Tags: COVID 19

Post COVID 19 Clean Energy can Support India’s Economic Recovery: Report

NITI Aayog and Rocky Mountain Institute (RMI) in its new report identify how COVID-19 is beginning to influence the clean energy transition in India, specifically for the transport and power sectors. The report recommends principles and strategic opportunities for the country’s leaders to drive economic recovery and maintain momentum towards a clean energy economy. COVID-19 […]

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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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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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Renewables to be instrumental in economic recovery post COVID 19: UN

As Covid-19 hits the fossil fuel industry, a new UN report on Wednesday showed renewable energy is more cost-effective than ever — providing an opportunity to prioritise clean energy in economic recovery packages and bring the world closer to meeting the Paris Climate Agreement goals. The ‘Global Trends in Renewable Energy Investment 2020’ report — […]

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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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Tech Mahindra Signs UN Global Compact Initiative Statement on Climate Action

Tech Mahindra Ltd. One of the leading provider of digital transformation, consulting and business reengineering services has signed a joint declaration with UN Global Compact urging governments to align their COVID-19 recovery efforts with the latest climate science. Tech Mahindra reaffirms the science-based commitment of achieving net-zero carbon emissions while calling on governments to “Prioritize a faster […]

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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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