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Suzuki Motor turns, targets Rs 10,440 cr investment into EVs by 2025

Japans leading automaker and Indian market leader  Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major []

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Rooftop Solar Can Fulfill Half of Mumbais Power Demand, says MCAP

The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the citys peak energy demand which currently stands at 3600 []

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AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards

Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing Indias domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units []

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The Top 5: Upcoming EVs of 2022 for India

Recording a 168 percent increase in sales in 2021 over a year earlier, the Indian EV market is hyped up for a record 2022. As more and more Indian car manufacturers join the bandwagon for new battery-operated vehicles, it is also notable to see the ones that are still staying out, like market leader Maruti []

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The Top 5: Bestselling EV Autos in the world in 2021

After record-making sales last year, EV sentiment skyrocketed off the charts. In this positive growth trajectory for the EV world, its worth asking which were the bestselling EV autos in the world last year. The year 2021 was phenomenal for the electric vehicles (EVs) industry. Reportedly, the industry saw 6.6 million sales, more than doubling []

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Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the companys chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas []

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As Global Rooftop Solar Booms, India Goes Missing

Energy research and business intelligence firm Rystad Energy has released a new report on global rooftop solar installations. The firm predicts that rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025. This growth reflects the broader solar market, which has been on []

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CSIR- CMERI Inaugurate Worlds Largest Solar Tree in Ludhiana

In a bid to promote the usage of solar energy, the Council For Scientific and Industrial Research (CSIR)s Central Mechanical Engineering Research Institute (CMERI) has developed worlds largest solar tree which was inaugurated today S. Balkar Singh Sandhu, Mayor of Ludhiana Municipal Corporation. The solar tree has been installed at CSIR-CMERI-Centre of Excellence for Farm []

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Bill Gates, Chris Sacca Invest in tech for Net Zero Emissions in Heavy Industries

Microsoft co-founder Bill Gates and Chris Sacca, an early investor in Uber, Twitter, and Instagram, are investing in the US-based start-up Antora Energy to help mitigate climate change. Although Antora Energy is in the early stages of alleviating greenhouse gas emissions from heavy industries, its technology looks promising. Bill Gates is investing in Antora Energy through investing []

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