When solar power tariff dropped to Rs 2.44 per unit for the first time in May 2017, it set a record for cheapest electricity, busted the myth of renewable power being unaffordable and opened a Pandora’s box for conventional power plants by challenging coal’s dominance as the primary source of energy.
Pure EV, a start-up incubated at the Indian Institute of Technology, Hyderabad, on Sunday launched its High Speed Electric Scooter ‘EPluto 7G’ here. V K Saraswat, Member, NITI Aayog, G Satheesh Reddy, Chairman, Defence Research and Development Organisation (DRDO),and Prof B S Murty, Director, IIT Hyderabad,launched the vehicle at the institutes campus, a company release said. “E-mobility is an upcoming sector and one of the most disruptive ones. We are not only looking at the vehicular aspect, but also the supply chain.
Automotive parts supplier Mahle has devloped a low voltage IPM Motor designed to operate on a variety of small electric vehicles, especially electric 2- and 3-wheelers. Mahle recently increased its stake in its former 50:50 Joint Venture Mahle Electric Drives India (MEDI) to 90 per cent, the company said in a release. MEDI is developer and supplier of various e-mobility products. Raj Kalra, President MAHLE India, said “Sensing the opportunities in the electric vehicle market in India we have planned local production of electric drive systems here.
Japanese multinational conglomerate SoftBank is reportedly in preliminary talks with Indian emobility giant Mahindra Electric to formulate a strategic partnership. The alliance might also include SoftBank getting a minority stake in Mahindra Electric. As per a Business Standard report, SoftBank and Mahindra Electric’s tie-up is still uncertain. The report adds that Mahindra is talking to a diversified range of potential investors. These investors also include players who can help Mahindra in developing EVs, powertrains, chargers and other emobility solutions.
India has added 2.4GW of new wind capacity in 2019 against 2.3GW in 2019, according to research report from BloombergNEF (BNEF). Siemens Gamesa Renewable Energy has emerged as the top wind turbine supplier in 2019 in India, beating Suzlon. Vestas, Inox Wind, GE Renewable Energy and Envision Energy together grabbed 47 percent market share. The remaining 4 percent was supplied by five other manufacturers. A hangover from last year’s problems over land acquisition and transmission connectivity will trouble wind project developers and manufacturers in 2020.
India's national transmission grid must urgently modernise to increase rate of renewable energy adoption, a study by Institute for Energy Economics and Financial Analysis (IEEFA) suggests. “This is a key prerequisite for achieving renewable energy investment ambitions while accelerating its progress,” the study indicated. As of December 2019, India had installed 86 gigawatts (GW) of renewable energy capacity. The country has an ambitious target of 175GW of variable renewable energy by 2022, rising to 450GW by 2030. “Renewable energy resources are abundant in India, but not evenly spread.
More so than anywhere else, automakers are chasing the holy grail of electric mobility in India: a lower price. Mahindra & Mahindra Ltd.’s launch of its e-KUV at a price of ₹825,000 ($11, 587), compared to its next cleanest option -- a mid-range petrol variant at ₹650,000 -- highlights the challenge of pricing electric cars that can entice buyers. A global model such as Hyundai Motor India Ltd.’s Kona electric SUV starts at ₹25 lakh and has sold just about 300 units in seven months since its launch.
The latest report by the Central Electricity Authority (CEA) tracking the monthly renewable energy generation in India for the month of December 2019 has revealed that electricity generated from renewable energy (RE) sources increased by 17.2 percent year over year (YoY) from the same month in 2018, and 23.9 percent over the previous month (Nov’19). RE December CEA A total of 10647.33 million units of renewable energy was generated compared to 9083.27 MUs in the same month last year.
Rajasthan Chief Minister Ashok Gehlot on Sunday said the state government will soon bring a new policy for environmental protection as he noted that global climate change is a serious challenge. Gehlot was addressing the annual media conclave on environment at Anil Agarwal Environment Training Institute, Neemali in Alwar district. "Indiscriminate race for development has led to climate change around the world, the consequences of which are being seen," the chief minister said. He noted that global climate change is a "serious challenge".
The West Bengal Transport Corporation (WBTC) is set to generate power through solar panels on depot roofs to recharge its electric vehicles. The Energy and Resource Institute (TERI) has conducted a study and found significant savings in annual electricity bills. In a study at the WBTC Kasba depot, TERI found highly feasible strategies for electrification of public transport in Kolkata by powering the charging stations at major WBTC depots through solar energy. Actual site survey and measurements of power consumption patterns were performed as part of the study.
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