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Markets & Policy

The long read: E+V = better vehicles

Electric vehicle batteries are packed with energy, with additional battery density and efficiency working to quell range anxiety for drivers. But with that capability lingers a concern from some that EVs may pose a fire risk and a challenge for first responders in the event of accidents. Professor Ray Wills from Future Smart Strategies bought his first EV in 2012 and argues that in terms of safety, EVs remain an easily superior vehicle, and even the tiny fire risk that exists is an ever-diminishing issue.

IREDA to lend INR 268 crore to BluSmart Mobility

The integrated EV ride-hailing and charging company will use the amount to purchase 3,000 all-electric cars.

Fire incidents highlight ‘burning’ issues in India’s EV ecosystem

Although we may have just about commenced our run in the electric vehicle (EV) race, it is critical that we jump-start the pace of adoption by enhancing the overall perception of EVs from a safety and longevity standpoint.

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British International Investment commits US$89 million to scale renewable energy generation in India

The UK investor (formerly known as CDC Group) has committed a $47 million follow-on investment in Fourth Partner Energy to build 294MW of greenfield renewable power capacity. Another $42 million will go to Italian power utility Enel’s India arm Thar Surya 1, to support the development of a 300MW greenfield solar project in India.

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Servotech appoints vice president for EV charger business

As vice president, Deepak Kumar will lead end-to-end supply chain and operations for the electric vehicle (EV) charger vertical at Servotech.

Challenges in land acquisition for solar projects

While the Central and State Governments have taken several proactive steps to make it easier for solar developers to acquire land for their projects, land aggregation remains the single biggest roadblock in implementing large-scale projects, resulting in a slowdown in the industry.

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World will need 5.2TW of solar this decade to avoid climate breakdown

The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’

Tata Power and Social Alpha launch net-zero accelerator program for industries

The ‘Net-Zero Industry Accelerator’ program will prioritize industries with the highest carbon footprints and assure a robust ecosystem to support a new generation of entrepreneurs as they take disruptive climate-tech innovations for industrial decarbonization from the lab to market. 

COP26: Calling for foresight of collective consciousness in energy transition

The modernization and transition of energy sources towards environment-friendly options, jointly exercised with the capacity to conserve the proven available reserves, is an action fraught with foresight. The emergence of the future scenarios and how it will all play out in the long term remain unknown to the human consciousness. However, the foresight emanating through the intertwining of the collective consciousness of human existence shall undoubtedly provide us with a potent armory to articulate our response to the emerging scenarios.

MNRE delays ALMM implementation to open-access solar projects

The Approved List of Models and Manufacturers (ALMM) requirement will now apply to projects that request open access or net metering from October 1, 2022.

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