The government of India has announced plans to install electric vehicle (EV) charging kiosks at around 69,000 petrol pumps across the country.
Climate think tank Ember’s half-year analysis of global electricity use shows wind and solar generation rose by 14% in the first half of this year, compared to 2019. reducing coal use.
Finance and Policy
Climate finance by the world’s largest multilateral development banks totalled $61.6 billion in 2019, of which 67% was in low- and middle-income economies.
China is expected to install large amounts of wind energy capacity before the country phases out its subsidies on renewables projects by the end of 2020.
Brazil has zero rated imports of certain solar products from August
Business and markets
Amid the COVID-19 lockdown, electricity consumption in India has plummeted considerably with power sector distribution companies needing to be rescued.
The Central Electricity Authority reports a significant increase in solar generation with about 130%, 128%, and 118% in March, April, and May, respectively.
Climate Fund Managers and AMPYR Energy have partnered to develop, construct and operate 138MW of onshore wind farms in India.