NITI Aayog and Rocky Mountain Institute (RMI) India released a new report ‘Mobilising Electric Vehicle Financing in India’, which highlights the role of finance in the India’s transition to electric vehicles (EVs) and analyses that the transition will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh Read more…
Source: RenewableWatch
A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). Read more…
Cities are home to more than 55 percent of the global population and also energy use in cities contributes to around three-quarters of the world’s CO2 emissions. Thus, city-level action can significantly contribute to decarbonize the energy system, enhancing resilience of energy systems, and accelerating the development of projects and Read more…
Prime Minister Narendra Modi on Friday said the country is on track to achieving its climate goals well before the target date as it switches over to energy-efficient mediums and uses waste to generate energy. Speaking after accepting the 2021 CERAWeek Global Energy & Environment Leadership Award for his commitment to energy Read more…
Researchers from the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have developed an integrated system that can capture carbon dioxide (CO2) and convert it into solar fuel — a process they call artificial photosynthesis (AP) — which they feel can aid mitigate effects of emissions made by use of Read more…
The Commissionerate of Transport will be the nodal agency to implement the five-year-long policy. The Transport Department of the Government of Meghalaya has issued the ‘Meghalaya Electric vehicle Policy, 2021’, which aims to see electric vehicles (EV) representing 15% of the state’s overall vehicle mix by 2025. The policy will remain Read more…
A hydro power project approved by NHPC board will supply power at a tariff of Rs 4.07 per unit. This project is likely to be completed in next four years. The NHPC had bagged the 500 MW Teesta VI hydro power project under corporate insolvency resolution process. Earlier, the Hyderabad Read more…
If the UK is going to cut its greenhouse gases to almost zero by 2050, as recommended by a Committee on Climate Change report, it will need businesses and ordinary people to make some big changes. The government has run various schemes to help people make their homes more energy efficient over Read more…
India inhabits 17% of the global population and 15% of the livestock. Broad estimates show that about 80% of India’s surface water is polluted, thereby resulting in losses over $6 billion, annually, to waterborne diseases.1 According to a recent UN report, India is projected to add 300 million new urban Read more…