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Exploration of lithium in India
During the present FSP 2022-23, the Geological Survey of India (GSI) has taken up 18 projects on Lithium in Arunachal Pradesh, Chhattisgarh, Jammu & Kashmir, Jharkhand, Meghalaya, Nagaland, Rajasthan. However, resource of lithium has not yet been augmented by GSI.
NTPC inks Statement of Intent with NITI Aayog to develop Net Zero GHG emissions Roadmap for NTPC
The Statement of Intent seeks to formalize a framework of cooperation between the parties to facilitate NTPC to strategies on diversification of its generation mix to eventually reduce its carbon footprint and support India’s endeavor towards achieving net zero by 2070.
Steps by Government of India to promote renewable energy in the country
India has reached a total of 114.07 GW installed renewable energy capacity (excluding large hydro) as on June 30, 2022.
Over 13 lakh electric vehicles in use in India
The centre is taking a number of steps to promote the use of electric vehicles in India.
CCI approves increase in proportion of voting rights held by CPPIB in ReNew Energy Global
The proposed combination envisages increase in proportion of voting rights held by Canada Pension Plan Investment Board (CPPIB) in ReNew Energy Global plc. (ReNew) as a result of repurchase program to buyback Class A Ordinary Shares (i.e., shares carrying voting rights) announced by ReNew (Buyback).
The worldwide PV inverter industry is expected to reach $15.8 billion by 2030
The residential end-use segment is expected to witness significant growth over the forecast period on account of increased demand for solar renewable energy among consumers for electrification purposes, home appliances, and other applications.
2,877 EV charging stations sanctioned under FAME–II in 68 cities across 25 States/UTs
Further, 1576 charging stations have also been sanctioned across 9 Expressways and 16 Highways under Phase II of FAME India Scheme.
Enphase Energy powers one of India’s largest integrated solar roof for Pangaea Natural Stone in Rajasthan
The 530 kWp InRoof solar system, designed by Ornate Solar, is powered by module-level power electronics in the form of microinverters from Enphase Energy. The solar roof installation will help Pangaea Natural Stone meet its net-zero goals by offsetting 18,346 tons of CO2 emissions.
PTC India and AutoGrid sign MoU to provide AI and ML technology-based solutions to the Indian power market
Collaboration to focus on flexibility management including Demand Response for distribution utilities, optimization of Distributed Energy Resources such as solar, wind and battery storage assets for generators, distribution companies and large Commercial & Industrial consumers.
IESA partners with Australian Future Battery Industries Cooperative Research Centre
India Energy Storage Alliance (IESA) and Australian Future Battery Industries Cooperative Research Centre have collaborated on strategic initiatives that offer potential benefits to battery industries in Australia and India, its development and integration and Australian and India battery value chains.
