“The latest IPCC (United Nation’s IPCC Intergovernmental Panel on Climate Change) report is a litany of broken climate promises. Some government and business leaders are saying one thing but doing another. They are lying. It is time to stop burning our planet,” these were the strong words with which UN Secretary-General António Guterres welcomed the […]
BloombergNEF predicts 30% annual growth for global energy storage market to 2030 – EQ Mag Pro
The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, with the US and China representing 54% of all deployments, according to forecasting by BloombergNEF. The group’s H1 2022 Energy Storage Market Outlook report was published shortly before the end of March. While acknowledging that near-term deployments have been dampened by supply […]
UK Plans To Add 300,000 New EV Chargers By 2030 – EQ Mag Pro
By 2030, the UK wants 5 times more EV chargers than the number of gas pumps it has today. There are around 30,000 EV chargers in the UK today. But by 2030, if the government has its way, there will be 10 times as many. It has committed £1.6 billion ($2.1 billion) to its new […]
Can India Charge 102 Million Electric Vehicles by 2030? Experts Share Solutions – EQ Mag Pro
India’s 2030 vision of e-mobility translates into 102 million EVs…[But] 102 million EVs by FY30 would need deployment of 2.9 million public chargers. How do we building this charging infrastructure? In the last five years, governments, large corporations, startups and investors in India have expressed their commitment to a future marked by electric mobility. The […]
Coal Centric Indian Economy Demand Likely to Touch 1.5 Billion-Ton By 2030 – EQ Mag Pro
Demand Likely to Touch 1.5 Billion Ton By 2030 In India, energy transition away from coal is not happening during the foreseeable future. Although there will be push for renewable/non-fossil based energy, but share of coal in the energy basket is going to remain significant in years ahead. Coal demand in the country is yet […]
Green hydrogen costs to halve to ₹160-170 per kg by 2030 – EQ Mag Pro
Current green hydrogen production costs range anywhere between ₹320 and ₹330 per kilogram in India. Green hydrogen costs in India could potentially fall by half to as low as ₹160-170 per kg by 2030, bringing parity with grey hydrogen and other fossil fuels, says a KPMG study. Current green hydrogen production costs range anywhere between […]
Govt to cut contribution of coal based power to 32% by 2030 – EQ Mag Pro
New Delhi : India is planning to substantially slash its share of coal based thermal power generation from the current 52 percent to 32 percent by the turn of the decade, the Ministry of Power told the Parliament. India has been increasing its renewable power production in the last few years to aid its efforts […]
Solar Vehicle Market Size to Worth Around US$ 5.26 Bn by 2030 – EQ Mag Pro
According to Precedence Research, the solar vehicle market size is expected to be worth around US$ 5.26 billion by 2030 and is growing at a CAGR of 32.2% from 2021 to 2030. Tokyo : The global solar vehicle market size was valued at US$ 426 million in 2021. The global solar vehicle market is expected […]
Apollo Launches Sustainable Investing Platform, Sees the Opportunity to Deploy More Than $100 Billion in Energy Transition and Decarbonization Investments by 2030 – EQ Mag Pro
NEW YORK : Apollo (NYSE: APO) today announced the launch of a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry. Across asset classes, Apollo targets deploying $50 billion in clean energy and climate capital over the next five years and sees the opportunity to deploy more […]
China’s Tencent Unveils Goal to Run on 100% Green Energy by 2030 – EQ Mag Pro
Tencent Holdings Ltd. is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and […]
