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IIT Researchers Develop New Tech to Cut EV Charging Costs by Half

Researchers from various IITs have developed a new technology for charging Electric Vehicles which costs about half of the current on-board charger technology and can help to significantly reduce the cost of two-and-four-wheeler EVs. According to the team, the lab scale development has already been done at IIT (BHU) and upgradation and commercialisation was in […]

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Solar Module Making Capacity Set to Soar 400% by FY25: Crisil

India’s solar module manufacturing capacity is set to rise by almost 400 per cent by fiscal 2025, compared with fiscal 2021, said ratings agency Crisil. The trend will be supported via strong demand, favourable policies, likely improvement in energy efficiency, and price competitiveness, it said. Besides, with the government supporting domestic manufacturers through policy measures, […]

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Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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CESL Launches Massive 5500 cr Tender For Electric Buses

Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ – a set of homogenized […]

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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […]

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Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition

Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […]

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Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022

A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […]

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Hydrogen Economy Hints at New Global Power Dynamics: IRENA

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […]

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