Prime Minister Narendra Modi to inaugurate RE-Invest 2020 tomorrow
The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.
India and Israel to work together on perovskite solar cells and lithium sulfur batteries
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
State-owned investors dump coal for solar and wind
Coal project finance in the year 2019 stood at just INR 1100 crore (US$190 million), compared to renewable energy lending aggregating to INR 22,971 crore (US$3220 million).
Financing distributed solar energy
A new report by Auroville Consulting highlights gaps and challenges existing today in financing rooftop solar based on its evaluation of the international lines of credit’s implementation at the state level (for Tamil Nadu), and the availability and accessibility of the financial support.
Bifacial PV modules no longer exempt from US Section 201 import tariffs
The U.S. authorities are currently subjecting imported bifacial modules to a 20% penalty – the same tariff applied to almost all other crystalline silicon solar modules.
TERI partners Norway’s Greenstat for Centre of Excellence in hydrogen
The Energy and Resources Institute (TERI) has signed a Memorandum of Understanding (MoU) with the India arm of Norwegian energy company Greenstat to set up a Centre of Excellence for hydrogen in India and accelerate deployment of hydrogen technologies in the country.
Green recovery through energy efficiency
The Climate Group has reported that just 33 members of its global EP100 initiative avoided carbon dioxide emission by one billion metric tonnes purely through energy efficiency measures. Of this, 360 million metric tonnes—comparable to taking 77 million cars off the road for a year—was avoided in the last year alone.
Cabinet approves INR22600-crore budget for solar module and advanced battery manufacture
An ambitious, INR146,000 crore, five-year expansion of a previous domestic industry spending program includes money to attract investment into the sustainable energy and transport technologies.
BMW selects KPIT software for next-generation EV charging electronics
The engagement covers software development, integration, and maintenance of combined powertrain coordination unit including charging control, and extends over several years.
Fortum gets Finnfund to accelerate EV charging infrastructure
The clean energy major has raised investment from Finnish impact investor Finnfund in its public charging point operator business Fortum Charge and Drive India.
