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energy investments

Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually

Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […]

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Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries

Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’

The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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As EV Costs Drop, States’ Efforts to Ease Barriers Vary Dramatically: Report

According to a report by ACEEE, there are many states in the United States that have done little to reduce barriers for EV adoption. With transportation now the largest source of US greenhouse gas emissions, several states are taking comprehensive steps to help enable residents and businesses to use and charge electric vehicle (EV), yet […]

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Norway Wind Alliance Looks For Government Support For Wind

Looking to get the benefit of the new push for achieving lower emissions targets, besides a pandemic recovery led by investments into clean tech, an alliance of domestic and foreign energy firms in Norway have pitched for government support to achieve higher wind energy goals for the country. Estimating offshore wind energy potential at 10 […]

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NIPSCO Announces Completion of its First Two Wind Projects

Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana. “We are excited to welcome these wind assets to our generating portfolio,” said Mike Hooper, NIPSCO […]

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