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Originally published on Future Trends.

Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.

Cleantech Investments

Reliance Invests In US Energy Storage Company 

A newly-formed subsidiary of Reliance Industries Limited, one of India’s leading industrial conglomerates, has invested in a US-based energy storage company. Reliance New Energy Solar, along with Paulson & Co., Bill Gates, and other investors, invested $144 million in Massachusetts-based Ambri Inc. Reliance New Energy Solar invested $50 million in the transaction.

ReNew Power To Invest $384 Million To Acquire Solar, Hydro Power Assets 

One of India’s leading renewable energy companies, ReNew Power, has announced plans to acquire solar and hydro power projects in the country. The company will spend Rs 28.5 billion ($384 million) to acquire 260 megawatts of solar power capacity and 99 megawatts of hydro power projects.

Canadian Pension Fund Invests $219 Million In Azure Power

International Finance Corporation and its infrastructure fund sold a 19.4% stake in NYSE-listed Azure Power. The stake has been acquired by Ontario Municipal Employees Retirement System (OMERS). CDPQ remains the majority shareholder in Azure Power. The company has 2 gigawatts of operational solar power capacity and another 5 gigawatts capacity under construction.

Electric Mobility

Tata Motors Launches Tigor EV

Tata Motors unveiled its second electric passenger vehicle, the Tigor. The new car has a 26 kilowatt-hour lithium-ion battery pack which can be charged in less than an hour. The car is expected to have a range of around 300 kilometers (186 miles) per charge.

Tata Motors Looking To Raise $1 Billion For Its Electric Mobility Business

Tata Motors is reported to be in talks with leading global PE investors to raise $1 billion for its electric mobility business. According to media reports, the company has approached Blackstone Group, TPG Capital and KKR & Co. for investment in the EV business. The company plans to launch 10 electric vehicle models by 2025. It currently offers two.

Odisha Announces Incentives For Electric Vehicles

The government of Odisha recently announced its electric vehicles policy to attract manufacturers as well as buyers. The state has exempted electric vehicles from road tax and registration fees. Buyers will also be eligible for subsidies of up to $1,360 for buying electric cars. Battery manufacturing units can get up to $136,000 in capital investment support from the government.

More Than Half A Million EVs Registered In India In Last Three Years

The Ministry of Heavy Industries reported that more than 500,000 electric vehicles have been registered in the country since 2018. These vehicles have benefited from government’s Faster Adoption and Manufacturing of Electric Vehicles (FAME India). The second phase of the FAME scheme, launched in April 2019, will offer Rs 100 billion ($1.4 billion) in subsidies to EV buyers. The government expects to facilitate the purchase of more than 1.5 million electric vehicles under this scheme.

Renewable Energy & Batteries

India Achieves 100 Gigawatts Of Renewable Energy Capacity 

On the 12th of August, India’s minister for power and renewable energy, RK Singh, announced on Twitter that the country had achieved the milestone of 100 gigawatts of renewable energy capacity. Solar energy is the largest technology by installed capacity, accounting for 44%, followed by wind energy at 39.5%. Bioenergy accounts for 10% of the installed capacity, while small hydro power projects (less than 25 MW capacity) account for 5%. The rest of the capacity is contributed by waste-to-power capacity. If large hydro power projects are also accounted for, the renewable energy capacity increases to 146 gigawatts.

ReNew Power Signs 400 Megawatt Deal To Supply Round-The-Clock Renewable Energy

The Solar Energy Corporation of India signed a power purchase agreement with ReNew Power for 400 megawatts of solar-wind hybrid power. The company will set up 900 megawatts of wind and 400 megawatts of solar power to meet its obligation to provide round-the-clock power. An undisclosed capacity of battery storage would also be installed.

NTPC Commissions 25 Megawatt Floating Solar Power Project

India’s largest power generation company, NTPC Limited, announced that it commissioned a 25 megawatt floating solar power project in the state of Andhra Pradesh. The project is located at the reservoir of NTPC’s Simhadri thermal power plant. This is the largest floating solar power project in India. NTPC is also working on another floating solar power project with 100 megawatts of capacity.

