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EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily”

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […]

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Electric Vehicles to Cost Less Than ICE Vehicles in EU by 2027: Report

Electric Vehicles will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest Electric Vehicles and vans will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest, according to a new BloombergNEF study commissioned by Transport & […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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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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Italy’s Ecology Minister: 72% power to come from Renewables in 2030

Italy’s Ecology Transition Minister Roberto Cingolani revealed yesterday that the country will have to produce as much as 72% of its electricity with renewable sources in 2030 so as to fulfil the European emissions-reduction target of 55% set for the same year. While in conversation with the Italian daily la Repubblica, he said, “In 2030, […]

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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […]

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bp and Infosys to Collaborate on Reducing Emissions at Campuses and Cities

Infosys and bp have signed a MoU under which they intend to work together to develop an integrated Energy as-a-Service (EaaS) offering Infosys, a global leader in next-generation digital services and consulting and bp, a global integrated energy company, have announced that they have signed a memorandum of understanding (MoU) under which both companies intend […]

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Electric to Dominate 3 Wheeler Market to 2030 In India- Report

Gurugram based market intelligence and research firm Ken Research has issued a report providing an analysis of the adoption of electric 3 wheelers (E3Ws) in India. The report titled, “India Electric Three-Wheeler Market Outlook to 2025- By Wheeler Type (Passenger, Goods, Personal), By Vehicle Category (Transport and Non-Transport), Registration by Region (North, East, West, South) […]

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Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa

At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […]

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