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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead

With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […]

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Gadkari Predicts: All Buses in India Will Switch to Electric in 2 Years

Only electric buses will run across India in the next two years and that too without making it mandatory, Nitin Gadkari, India’s road transport and highways minister, said in New Delhi on Sept. 23. Speaking at an event on energy efficiency in micro, small and medium enterprises, Gadkari said that cost-saving in running Internal Combustion […]

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At REI 2019, Hope Makes A Comeback, Against the Odds

The Renewable Energy India (REI) Expo 2019 began at the India Expo Centre of Greater Noida yesterday. The event will run till September 20, offering the largest assembly of players in the renewable energy and now, the e-mobility sector in India. The Expo, in its 13th year, justifiably claims to be the biggest such show […]

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REIL Tenders for 2 MW Rooftop Solar Projects on Govt Buildings

REIL has issued a tender for the installation of 2 MW rooftop solar projects at various government buildings in Jaipur. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, seeking bids from eligible bidders for the installation of 2000 kWp (2 MW) grid-connected rooftop solar projects at various government buildings in Jaipur. The scope […]

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Vattenfall and NewMotion Sign E-Mobility Roaming Agreement in UK

Vattenfall, NewMotion have signed a roaming agreement for the UK as the first step towards interoperability of EV charging networks Vattenfall and NewMotion, two leading companies in smart charging solutions for electric vehicles (EV) in Europe, have signed a roaming agreement for the UK as the first step towards interoperability in the UK. This will […]

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Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses

Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […]

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Will Tax Sops Help in Faster Adoption of Electric Vehicles?

To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […]

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