returns to Greater Noida at the start of October, for what will be its 17th edition. For the second year running, The Battery Show India will run concurrently with REI. pv magazine had the chance to catch up with Julian Thomas, Senior Project Director at show organizer Informa Markets, to discuss why electric vehicles and energy storage are now the key to India’s energy transition.
Timber framed solar carports for residential, commercial applications
Sweden-based Innoventum has launched a solar carport line equipped with bifacial modules in a larch wood structure. The solution may include electric vehicle charging, energy storage, LED lighting, and inverter systems.
Gensol Engineering profit 129% up in FY 2024
Gensol Engineering recorded consolidated revenue of INR 996 crore and net profit of INR 53 crore for fiscal 2023-24.
Lithos technology reduces water use in lithium extraction
Lithos applied for a $30 million DOE grant, which will help increase the facility’s capacity to sustainably process lithium hydroxide.
Adani Total Gas partners Shigan to decarbonize supply chain
Adani Total Gas Ltd and Shigan will explore retrofitting internal combustion engine (ICE) to run on alternate fuels like CNG and LNG. They will also explore e-mobility-based solutions for last-mile delivery players and use-cases for green hydrogen as fuel for ICE vehicles.
Erisha E-Mobility, Uttarakhand Govt sign MoU worth INR 1,900 crore
Erisha E-Mobility and the Uttarakhand Government have signed a Memorandum of Understanding (MOU) to establish an electric vehicle (EV) park and deploy 100 state-of-the-art EV charging hubs across Uttarakhand.
NIIFL launches $600 million bilateral India-Japan Fund
The India-Japan Fund will actively invest in India’s environmental preservation sector, including renewable energy and e-mobility businesses.
India needs $15 trillion to achieve net zero by 2070, says FICCI-Deloitte report
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
India’s transition to net-zero emissions presents $12.7 trillion investment opportunity
India’s energy system requires investments totaling $12.7 trillion between 2022 and 2050 to reach net-zero emissions by mid-century.
Delhi’s aggressive EV timelines may hit gig workers’ livelihood: IAMAI
The recently released Delhi motor vehicle aggregator and delivery service provider scheme envisages that aggregators and delivery service providers in Delhi will switch to an all-electric fleet by April 1, 2030.
