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News in Briefs May 17- Indians On Global Warming, Blupine & Anganwadi Workers, Honeywell-Enel North America

91 Percent of People in India are Worried About Global Warming Large majorities of the Indian public say global warming is happening, a serious threat to India, and support government action on climate change, according to results from a nationally representative survey released in the United States by the Yale Program on Climate Change Communication […]

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Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

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India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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Leapmotor Forms JV With European Auto Firm To Foray Into India

Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […]

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With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report

A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […]

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Top Five Electric Auto Manufacturers In India Changing City Transit Landscape

Electric Auto-rickshaws are becoming the talk of the town with major transitions taking place in cities like Delhi. Amid the push for cleaner modes of transport, public transport is rapidly changing and electric buses are plying on the road in larger numbers. Now, electric autos have also come on the roads in a major push […]

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India Becomes Second Largest Wind Market Within Asia Pacific In 2023

Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […]

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Relux Electric Secures 250 Cr For EV Charging Expansion in South India

Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […]

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