Government too has been pushing EVs and, of course, as part of its proposed action plan to combat climate change promised to have 450 GW of solar power among other renewables. New Delhi/Bengaluru: Aiming to demonstrate the concept of using a clean source of energy (solar) for charging Electric Vehicles (EVs), a new report has… Continue reading EV charging stations with rooftop solar more economical: Report
Author: Economic Times of India Online News
Indian Oil Corporation, Adani Total Gas top bidders for city gas licenses
Adani group had originally ventured into city gas business in a joint venture with IOC but it later tied up with Total. Adani and IOC did not put any combined bid in the latest bidding round. State-owned Indian Oil Corporation (IOC) and a joint venture of billionaire Gautam Adani‘s gas arm and Total of France… Continue reading Indian Oil Corporation, Adani Total Gas top bidders for city gas licenses
Korea Zinc buys Australian wind, solar developer to fuel hydrogen ambition
Ark Energy was set up this year to decarbonise Korea Zinc’s energy supply and says it aims to be the world’s most competitive green hydrogen producer and eventually aims to export green hyodrgen from Australia to South Korea. By Sonali Paul MELBOURNE: An arm of Korea Zinc said on Thursday it will buy out an… Continue reading Korea Zinc buys Australian wind, solar developer to fuel hydrogen ambition
Delhi waits for rain as AQI stays severe
After the air quality had deteriorated in November, Commission for Air Quality Management in National Capital Region and Adjoining Areas had imposed some restrictions to control the pollution. NEW DELHI: Delhi’s air quality continued to remain in the ‘severe’ category for the second consecutive day on Wednesday with an air quality index (AQI) of 407.… Continue reading Delhi waits for rain as AQI stays severe
FOREX: Dollar droops as optimism on economic outlook saps demand for haven assets
Money markets currently price better than 50-50 odds for a hike by the March policy meeting. The safe-haven dollar languished near an almost one-week low against its major peers on Thursday as investors adopted a more optimistic stance about the global economic outlook, despite the rapid spread of the Omicron coronavirus variant. The dollar index,… Continue reading FOREX: Dollar droops as optimism on economic outlook saps demand for haven assets
Husband-and-wife team worth $586 million after map startup’s IPO
Earlier this month, the company reported it had received bids for more than 150 times the number of shares on offer in its initial public offering. Apple Inc. and Amazon.com Inc. are among those that have purchased the company’s software. More than two decades ago, when Rakesh and Rashmi Verma decided to create digital maps… Continue reading Husband-and-wife team worth $586 million after map startup’s IPO
Enel, Eni join forces on electric car charging in Italy
Enel, which has more than 13,000 EV charging points, is keen to speed up the development of its e-mobility business MILAN: Energy groups Enel and Eni have reached an agreement to allow electric car drivers to recharge vehicles using the two companies’ infrastructure networks across Italy. Enel’s energy e-service unit Enel X and Eni’s Be… Continue reading Enel, Eni join forces on electric car charging in Italy
Woodside, Keppel to study hydrogen supply to Singapore
Woodside Petroleum is working with units of Keppel Corp and Osaka Gas Co to study a long-term supply of liquid hydrogen from Western Australia to Singapore and potentially Japan, the companies said on Wednesday. The study, which is in line with the Singapore Green Plan, will go on until mid-2022, before the companies decide on… Continue reading Woodside, Keppel to study hydrogen supply to Singapore
Octopus Energy, Sterlite Power team up to decarbonise Indian industry
India is now the third-largest carbon-emitting country in the world, producing over 2.6 billion tonnes of carbon dioxide a year as its industrial boom continues. Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world. “Energy technology pioneer Octopus Energy… Continue reading Octopus Energy, Sterlite Power team up to decarbonise Indian industry
Auto industry hopes for smooth ride in New Year after a bumpy 2021
In an interaction with PTI, Maruti Suzuki India Chairman R C Bhargava expressed hope that 2022 would pan out to be better for the industry as compared to 2021. By Munish Shekhavat New Delhi: The Indian automotive industry is driving into 2022 with a positive mindset in its quest to reach the pre-pandemic levels of… Continue reading Auto industry hopes for smooth ride in New Year after a bumpy 2021