September 2020

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Energy transition is ‘too slow’, though renewables to dominate in 2050 – DNVGL

Vision 2050

The massive growth of renewables will require significant investment and create enormous challenges for developers, network operators, and legislators. Wind and solar PV will dominate the world’s electricity mix by 2050, with each technology source holding a 31% share. But this rollout of renewable energy, as well as the CO2 emissions that possibly peaked last […]

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The integration of renewable energy and O&G sectors can generate “Trillions” For UK

Vision 2050

The Oil and Gas Technology Center report says innovations in the two could create 200,000 new jobs New technologies to help integrate the renewable energy and oil and gas industries could generate more than £ 2.5 trillion for the UK economy, according to a new report. ‘Closing the Gap: Technology for a Net Zero North

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UAE signs peace deal with Israel on September 15. Both may cooperate on water desalination and solar power: Minister

News

POINTS UAE signs peace deal with Israel on September 15 UAE is first GCC country to normalize relations with Israel UAE wants to produce 44% of electricity from renewables by 2050 Dubai – The UAE, which is expected to sign a peace deal with Israel on September 15, may cooperate with Israel in water desalination

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Delhi is planning to disburse subsidies within two days of electric vehicle purchase

Electric Vehicles

Delhi will disburse subsidies within two days of electric vehicle purchase. ICICI Bank develops software to facilitate the disbursement of subsidies The Delhi government announced that it would soon introduce a subsidiary scheme under its recently launched electric vehicle (EV) policy for electric vehicle buyers, according to a report by the Press Trust of India

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Tender for 150 electric buses under the FAME-II program, Pune

Electric Vehicles

Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has issued a tender inviting tenders for 150 electric buses. Buses must be 40 feet long, air-conditioned, and meet Bus Rapid Transit requirements. The last day for online submission of technical and price offers is September 30, 2020. The tender is part of the Faster Adoption and Manufacturing of

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Pandemic prompts ‘Big Restart’. Energy companies to invest more in renewables: Executives

Investment

SINGAPORE: The economic trauma caused by the coronavirus pandemic persuaded energy companies to increase investments in renewables, hydrogen and other low-carbon alternatives, but fossil fuels will remain dominant for the foreseeable future, industry executives said. Recovering from the onset of the pandemic, global oil consumption fell by more than 20 percent in the second quarter

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