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Renault and Nissan investing $600M in new models for India, including two EVs

Green Car Congress

Renault and Nissan announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. Complementing the additional production will be an increase in R&D and associated activities at the Renault Nissan Technology & Business Center India.

India 332
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. China and India together are a $4.3

Wind 207
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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TotalEnergies takes 25% stake in Adani New Industries Limited for green hydrogen in India

Green Car Congress

ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. GW ac portfolio of operating solar assets owned by AGEL, for a total investment of $2.5 To start with, ANIL intends to develop a project to produce 1.3 billion.

India 150
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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. million b/d) and India (-480,000 b/d) reported the largest declines.

2020 397
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

Asia 52
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Air Products India wins contract for solar-powered hydrogen fueling station

Green Car Congress

Air Products has been awarded a contract with India’s University of Petroleum and Energy Studies (UPES) to build the country’s first solar-powered renewable hydrogen fueling station. Once complete, the UPES project will mark the third Air Products hydrogen fueling station operating in India.

India 231