Tags: Coronavirus

Greenpeace writes to NITI Aayog on green recovery plans post COVID 19

Greenpeace India on Tuesday sent to the NITI Aayog a plan to help build a climate-proof, equal, sustainable and resilient India as it emerges from the COVID-19 pandemic. In its recommendations to government’s policy think tank NITI Aayog, Greenpeace India stressed on the need to promote a decentralised model of renewable energy which will not […]

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Global solar PV installations to hit 115 GWdc in 2020: Wood Mackenzie

As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019. “The most severe of lockdowns have ended in almost all countries, […]

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COVID 19 Effect: solar installations in Delhi produced more power says a study

As the Covid19 shutdowns and stay-at-home orders brought much of the world’s travel and commerce to a standstill, people around the world started noticing clearer skies as a result of lower levels of air pollution. Now, researchers have been able to demonstrate that those clearer skies had a measurable impact on the output from solar […]

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Air pollution increases risk of COVID-19, deaths: Study

 Air pollution in Bengaluru is linked to the loss of an estimated 6,300 lives in the first half of 2020 and 3.7 per cent decline in the city’s annual GDP despite strictly enforcing COVID-19 related lockdown, a study has revealed. According to a new online tool by IQAir AirVisual and Greenpeace-Southeast Asia, research shows that […]

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Renewable energy developers remain exposed to regulatory risk: Icra

Renewable energy developers having a significant exposure to third-party power purchase agreements remain exposed to regulatory risks as open access charges in such pacts are likely to increase to mitigate the cash flow issues of discoms in the wake of COVID-19 pandemic, says Icra. Third party PPA refers to an arrangement where a renewable energy […]

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Renewable energy sector to bounce back quickly despite COVID 19 impact: EY

Despite the global slowdown caused by COVID-19, the renewable energy sector is expected to bounce back quickly as the long-term drivers for investment remain strong, according to the 55th EY Renewable Energy Country Attractiveness Index (RECAI). The latest index considers the potential impact of the pandemic, looking at the resiliency of countries in both health and economic terms. […]

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France to subsidise EV purchases to save automakers

France is preparing a package of measures to shore up automakers stung by the coronavirus crisis, including subsidies to encourage purchases of electric vehicles, Finance Minister Bruno Le Maire said Monday. “I will announce a plan within two weeks… to relaunch car buying as well as the industry’s transition to a more sustainable model,” Le […]

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PM KUSUM EoI submission deadline extended, here is what you should know

As the lockdown continue across the country because of COVID 19 breakout , the Ministry of New and Renewable Energy (MNRE) has decided to extend the date for submission of EoIs for evaluation of Component A and C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. The new deadline set by […]

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Siemens Gamesa joins EU Green Recovery Alliance to promote a sustainable economic path

Siemens Gamesa has joined an expanded group of 270 executives from Europe’s top companies and banks, EU politicians, and industry bodies to have signed up to the EU’s Green Recovery Alliance that aims to drive a sustainable recovery path in the wake of the coronavirus crisis. The Alliance was established by MEP Pascal Canfin, who […]

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Siemens Gamesa Q2 performance impacted by the pandemic

Siemens Gamesa’s performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial activity, with a direct impact of €56mn on the company’s profitability. This complicated situation further intensified the challenges in the onshore business, mainly in the Indian market and the execution of […]

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