According to a new report, which features a claimed first analysis of its kind of EV charging economics, the enhanced integration of EV charging in a smart and connected environment will be the key success factor in the mass adoption of electric mobility, enabling up to €5bn of incremental annual revenue in Europe only by […]
Hochul announces new framework to achieve at least 10 gigawatts of distributed solar by 2030 – EQ Mag Pro
Enough to annually power nearly 700,000 additional New York homes Proposes ‘roadmap’ to expand state’s NY-Sun initiative & increase access to solar for New Yorkers Expected to spur approximately $4.4 billion in private investments, create 6,000 additional solar jobs – With first prevailing wage for projects above 1 MW – with a goal to deliver […]
Global Energy Storage Market Set to Hit One Terawatt-Hour by 2030 – EQ Mag Pro
The U.S. and China will lead, claiming over half of the global installations by the end of this decade. New York and Beijing : Energy storage installations[1] around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the […]
Storage market to ‘add 30 GW a year by 2030’ – EQ Mag Pro
IHS Markit report says growth is underpinned by national targets linked to strengthened decarbonization. The global energy storage market will add over 30GW a year by 2030, up 250% on 2021 levels, according to a report from the Clean Energy Technology service at IHS Markit. IHS Markit said it forecasts that energy storage will experience rapid […]
US to Set Electric-Vehicle Sales Goal of 50% By 2030
General Motors, Ford and Stellantis executives with union leaders are expected to join President Biden in announcing voluntary target. WASHINGTON : President Joe Biden took a step toward his goal of slashing greenhouse gas emissions on Thursday with an executive order aimed at making half of all new vehicles sold in 2030 electric, a move made […]
Top Green Energy Banker Sees $150 Billion in India Deals by 2030
Overseas investors need locals, says Bank of America’s Singhal BofA advised SoftBank on $3.5 billion deal with Adani Green For international investors seeking a piece of India’s renewables boom — and the bankers who sit across the table with them — all roads go through the country’s domestic energy players. That’s the message from Bank […]
Govt Spends Rs 871 Crore to Promote Electric Vehicles, Set Up Charging Infrastructure
As many as 87,659 electric vehicles and 6,265 electric buses have been incentivised under the second phase of FAME India, the country’s flagship scheme for faster adoption of electric vehicles till now, the government has told Parliament. The government has spent upto Rs 871 crore till June-end on its flagship national scheme to supercharge the […]
UK Needs 10 Times As Many EV Charge-Points By 2030 – Regulator
CMA concerned about choices of charge-points at motorways Recommends public body be tasked with monitoring EV sector Britain’s competition regulator on Friday laid out guidelines to ensure a robust electric vehicle (EV) charging network to aid the country’s net zero plans, as it also launched a probe into some charge-point operators on highways and motorways. […]
STATEMENT: Indonesia Submits New 2030 Climate Targets and First Long-Term Climate Strategy
JAKARTA : Yesterday the government of Indonesia submitted an updated national climate commitment to the United Nations. The plan includes new measures on adaptation and resilience and some new targets in specific sectors, but has the same topline emissions targets submitted in 2016: an unconditional target to reduce greenhouse gas (GHG) emissions 29% below business-as-usual […]
China Will Add 619 GW of Solar Power By 2030, Say Analysts
China plans to add 619 gigawatts (GW) of solar power generating capacity by 2030, according to a report by a data company Wood Mackenzie. The report said that solar power capacity in Asia Pacific will be tripled to 1.5 terawatts (TW) in the next 10 years. China’s solar targets mean it will contribute over 60% […]
