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REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional

Baua Electric

Vivek Kumar Devangan, Chairman and Managing Director of government-backed REC told Autocar Professional that on the back of strong demand, he expects REC to fund over 50,000 electric buses over the next two to three years – at an event in Mumbai last week.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

China also dominates in other technologies including wind and solar components, controls, sensors, and communications—a gamut of industrial equipment, including much that is pertinent for defense. The LME events were a consequence of positions taken by Tsingshan based on expectations of falling prices.

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Kia is offering up to $12,000 off 2024 EV6 and EV9 models with new discounts

Baua Electric

2024 Kia EV6 GT (Source: Kia) Earlier this month, Kia introduced the Select VIN Summer Sticker Sales event with savings from $500 to $1,500. Or, rather than the cash offer, you can opt for 0% financing for 60 months. Or, rather than the cash offer, you can opt for 0% financing for 60 months.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The largest growth took place in China, which commissioned as much solar in 2023 as the entire world did in 2022, while China’s wind power additions rose by 66% year-over-year. Solar and wind account for 95% of the expansion, with renewables overtaking coal to become the largest source of global electricity generation by early 2025.

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We’re closer to tripling renewable energy capacity by 2030 than we look – IEA

Baua Electric

It’s not yet set an official target, but China’s goal of 1,200 GW of solar and wind capacity by 2030 – which it’s expected to surpass this year(!) – accounts for over 90% of all renewable capacity mentioned in NDCs. Nearly 50 countries are on track to reach or surpass their current plans – and China is by far the biggest contributor.

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Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

The event was abrupt and unceremonious, its time kept secret to prevent crowds from gathering amidst the first wave of Covid-19. Some of these anti-nuclear forces have recently found a sparring ground with France in drafting the EU’s sustainable finance taxonomy , which delineates particular energy sources as “green.”

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