Engie Commissions 200 Megawatt Solar Power Project 

A subsidiary of French utility Engie has commissioned a 200-megawatt solar power project in the western Indian state of Gujarat. The project is part of the Raghanesda solar power park and the company’s second-largest solar project in the country. The company expects annual generation from the plant to be around 550 million kilowatt-hours, resulting in the reduction of around 400,000 tonnes of carbon dioxide emissions. Engie’s India solar capacity now stands at 1.1 gigawatts. The company also has 280 megawatts of wind power capacity operational.

Acme Solar Plans 3.5 Gigawatt Green Hydrogen Project In Oman

Solar IPP Acme Solar Holdings has announced intentions to set up a solar-wind hybrid project in Oman to produce green hydrogen. The company plans to set up 3 gigawatts of solar power and 500 megawatts of wind energy to produce 900,000 tonnes of green ammonia every year. Construction of the project will entail an investment of $3.5 billion and would be ready over the next three years.

Copenhagen Infrastructure Partners Invests $100 Million In Amp Energy

Amp Energy will receive equity investment of more than $200 million with at least half of it coming from Copenhagen Infrastructure Partners. The investment would be used for the company to develop 1.7 gigawatts of solar and solar-wind hybrid capacity.

Tata Power Commissions 324 Megawatt Tracker-Based Project In Gujarat

Tata Power has commissioned a 324 megawatt solar power project in the western state of Gujarat. The project uses single-axis trackers supplied by New York-based GameChange Solar. The project is the largest to use single-axis trackers in India.

Tata Power Wins $52 Million Solar Battery Storage Project 

Tata Power Solar Power Systems announced that it secured rights to develop a 50 megawatt solar power project with a 50 megawatt-hour battery storage system. The project will be located in Ladakh and is expected to be commissioned by March 2023. This would be India’s first co-located large-scale battery storage project.

 

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Environment

Wisconsin’s first 3 NEVI-funded EV fast charging stations are open

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Wisconsin's first 3 NEVI-funded EV fast charging stations are open

Wisconsin’s first three EV fast charging stations using funding from the National Electric Vehicle Infrastructure (NEVI) Formula program are now online.

The EV fast charging stations are in Ashland, Chippewa Falls, and Menominee, in western Wisconsin, which are rural areas that see a lot of visitors due to tourism and their location along key highway corridors.

As is required by the NEVI program, all three charging stations contain four ports with both CCS and J3400 connectors, and each station can deliver up to 150 kW per port.

NEVI-funded charging stations must also have 24-hour public accessibility and provide amenities like restrooms, food and beverages, and shelter, and must be sited within one travel mile of the Alternative Fuel Corridor.

The stations are located at local Kwik Trips, a Wisconsin-based gas station that serves 12 million customers weekly at more than 880 locations across six states, making the charging experience easy to find and increasing consumer trust.

“It’s great to see more states expanding the NEVI network and filling in coverage gaps for drivers and riders,” said Gabe Klein, executive director of the Joint Office of Energy and Transportation. “EV charging often happens in communities. Whether it’s parents visiting their kids at college, families staying at their cabins, or people road-tripping on Interstate 94 for the holidays – expanding the network gives consumers accessible options to charge their vehicles.”

The stations are part of Kwik Trip’s Kwik Charge program, which will provide DC fast chargers to guests traveling throughout the Midwest. Kwik Trip has received $8.1 million in NEVI funds in Wisconsin to install chargers at 24 of its locations. The company is building an app using Driivz’s software so EV drivers can find Kwik Charge chargers and check charger availability and pricing.

Read more: Kwik Trip is installing DC fast chargers across the Midwest


If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

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Environment

The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days

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The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days

A new study published in the journal Renewable Energy uses data from the state of California to demonstrate that no blackouts occurred when wind-water-solar electricity supply exceeded 100% of demand on the state’s main grid for a record 98 of 116 days from late winter to early summer 2024 for an average (maximum) of 4.84 (10.1) hours per day.

Compared to the same period in 2023, solar output in California is up 31%, wind power is up 8%, and batteries are up a staggering 105%. Batteries supplied up to 12% of nighttime demand by storing and redistributing excess solar energy.

And here’s the kicker: California’s high electricity prices aren’t because of wind, water, and solar energy. (That issue is primarily caused by utilities recovering the cost of wildfire mitigation, transmission and distribution investments, and net energy metering.)

