Industrial conglomerate Siemens said Tuesday it would slash 2,700 jobs worldwide at its gas and power unit, including 1,400 in its home country Germany, “over several years”. The division — set for an independent stock market flotation in 2020 — will “require further savings of 500 million euros” ($560 million), Siemens said in a statement. […]
NTPC to set up 100 MW floating solar power project in T’gana
State-owned NTPC Limited Wednesday said it is setting up a 100 mw Floating Solar Photo Voltaic (PV) Solar Project at Ramagundam in Telangana. “We wish to inform that investment approval has been accorded for 100 MW Ramagundam Floating Solar PV Project, Phase-I in District Peddapelli, Telangana,” a regulatory filing by the PSU said. NTPC had […]
Japan sets carbon-neutral goal as UK plans climate laws
Japan has joined Britain in pledging to become carbon neutral later this century, as the world races to prevent catastrophic climate change, but critics blasted Tokyo’s plan as unambitious. While Britain on Wednesday outlined plans for fast-track legislation that would reduce carbon emissions to net zero by 2050, Japan’s policy only pledges to meet the […]
CPWD to install ‘solar trees’ in residential complexes of central govt employees
The Central Public Works Department (CPWD) has directed its officials to explore the possibility of installing “solar trees” in residential complexes of government employees. The move intends to promote renewable energy and reduce carbon footprint by the CPWD, the prime construction agency of the central government. According to an official, the concept of “solar trees” […]
Japan plans carbon emission cuts, more nuclear energy
Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]
Punjab Cabinet rejig: Sidhu divested of crucial local govt dept, gets power portfolio
Punjab minister Navjot Singh Sidhu, who is at loggerheads with Chief Minister Amarinder Singh, was divested of the crucial Local Government department and was given the Power and New and Renewable Energy Sources portfolio in a cabinet reshuffle on Thursday. The rejig took place hours after the first state Cabinet meeting following the Lok Sabha […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
R K Singh takes charge as minister with focus on 24X7 Power for All
Bureaucrat-turned-politician and second time Lok Sabha member R K Singh Friday took charge of power and new & renewable energy ministries and stressed that focus of Team Modi 2.0 will be on reliable and sustainable ’24X7 Power for All’. “Our focus will be on 24X7 power for all. We want to provide reliable and sustainable […]
World nations failing the poorest on energy goals: study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
Novel low-cost material can harness solar energy efficiently: Study
Scientists have developed a new material that can make solar cells more affordable and efficient, an advance that may allow us to better utilise the most abundant renewable energy. The study, published in the journal Science, describes the new material called a tandem perovskite solar cell which could be used in full-sized solar panels in […]