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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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26% increase in Solar Power Generation in the U.S. in 2020

Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […]

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Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil

The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […]

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Renewables- The Success Story of the Covid-19 Era: IEA Report

A new report by the International Energy Agency (IEA) has found that the renewables sector has remained the success story of the Covid 19 era and is set to provide more than half of the increase in global electricity supply in 2021, of which China alone is likely to account for almost half of the […]

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EPO-IEA report: Accelerate Clean Energy Innovation for Carbon Neutrality

While the world’s carbon emissions continue to rise, technological innovation in the clean energy sector is failing to counter them with a good momentum, as per a joint report released by the European Patent Office (EPO) and the International Energy Agency (IEA) yesterday. The report entitled ‘Patents and the Energy Transition: Global Trends in Clean Energy […]

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Global CO2 Emissions set for Second Biggest Increase in History: IEA

A new report finds global energy-related CO2 emissions to be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history A new report by the International Energy Agency (IEA) has predicted that the global energy-related CO2 emissions will be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history […]

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Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC

The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […]

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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA

The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […]

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