In fact, researchers from Stanford, Lawrence Berkeley National Laboratory, and the University of California, Berkeley found that states with higher shares of renewable energy tend to see lower electricity prices. The takeaway – and the data backs it up – is that a large grid dominated by wind, water, and solar is not only feasible, it’s also reliable.

The researchers concluded:

Despite the rapid growth and high penetration of [wind-water-solar] WWS, the spot price of electricity during the period dropped by more than 50% compared with the same period in the previous year, and no blackouts occurred, giving confidence that the addition of more solar, wind, and batteries should not be a cause for concern.

Mark Z. Jacobson, co-author of the paper and professor of civil and environmental engineering and director of the atmosphere/energy program at Stanford University, explained in an email to Electrek:

This paper shows that the main grid in the world’s fifth-largest economy was able to provide more than 100% of the electricity that it used from only four clean renewable sources: solar, wind, hydroelectric, and geothermal, for anywhere from five minutes to over 10 hours per day for 98 out of 116 days during late winter, all of spring, and early summer, as well as for 132 days during the entire year of 2024, without its grid failing.

The growth of solar, wind, and battery storage, in particular, resulted in fossil gas use dropping 40% during the 116-day period and 25% during the entire year. In comparison with 2023, solar, wind, and battery capacities increased significantly, with batteries doubling in capacity.

The paper also shows that high electricity prices in California have nothing to do with renewables; in fact, without renewables, prices would have been higher.

In fact, 10 of the 11 US states with higher fractions of their demand powered by renewables have among the lowest US electricity prices.

Instead, in California, the spot price of electricity dropped by over 50% during the period of interest between 2023 and 2024, indicating it was easier to match demand with supply with the increase in renewables and batteries in 2024.

Read more: New CA smart grid law will help solar and fix the grid by… simply replacing wires


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

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Watch the Porsche Taycan Turbo GT smoke a Ferrari SF90 and Yamaha R1M in a drag race

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Watch the Porsche Taycan Turbo GT smoke a Ferrari SF90 and Yamaha R1M in a drag race

Is Porsche’s new Taycan faster than a Ferrari SF90 or Yamaha R1M? In an epic new drag race, the Porsche Taycan Turbo GT flexed its power, leaving the Ferrari and Yamaha bike in the dust. Watch the video below.

Porsche Taycan Turbo GT races a Ferrari and Yamaha

Porsche unveiled the Turbo GT model after introducing the upgraded Taycan in February. The new Porsche Taycan has significant improvements, including more range and performance.

The Taycan Turbo GT is Porsche’s fastest production car yet. With up to 1,092 hp, the electric sports car, equipped with its Wiessach Package, can hit 0 to 60 mph in just 2.1 seconds.

Porsche’s GT model took the title from the Tesla Model S Plaid as the fastest electric series production car at the Weathertech Raceway Laguna Seca in California earlier this year. With a lap time of 1:27:87, Porsche topped the previous record of 1:30:30 set by the Tesla Model S Plaid in 2020.

Is the Porsche Taycan Turbo GT fast enough to beat a Ferrari SF90 and Yamaha R1M? The folks at Carwow put them up against one another in a drag race to see.

Porsche Taycan Turbo GT vs Ferrari SF90 vs Yamaha R1M drag race (Source: Carwow)

The Taycan goes up against the SF90 with 769 hp from a 4.0 liter twin-turbo V8 combined with three electric motors. Meanwhile, the Yamaha RM1 is powered by a 1 liter 4 stroke engine, which is good for 200 hp.

You can see that Porsche had no problem handling the Ferrari and Yamaha in the first race. Even with the Ferrari jumping the line in the next race, the Taycan proves its might, beating both to the line. After a few more attempts, the Porsche remained undefeated.

Porsche-Taycan-Turbo-GT-Ferrari
Porsche Taycan Turbo GT with Weissach Package (Source: Porsche AG)

The Taycan Turbo GT completed a quarter-mile in 9.9 seconds, compared to the Ferrari SF90’s 10.0 seconds and the Yamaha RM1’s 10.3 seconds.

With all that power, Porsche’s Taycan Turbo GT, with the Weissach package, comes with a hefty price tag, starting at $230,000. The base 2025 Porsche Taycan starts at $99,400, while the more expensive Turbo and Turbo S trims start at $173,600 and $209,000, respectively.

After finally getting its hands on one, the GT model already took down one of the kings of Carwow’s drag strip. Which vehicle will it take down next?

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