Author: Saur News Bureau

India Invites GCC Nations to Invest in Sustainable Energy Sectors

India invited the Gulf Cooperation Council (GCC) member countries on Tuesday to invest in the sustainable energy sectors in the country, which is one of the major focus areas of the government. Addressing the representatives of the GCC countries at India pavilion EXPO2020 Dubai, Mr Vipul, Joint Secretary, Gulf, MEA said that India’s sustainable energy […]

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Australia Plans $740 M Fund to Develop Low-emissions Tech

Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […]

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ISA Fills The Gaps, With US as 101st Member, Tie-Up With Nordic Countries For Funding

The International Solar Alliance (ISA) has seen hectic activity at Glasgow, during the COP 26 summit. The latest announcements from the largest multilateral organisation in recent years is the induction of the United States as a member country, the 101st to do so. John Kerry U.S. Special Presidential Envoy for Climate announced at the UNFCCC […]

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Chile to Double its Energy Storage Capacity Together with AES

In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […]

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Auto Major M&M to Launch 16 EV Models by 2027

Home-grown automaker Mahindra and Mahindra (M&M) is very bullish on the Indian automobile market and has set a cumulative revenue growth target of 15-20% by the year 2025. The company also said that it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle (LCV) categories to strengthen its leadership […]

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Okaya Unveils New Lithium Battery for Home Inverter & UPS App

Get freedom from long and frequent power Cuts with Okaya Royal—India’s First Lithium Battery compatible with all the major make and models of Lead Acid or Lithium battery compatible Inverters, says Okaya. Okaya Power Group has unveiled “Okaya Royale,” a new range of lithium battery for home inverter and UPS. Equipped with cutting edge latest […]

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EDP to Invest in 1.5 GW of Green Hydrogen by 2030

Portugal’s largest utility EDP said on Tuesday it was increasing its bet on green hydrogen and aimed to reach 1.5 gigawatts (GW) of installed capacity by 2030, capitalising on its presence in key markets such as Iberia, the United States and Brazil. The announcement, made during the COP26 climate conference in Glasgow, came after EDP […]

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IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years

Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […]

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