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Solar energy storage manufacturers want lower GST levy on batteries

According to reports, solar energy storage manufacturers have sought lowering the Goods and Services Tax levy on batteries. In a letter to Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy, and Mines, Piyush Goyal, the India Energy Storage Alliance said, “We believe the rates currently proposed for these components if applicable also to secondary batteries (that is rechargeable batteries/energy storage) could hinder the adoption of energy storage in grid applications such as energy access/Renewable Energy (RE) integration ... Read More »

SoftBank’s India solar ambitions may gain from Modi’s EV push

According to reports, SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit informed. India is considering electrifying all its vehicles over the next 15 years, a plan that could boost SoftBank’s solar ambitions in the country if the government adopts renewable energy to charge the vehicles. SoftBank, which has said it will invest up to $20 ... Read More »

SoftBank’s India solar ambitions may gain from PM Modi’s electric vehicle push

According to reports, SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit told Reuters. India is considering electrifying all its vehicles over the next 15 years, a plan that could boost SoftBank’s solar ambitions in the country if the government adopts renewable energy to charge the vehicles. SoftBank, which has said it will invest up ... Read More »

Hero Future Energies to set up solar charging stations for electric vehicles

According to reports,  Hero Future Energies Pvt. Ltd, a company promoted by the Munjal family, plans to enter the battery storage business and set up charging stations to tap India’s emerging electric vehicles (EV) market, chief executive officer Sunil Jain said. The plan comes at a time when the ‘Bharat Charger’ specifications for electric vehicles are being firmed up. The department of heavy industries (DHI) has submitted its report on these specifications for charging stations to a government committee on ... Read More »

‘Electric mobility is the only way to get renewables in transportation’

According to reports, Mobility, is one of the pioneers in the electric mobility space, clocking more than 18 years on the track. After many years of trials and tribulations with Reva (now Mahindra Reva), Maini has finally moved on to building an entire ecosystem of renewable energy-based infrastructure with his new venture Sun Mobility. In an interview with ETtech, Chetan Maini, the vice-chairman of Sun, talks about his first venture, government policies, Elon Musk and why his new platform is cost ... Read More »

Praj opens India’s first second-generation bio-refinery for renewable fuels

According to reports, Praj Industries on Sunday announced the opening of India’s first integrated bio-refinery for renewable fuels and chemicals which will use a variety of agricultural residues to produce a variety of products. The second-generation bio-refinery demonstration plant, inaugurated by union minister Nitin Gadkari, is capable of producing 1 million litres per annum (MLPA) of ethanol by processing a variety of agri-residue like rice and wheat straw, cotton stalk, bagasse, cane trash, corn cobs and stover, etc, with superior ... Read More »

Solar energy to power Delhi Metro’s Phase III

According to reports, Delhi Metro’s Phase III is likely to be fully powered by solar energy.  Last week, Delhi Metro signed a purchase agreement for 25 years with Rewa Ultra Mega Solar Limited, a joint venture between Solar Energy Corporation of India and the Madhya Pradesh government.  Under this agreement, Delhi Metro will source 345 MUs annually from this project, “Effectively, the entire energy requirement of phase III of Delhi Metro project,” said a statement by the Delhi Metro Rail Corporation (DMRC). ... Read More »

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