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OECD electricity production rises 3.7%, driven by solar power surge, renewable growth
In May 2024, total net electricity production in the OECD reached 854.4 TWh, marking a 3.7% increase compared to the same month last year, according to the IEA Monthly Electricity Statistics. This growth was primarily driven by a strong increase in renewable energy generation, which rose by 6.6% year-on-year (y-o-y). Solar power saw the most significant growth, surging by 19.7% y-o-y, while wind power also contributed with a 5.8% y-o-y increase. Hydropower generation remained largely…
Dominion Energy, AEP, FirstEnergy propose new transmission lines in PJM region
Dominion Energy Virginia, American Electric Power (AEP), and FirstEnergy have announced a joint agreement to develop new regional transmission projects within the PJM footprint, which covers 13 states in the US. The initiative responds to the Federal Energy Regulatory Commission’s (FERC) call for cost-effective regional transmission development. The proposed projects, submitted through PJM’s Regional Transmission Expansion Plan (RTEP), include 765kV, 500kV, and 345kV transmission lines in Virginia, Ohio, and West Virginia. These are in the…
Government to launch FAME-III scheme within two months
The Indian government plans to roll out the third phase of the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme within the next two months, according to H D Kumaraswamy, Minister of Heavy Industries. Speaking at an industry event in New Delhi, Kumaraswamy emphasized the government’s commitment to advancing India’s electric vehicle (EV) ecosystem, focusing on local manufacturing and sustainable growth. The FAME scheme, initiated in 2015 with an initial outlay of approximately Rs…
Uttar Pradesh advances with development of 3,710 MW solar parks
Uttar Pradesh is advancing the development of several large-scale solar projects, including nine solar parks with a combined capacity of 3,710 MW. Of these, three parks with a total capacity of 435 MW have already been commissioned, and land allocation for all nine parks has been finalized. The solar parks are located across various regions, including Bundelkhand (Jhansi, Lalitpur, Chitrakoot, and Jalaun) and in Kanpur Nagar, Kanpur Dehat, Mirzapur, and Prayagraj. The bidding process for…
Italian researchers develop novel method to recover silver from end-of-life solar cells
Researchers from Italy’s University of Camerino have developed a new method to recover silver from end-of-life solar cells, achieving an impressive recovery efficiency of 98%. This novel approach combines hydrometallurgical and electrochemical processes, which use aqueous solutions and electric currents, respectively, to extract and recover metals. Traditional metal extraction, such as open-pit mining, can cause significant environmental damage. In contrast, metal recovery from industrial waste can reduce environmental impact and lower energy consumption, offering a…
48 per cent GST on hybrid cars, 5 per cent on EVs to stay: Amitabh Kant
Mercedes-Benz India’s Managing Director and CEO, Santosh Iyer, has praised the Central government’s commitment to the transition from internal combustion engine (ICE) cars to electric vehicles (EVs). Iyer referred to the recent statement by India’s G20 Sherpa, Amitabh Kant, reaffirming the country’s long-term plan to maintain a 5% tax on electric cars and 48% tax on hybrid vehicles. On Thursday, Mercedes-Benz launched its first electric Maybach SUV, the Maybach EQS 680, starting at Rs 22.5…