Tags: COVID 19

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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EV market likely to be Rs 50,000 crore opportunity in India by 2025: Report

The electric vehicle (EV) market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrification of the vehicles in the medium term in the wake of COVID 19, according to a report. The report by Avendus Capital, which is an investment banking arm of […]

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Post-COVID 19, industry would have to build cleaner mobility solutions: OLA

Ola co-founder and CEO Bhavish Aggarwal on Friday said in the post-COVID world, the industry would have to build mobility solutions that are cleaner and make people feel safe as they resume regular travel. Speaking at the India Global Week 2020, Aggarwal said the ride-hailing company is also focussing on electrifying small cars, two-wheelers and […]

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India serves as good example in solar auctions amidst pandemic: UN Secy

As the world designs and implements Covid-19 recovery plans, it has a choice of either going back to where it was, or investing in a better, more sustainable future, UN Secretary General Antonio Guterres said on Thursday. Citing the case of India, he said at the International Energy Agency’s Clean Energy Transition Summit that 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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Indian Railways turns MP’s Bina green setting up 1.7 MW solar power plant

In a bid to curb pollution and transform itself as ‘Net Zero’ Carbon Emission Mass Transportation Network by 2030, Indian Railways has set up a  1.7 megawatt solar power plant in Madhya Pradesh’s Bina. The solar power plant has been established near the Bina Traction Sub Station (TSS). It can produce approximately 25 lakh units […]

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India’s solar capacity addition during FY21 to come down by 15 per cent: ICRA

The rating agency ICRA in its new report revealed that India’s domestic solar capacity is expected to add about 5.5 gigawatt (GW) during the financial year 2020-21 (FY21) due to the execution headwinds amid lockdown restrictions post-COVID pandemic. ICRA said that the domestic solar capacity addition in FY20 remained lower by 15 per cent than […]

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Slow economic growth, dull consumer sentiment challenging for auto sector: Kinetic Green

Electric vehicle maker Kinetic Green recently said that slow economic growth coupled with dull consumer sentiment will be “extremely challenging” for the domestic automotive industry, which was already reeling under a sales slump even before the COVID 19 crisis. At the same time, the company remains bullish on the electric vehicle (EV) segment in the […]

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High customs duty on Chinese imports likely to be exempted for PPA solar projects

Music to the ears of solar power producers setting up their projects using Chinese equipment, government proposes to exempt those having power purchase agreements (PPAs) with procuring states from the steeper customs duty levy. Sources in the power ministry said that all solar power projects having valid PPAs as on August 1, 2020 will escape […]

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Extend FAME-II for two years to propel EV demand says FICCI to the government

FICCI on recommended various measures, including extending FAME -II scheme till 2025, to enhance demand for electric vehicles (EVs). The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said. […]

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