Energy News 29th April 2022
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Funding will boost role of B.C.’s forests in fighting climate change | India's peak power supply touches record level of 204GW on Thursday | Europe Sees Ambiguity in EU’s Advice on Russian Gas Demands | |||
Through CleanBC funding committed in Budget 2022, the Province is providing $19 million over three years to increase the carbon stored in B.C.’s forests and develop innovative, low-carbon forest-based products that support good jobs for people. “Our forests make B.C. one of the best places to live. They nurture plants and wildlife, store carbon and provide good, Read more... | NEW DELHI: India's peak power demand met or the highest supply in a day touched the all-time high of 204.65 GW on Thursday amid ongoing heatwave sweeping through vast swathes of the country increasing demand for electricity. "During the current month of April, 2022 (Up to April 28, till 14:50 Hours), peak power demand met has increased by 12.1 per cent to 204.653 Read more... | (Bloomberg) -- Several European Union nations are pushing for clearer guidance from the bloc on Russia’s demand to pay for gas in rubles, saying the current advice is too ambiguous. The European Commission told the ambassadors at a closed-door meeting Wednesday that it will fine-tune the wording of its guidelines, according to people familiar with the discussions. A number of Read more... | |||
| Small solutions, big impacts: 5 community-based projects tackling climate change | Mahindra Electric Mobility sees over 3-fold jump in electric three-wheeler sales in FY22 | India asks state firms to consider buying Russian oil assets | |||
In early April, 29 countries pledged more than $5 billion to the UN-backed Global Environment Facility (GEF). The Fund said this was “record support, providing a major boost to international efforts to protect biodiversity and curb threats to climate change, plastics and toxic chemicals”. But why such a major boost? Well, the GEF is a multilateral fund that serves as a financial mechanism for several Read more... | Mahindra Electric Mobility Ltd, a part of the Mahindra Group, on Thursday reported an over three-fold jump in its electric three-wheeler sales at 16,862 units in 2021-22.The company had sold 5,376 units in the previous fiscal (2020-21). Citing Society of Indian Automobiles Manufacturers (SIAM) data, Mahindra Electric said it has "closed the financial year (2021-22) with a market share of 73.4 Read more... | NEW DELHI: India has asked state-run energy companies to evaluate the possibility of buying European oil major BP's stake in sanctions-hit Russian firm Rosneft, two people familiar with the matter said. BP has announced it is abandoning its 19.75 per cent stake in Rosneft. The oil ministry last week conveyed its intent to ONGC Videsh Ltd (OVL), Indian Oil Corp., Bharat Petro Resources Ltd (BPRL), Hindustan Read more... | |||
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| Centre tells states to step up coal imports for three years: Report | Azure Power signs an Expression of Interest (EoI) with Government of Karnataka to develop 1700 MW renewable energy projects | Study examines keys to developing better batteries | |||
NEW DELHI (Reuters) -India has urged its states to step up coal imports for the next three years to build up inventories and satisfy demand, four sources told Reuters, a move set to benefit global prices of the fuel, already running high because of war in Ukraine. The decision to boost imports underscores the severity of India's fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years and electricity demand Read more... | New Delhi [India], April 28 (ANI/PRNewswire): Azure Power (NYSE: AZRE), a leading independent sustainable energy solutions provider and power producer in India signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects aggregating to 1700 MW capacity. The total investment commitment is INR 13,300 crore. The EoI was signed at the Read more... | It doesn't come on fast. It may take weeks to notice. You have the newly recharged lithium-ion AA batteries in the wireless kitty water fountain, and they last two days. They once lasted a week or more. Another round of charging, and they last one day. Soon, nothing. You would be forgiven if you stood there and questioned your own actions. "Wait, did I recharge these?"Relax, it's not you. It's the battery. Nothing lasts forever, not even the supposed long-lasting Read more... | |||
| ReNew Power’s total portfolio rises to over 12 GW | 60% charge in 6 minutes: How this new battery could be a gamechanger for electric vehicles | ||||
New Delhi: ReNew Power on Thursday said it has signed five solar power purchase agreements(PPAs) with the Solar Energy Corporation of India and Punjab State Power Corp (PSPCL), and multiple long-term purchase agreements with corporate buyers together totalling about 2 gigawatt (GW).According to the official press release, with this, the company’s gross total portfolio Read more... | A lithium-ion battery that organises its particles with copper and copper nanowires may charge to 60% in 6 minutes without impairing its energy storage. This more efficient battery could power electric automobiles in the future, allowing drivers to travel further without having to wait as long for the vehicle to charge.Read more... | ||||
WEC India Energy Handbook mobile application is a compendium of Indian and Global energy sector. The handbook is conceptualized as a ready reference for the energy professionals, covering key energy indicators, trends, source wise electricity generation, fossil fuel prices, top producers of electricity and reserves in the form of user interactive charts and graphs. The handbook also gives insight to global and Indian scenarios by organisations like IEA, EIA and WEC till 2040."