Execs bet on industrial IoT but firms lag in readiness

Many companies are unprepared for the Industrial Internet of Things (IIoT), but most executives at those companies realize that the future of their business depends on it, according to a new study from the Business Performance Innovation (BPI) Network. The study also suggests that large-scale integrators and other channel partners will be among the biggest … Read more

France Emerges as VC Dealmaker for Alternative to Nuclear Energy

Three French companies have emerged as the most prolific venture capital dealmakers for new energy technologies as the country starts to seek out low-polluting alternatives for its aging nuclear reactors. Engie SA, Demeter Partners SA and Total SA participated in more green-energy deals than any other venture capital firms last year, according to the most … Read more

Two thirds of electricity in Canada now comes from renewable energy

Two-thirds of Canada’s electricity supply now comes from renewable sources such as hydro and wind power, the National Energy Board said in a report released Tuesday. Renewable energy production jumped 17 per cent between 2005 and 2015. The portion of all electricity in Canada generated by renewables is now 66 per cent, up from 60 … Read more

Tesla announces new electric grid services by bundling Powerwalls and Powerpacks

Tesla has already been offering energy storage services to electric utilities with the Powerpack – like its 80 MWh Powerpack station with Southern California Edison. But now, the company announces that it will be bundling its residential energy storage product, the Powerwall, with the Powerpack to create “a single resource of shared energy.” It’s a service that … Read more

Solar power tariff falls 80% in 6 years to Rs 2.44 a unit

Upgrade To Premium Services Business Standard is happy to inform you of the launch of “Business Standard Premium Services” As a premium subscriber you get an across device unfettered access to a range of services which include: Access Exclusive content – articles, features opinion pieces Weekly Industry/Genre specific newsletters – Choose multiple industries/genres Access to … Read more

2018 will be ‘take-off year’ for solar in Mexico, says GTM

2017 is still very much a year of construction and groundwork, with next year set to reap the results at last. Source: OCI Solar Analysts and developers alike have been saying that Mexico will be the next biggest solar market for years now. But according to GTM Research’s Manan Parikh, the time is finally approaching … Read more

Indian solar power prices hit record low, undercutting fossil fuels

Wholesale solar power prices have reached another record low in India, faster than analysts predicted and further undercutting the price of fossil fuel-generated power in the country. The tumbling price of solar energy also increases the likelihood that India will meet – and by its own predictions, exceed – the renewable energy targets it set … Read more