Tags: COVID 19 Effect

IRENA Outlines Agenda to Put Energy Transformation at Heart of Sustainable Economic Recovery

Report says targeted public spending and policy action will bring immediate jobs and boost GDP – provides recommendations how to maximise recovery while meeting climate goals Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation, a new […]

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Greater investment in clean energy will contribute to APAC recovery from COVID-19 crisis: ADB

A greater investment in clean energy will contribute to Asia-Pacific’s recovery from the COVID-19 crisis and make economies more resilient against future shocks, the Asian Development Bank (ADB) said on Tuesday. In view of the current scenario, ADB has invited proposals for digital solutions to improve waste management, reduce the amount of material sent to […]

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1400 GW of offshore wind is possible by 2050: OREAC

On World Ocean Day, the Ocean Renewable Energy Action Coalition (OREAC) has announced its vision for 1,400 GW of offshore wind globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. This ambition goes beyond current offshore wind forecasts, but is entirely achievable considering the resource potential, technology innovation, and […]

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Here is what billionaire Gautam Adani sees COVID 19 as

Billionaire Gautam Adani recently said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new and faster transition to a low-carbon future as he expects the price of solar modules to drop further.  Adani in a Linkedin post said the urgency of a green revolution in the energy sector […]

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Costly electric vehicles confront a harsh coronavirus reality

At a factory near Germany’s border with the Czech Republic, Volkswagen AG’s ambitious strategy to become the global leader in electric vehicles is coming up against the reality of manufacturing during a pandemic. The Zwickau assembly lines, which produce the soon-to-be released ID.3 electric hatchback, are the centerpiece of a plan by the world’s biggest […]

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COVID-19 disruptions can foster more resilient energy systems via solar technology: REC Group

The COVID-19 crisis has a disruptive impact to our society from many sides, including the health care system, supply chains and crucial infrastructures as we know them. But it is also a chance for leapfrog improvements to make our infrastructures in the long term more resilient. Critical system concepts here are: decentralization and independence. This […]

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Here is how coronavirus could accelerate shift to electric cars

The coronavirus crisis has seen car sales plummet, with sales in China falling by a record 79% in February and drastic drops in new car registrations in countries like the UK, Italy and Spain, which were hardest hit by the virus. As one of the most logistically complex industries in the world, with more than […]

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Renewable capacity additions expected to rebound in 2021: IEA

After a dip this year, new renewable capacity additions are expected to rebound in 2021, but policy certainty is critical to ensure investor confidence The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first […]

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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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