India is presenting a potential investment opportunity of $50 billion in battery storage facilities that could help integrate renewable energy into the grid, replace polluting diesel-fueled power and boost electric mobility, the head of American energy firm AES Corp. said.
India’s power retailers may need to start paying in advance for their electricity purchase in a bid to ease financial stress at generators. Concerned over delayed payments to generators, the federal power ministry has formed a panel to
ABB Ltd. is working with advisers to prepare the potential separation of its power grid unit, people familiar with the matter said
India is seeking $1.5 billion of investments from global oil producers and traders to build additional emergency crude reserves that will act as a buffer against volatility in oil prices.
India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as U.S. sanctions hit.
Tenaga Nasional Bhd., the most valuable listed utility company in emerging Asia, is looking to sell its gas-fired power plant in Pakistan as it pushes forward with a plan to rely more on renewable sources of energy.
Umer Anwer stops on the street near Tesla Inc.’s Brooklyn showroom and grabs his smartphone. He’s looking for a spot to charge his electric car, and the Tesla charging plugs won’t work with the Nissan Leaf he’s driving.
India’s government seems intent on abandoning good ideas for dealing with the country’s banking crisis and encouraging bad ones.
Being an emerging-market economy can be tough when oil prices surge and your currency crumbles.
BP’s latest review of the world’s appetite for energy, published this week, contained a startling chart indicating that coal’s grip on electricity generation has not changed in 20 years.