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Two public sector giants in India’s energy sector have come together to set up offshore wind energy projects.

According to media reports, power generation company NTPC Limited and oil and gas exploration company ONGC Limited have announced a partnership to set up offshore wind energy projects. The two companies signed a memorandum of understanding last year. The partnership agreement also covers other clean energy sectors like storage and e-mobility.

NTPC recently announced plans to set up 60 gigawatts of renewable energy capacity by 2032. To put this in perspective, NTPC currently has an installed capacity of 66 gigawatts, dominated by coal-based power capacity with 46.6-gigawatts of capacity. The company has just over 1 gigawatt of solar and wind energy capacity. It recently participated in competitive auctions and secured rights to develop large-scale solar power projects.

The Ministry of New and Renewable Energy (MNRE) has set a target to set up 5 gigawatts offshore capacity by 2022 and 30 gigawatts capacity by 2030. However, progress on this front has been extremely slow. The Centre for Wind Energy Technology (C-WET) launched a survey to assess offshore wind energy potential in India in 2010. The survey was expected to be completed in 2-3 years. India adopted its offshore wind energy policy in 2015 and there have been many reports indicating implementation of the first offshore wind project in the the country, but nothing has materialized.

In 2018, MNRE issued an expression of interest to set up an offshore wind energy project. While the EoI attracted interest from several leading Indian and international companies, no further progress has been reported since. In 2019, there were news reports claiming imminent launch of a tender for India’s first-ever auction for an offshore project. The project was supposed to be located in the western state of Gujarat and receive more than $900 million in subsidies. Again, no progress has been reported on this project.

The latest announcement of partnership between the two public sector companies is unlikely to bear any fruits in terms of actual project development, at least in the near future. Offshore wind projects, while much more efficient compared to onshore projects, are very expensive. At present, the subsidized offshore projects will not be able to compete with record-low solar power tariffs.


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Battery powered trailer boost range, efficiency — now for $120,000 less

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Battery powered trailer boost range, efficiency — now for 0,000 less

The RA electric trailer from Range Energy promises to turn your diesel truck into a hybrid or extend the range of your electric semi – and now it qualifies for a $120,000 voucher in California.

California’s Clean Off-Road Equipment (CORE) Voucher Project aims to make it easier for commercial fleets to decarbonize. Last July, Range became the first trailer electrification platform to be accepted into CORE with an $80,000 rebate.

This year, Range Energy bumped its largest battery offering to 300 kWh. The state, in turn, showed its confidence in the electric trailer concept by bumping that rebate a full 50%.

“Becoming eligible for CORE proved that trailers truly matter in the transition to electric, and that CARB recognizes the meaningful impact electric-powered trailers can have on reducing the emissions of the commercial trucking sector,” said Ali Javidan, founder and CEO of Range. “Increasing our trailer platform’s incentive value by $40,000 further solidifies that position and makes Range a realistic near-term solution for fleet owners and operators.”

The company claims the Range Energy electric trailers can double a trucks’ fuel economy and slash its NOx emissions by as much as 67%. When we last covered Range, its electric trailer system had just undergone independent testing that found a 36% real-world improvement on a 25-mile urban/high loop at 60 mph top speeds with a 59,000 lb. gross vehicle weight (well below the 80,000 lb. maximum).

Electrek’s Take

Image via Range Energy.

It’s great to see concepts like this electric trailer come into play with some government dollars behind them. If they work (and if their weight penalties don’t hurt shippers’ profit margins), they’ll make it real easy for truck fleets to dip their toes into the waters of electrification while hydrogen and batteries battle it out for ultimate supremacy.

I’m betting batteries, for what it’s worth – but Range Energy customers will be able to put their electric trailers to work behind either!

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Quick Charge Podcast: February 26, 2024

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Quick Charge Podcast: February 26, 2024

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links):

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Drop us a line at tips@electrek.co. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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You won’t believe who bought almost $1 million worth of Tesla Roadsters

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You won't believe who bought almost  million worth of Tesla Roadsters

In a surprising turn of events, we now learn that billionaire Dan O’Dowd bought the 3 Tesla Roadsters that were lost in a Chinese port for over a decade.

Last year, we reported on a strange story of three brand-new Tesla Roadsters that were found inside a shipping container in China.

It appears that a Chinese company bought the Roadster back in 2011 with the hope of reverse-engineering them. However, the shipment was blocked by customs in China and the vehicles never made it to the company.

Last year, someone finally was able to get them and ship them to the US.

Tesla ever only produced just over 2,000 original Roadsters between 2008 and 2011, making them rare in the first place.

On top of the usual unit you lose to accidents and time, Roadsters had a few bad luck incidents, including losing dozens of units to two separate fires at Gruber Motors, which specializes in fixing first-generation Tesla Roadsters.

It makes the remaining ones more valuable, and ironically, Gruber was leading the auction for the lost Roadsters.

At one point, the company claimed that the three Roadsters together would go for over $1 million.

Almost a year later, we now know who bought them.

Dan of the popular YouTube channel What’s Inside got an exclusive look at the Roadsters – giving us a great look at this little piece of EV history:

Dan revealed Dan O’Dowd, the billionaire founder of Green Hills Software, is the new owner of the Roadster.

To Tesla fans, O’Dowd is better known as the guy running the Dawn Project, which is basically a campaign against Tesla’s Full Self-Driving effort.

It could be surprising, considering how consistently O’Dowd has been attacking Tesla and Elon Musk, but he is apparently a fan of Tesla vehicles other than its Autopilot and FSD Beta, which the Roadster is not equipped with anyway.

He already owns a couple of Roadsters, according to What’s Inside’s video.

Now, if you are familiar with What’s Inside, you know that they tend to cut through things to find out what’s inside them, but obviously, Dan won’t be doing that with these Roadsters. The video is still a great look at what could be some of the best-preserved Roadsters on the planet.

Also, we now learn how much O’Dowd paid for the Roadsters.

Carl Medlock of Medlock and Sons, an independent Tesla repair shop, helped O’Dowd in the purchase and confirmed that the billionaire paid $800,000 for the three Roadsters.

That’s well below the up to $2 million offers that Gruber teased. In fact, Medlock claims that the only other big serious offer was for $500,000.

Regardless, at an average of over $250,000 per Roadster, it makes them some of the most valuable Roadsters to date.

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