There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reducing the consumption of fossil fuels to fight climate change. But one positive that delegates can point to is the growing fleet of electric vehicles worldwide that is already making a surprisingly big dent in demand. […]
Category: Power
Power
Bihar govt to provide up to Rs 1.25 lakh, 75% tax relief to promote EVs
The Bihar government will provide up to Rs 1.25 lakh on the purchase of the first 1,000 electric four-wheelers for personal use. Alongside, the government will also provide up to 75 per cent relief on the payment of Motor Vehicle Tax. To this end, the Bihar government on Tuesday, December 5 approved the Bihar Electric […]
Hero MotoCorp, Ather Energy partner on interoperable EV charging stations
Two-wheeler manufacturer Hero MotoCorp has partnered with Ather Energy for an interoperable fast-charging network in the country, the company said in a regulatory filing with the BSE on Wednesday, December 6. The partnership will allow EV users to use both VIDA and Ather Grids across the country. The combined network will cover 100 cities with […]
Govt to take serious note of dumping of lithium-ion battery waste: Gadkari
The government will take serious note of any report about ill effects of dumping lithium-ion battery waste on the environment and is promoting circular economy for recycling of various waste materials, Road Transport and Highways Minister Nitin Gadkari told Rajya Sabha on Wednesday. The issue of ill effect of lithium-ion battery waste dumping and on […]
COP28 secures $83 bn in climate pledges; India skips energy, health pledges
The first week of the COP28 global climate talks concluded with a significant milestone with the operationalisation of the Loss and Damage Fund, pledges of over USD 83 billion and the draft text for Global Stocktake mentioning phasing out of all fossil fuels for the first time in years. However, even as over USD 83 […]
COP28: Renewables a way to phase out fossil fuels, says TotalEnergies
TotalEnergies’s CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. “It’s the right way to frame the object, tripling renewables, because if we don’t do that, there’s no way to phase out fossil energy,” Patrick Pouyanne […]
India’s green hydrogen aid receives cautious response from investors
India’s first tranche of subsidies as part of a $2.4 billion green hydrogen plan attracted bidders including Sembcorp Industries, JSW Energy Ltd. and AM Green, while other major companies stayed away, according to people familiar with the development. Acme Solar Holdings and Avaada Group also competed to help build a total capacity of 450,000 tons […]
EKI Energy partners with Indian Oil to promote sustainable solar cooking
Global carbon credit developer and supplier EKI Energy Services and state-owned refiner Indian Oil Corporation have collaborated to promote sustainable indoor solar cooking system. EKI Energy Services and Indian Oil Corporation (IndianOil) have formalised a Memorandum of Understanding (MOU) to this effect, an EKI statement said. According to the statement, this strategic collaboration aims to […]
India needs high economic growth to invest in energy transition: CEA
India requires high economic growth to invest in energy transition, Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said, observing that the country needs time to move away from coal to renewable energy. Addressing an event here, India is well ahead of other G20 countries in meeting the Nationally Determined Contributions (NDCs) target. “(India) […]
India considering development of SMRs to fulfil clean energy transition
India is considering steps for the development of small modular reactors to fulfil its commitment to clean energy transition, Union Science and Technology Minister Jitendra Singh said on Wednesday. In a written reply to a question in the Lok Sabha, Singh said small modular reactors (SMRs), with their unique features of modularity, scalability, small footprint […]
Group to invest $75 bn to scale up AGEL’s RE portfolio to 45 GW: Adani
Adani Group has plans to invest $ 75 billion on energy transition initiatives by 2030, its chairman Gautam Adani said on Wednesday. The investments will boost the group’s vision to have 45 gigawatt of renewable energy capacity by 2030, Adani said in a statement. “We are committed to largescale renewables, developing an indigenous fully integrated […]
Adani Green Energy ranked second-largest global solar PV developer: Mercom
Adani Green Energy Limited (AGEL) has been declared the second-largest global solar PV developer in the global solar energy sector, according to Mercom Capital Group’s Annual Global Report. Mercom Capital Group is a clean energy communications and research firm. In its global annual report, it has unveiled the top ten leading global large-scale solar PV […]