India’s massive solar power park scheme holds immense investment potential, a recent study has found. According to the thinktank Institute for Energy Economics and Financial Analysis (IEEFA), India could attract investment worth $500-700 billion in its solar power park scheme. The investment is likely to come not only in power …
Read More »India Projected to Fall Short of Its Target to Install 60GW of Power by 2022
The Global Wind Energy Council and MEC Intelligence say the Indian wind industry will fall short of its target by as much as 10GW.
Read More »India’s Carbon Emissions Fall for 1st Time Since 1982
For the first time since 1982, India’s CO2 emissions have fallen. According to the BBC, the lockdown from the coronavirus pandemic was the tipping point of something already happening. In an analysis by Carbon Brief, a study found that India’s carbon dioxide emissions had fallen 15% in March and were …
Read More »Promoting Non-Oil Export, Sole Way to Domestic Production
Iranian President Es’hagh Jahangiri said that promotion of export of non-oil commodities in the country is the sole way of booming domestic production.
Read More »India Takes Advantage of Low Oil Prices
Indian refiners have stored about 32 million tonnes of oil in tanks, pipelines and on ships, taking advantage of low oil prices to help the nation cut its import bill, oil minister Dharmendra Pradhan said on Monday. India, the world’s third biggest oil importer, buys over 80% of its oil …
Read More »India Doubles down on Solar, Gas at Coal’s Expense as Electricity Use Falls
India’s solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Reuters analysis of provisional government data showed. Solar-powered electricity generation rose 16.9%, accounting for a record 5.6% of the country’s total output, while gas-fired …
Read More »India’s Total Solar Installations Reached 7,346MW in 2019
The nation witnessed a 12% decline in growth last year, compared to 8,338MW of solar power installations recorded in 2018.
Read More »Indian Power Giant Invites Candidates to Build Hydrogen Fuel Cell-Based EVs
The project is a first of its kind in India, aimed to decarbonise the transportation industry in the national capital and the city of Leh.
Read More »Historic Fall in US Oil Prices Amid Virus Outbreak
When the capital city of Tehran partially emerged out of the shutdown on Saturday, we witnessed some traffic on the roads for the first time after almost a month, since the beginning of Nowruz holidays.
Read More »Oil Price Crash may not Benefit India due to Falling Demand and Full Tanks
Monday’s crude oil price collapse may not have much impact on Indian refiners or on pump prices at least till June but could spoil the prospects of oil giants such as Saudi Aramco pouring billions to buy stakes in local refineries such as Reliance Industries Ltd, Bharat Petroleum Corporation or …
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