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Global RE Growth Hits New Highs Amid Falling Costs: IEA Report

Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […]

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More Actions Needed To Achieve Net-Zero Targets: Wood Mackenzie

A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s Energy Transition Outlook report, an assessment of the global journey towards a lower-carbon future. The new report analyses four different pathways […]

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India Can Turn To Global South For Its Critical Minerals Needs: IEEFA

India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […]

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COP29 At Azerbaijan- Sungrow Steps Up To Back Green Transition

With the world’s attention set for the events at COP29, starting November 11 in Azerbaijan, it has become an important time to track the changes in the host country itself. In line with the country’s commitment to diversify its economy and reduce greenhouse gas emissions, Azerbaijan aims to increase its installed power capacity from renewable […]

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PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery

China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […]

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Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More

Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […]

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Govt Calls For Proposal To Develop EV Charging Sub-systems

The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […]

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IEA Flags Supply Side Risks For Global Energy Security

The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […]

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EKA Mobility bags 250 E-Bus Order From Nagpur Municipality

EKA Mobility (Pinnacle Mobility Solutions Pvt. Ltd.), a leading electric vehicle manufacturer has won a new order from the Nagpur Municipal Corporation (NMC) for supplying 250 electric buses. The fleet will serve major routes across the city, enhancing the quality of public transport while significantly lowering operational costs and emissions. The contract for this service […]

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