India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and demand for electric vehicles, stationary storage and consumer electronics will mainly drive adoption of battery storage, a Niti Aayog report said. The report further said a coherent regulatory framework incentivizing all stakeholders to participate in the recycling process will help […]
Renewable energy sector has potential to employ 10 lakh individuals by 2030, says IREDA – EQ Mag Pro
For waste-to-energy projects, IREDA has raised the exposure limit to 70 per cent of the project cost. The country’s renewable energy sector has potential to employ 10 lakh individuals by 2030, IREDA Chairman & Managing Director Pradip Kumar Das said on Tuesday. “India’s Renewable Energy (RE) sector could potentially employ around 10 lakh people by […]
Delhi: Draft policy for cab aggregators, food delivery firms mandates transition to all electric vehicles by April 1, 2030 – EQ Mag Pro
The Delhi government’s draft aggregator policy mandates transition to an all-electric fleet for cab companies, food delivery firms and e-commerce entities by April 1, 2030 and proposes a fine of Rs 50,000 per vehicle if a company fails to make the transition. The draft policy titled ‘Delhi Motor Vehicle Aggregator Scheme’ has been uploaded on […]
$223BN INVESTMENT NEEDED FOR INDIA TO MEET 2030 WIND AND SOLAR GOALS – EQ Mag Pro
Renewables crucial for India to meet its longer-term climate goals. New Delhi : India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). The goal is part of the five decarbonization targets that had […]
Electric vehicle sales to top 10 million units by 2030: Report – EQ Mag Pro
The study also expects adoption of passenger electric vehicles to be slow Over the last couple of years, electric vehicle (EV) sales have been growing, although they are still a fraction of the overall automobile industry. A new study by Arthur D. Little estimates EV sales will top 10 million units by 2030, with an […]
Ferrari to make 80 per cent hybrid and full-electric range by 2030 – EQ Mag Pro
Italian luxury sportscar maker Ferrari has outlined a new electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030, despite previously doubling down on internal combustion. CEO Benedetto Vigna confirmed that the first electric car will be presented in 2025, with the first deliveries the following year. Currently, just four Ferrari […]
Rooftop solar to play big role in achieving 500 GW non-fossil by 2030: Union Minister Khuba – EQ Mag Pro
He also urged farmers to utilize the benefits being offered by MNRE and state government. In this scheme farmers will be given 30 per cent subsidy each by centre and state to install solar pumps. Rooftop solar will play a major role in achieving the target of 500 GW of non-fossil by 2030, Union Minister of […]
Guj to reduce carbon emissions from power production to 139 million tonnes by 2030 says govt – EQ Mag Pro
Ahmedabad : Gujarat has set a target to reduce carbon emissions from energy production to 139 million tonnes by 2030 by raising its installed capacity of renewable energy to 68,000 MW over the next eight years, a state government official said on Sunday. A release said the state reduced its carbon emissions by about 115 […]
1 in 2 cars sold will have electric powertrain by 2030: Report – EQ Mag Pro
Research VP Peter Richardson said that increased EV adoption will not, by itself, contribute to the goal of reducing overall vehicular pollution. Led by China, one in two cars will have an electric powertrain by 2030, a new report showed on Monday. The electric powertrain includes main components that generate and deliver power to the […]
One in Two Cars Sold Will Have Electric Powertrain by 2030 – EQ Mag Pro
China will be leading the global EV market, followed by Europe and US. BEV will have nearly 40% share in the global passenger vehicle market by 2030. FCV will remain niche even in 2030. One in two cars will have an electric powertrain by 2030, according to the latest research from Counterpoint’s Passenger Vehicle Forecast*. […]
