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Sudden Reduction of Subsidy of Electric Two-Wheelers May Lead to Major Decline in EV Adoption in India
The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Solar Power Due to Overtake Oil Production Investment for First Time -IEA
Investment in clean energy will extend its lead over spending on fossil fuels in 2023, according to the International Energy Agency.
- Categories
- Energy, Technology
- Region
- Global
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Uber Steps up EV Push in India With Uber Green
Ride-hailing platform Uber Technologies (UBER.N) is stepping up its efforts to go green in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Press Release: Odyssey Raises $15 Million Series A to Accelerate Emerging Market Energy Transition
Odyssey, a business-in-a-box software platform for distributed energy in emerging markets, announced the closing of its Series A funding round.
- Categories
- Energy, Investing, Technology
- Region
- Global
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DFC Commits $49.5 Million to Help Genus Power Expand Smart Meter Program in India
This initiative is expected to optimize and improve grid efficiency in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa
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Renewable Energy Association of Nigeria Signs $100 Million Deal to Promote Renewable Energy
The Renewable Energy Association of Nigeria (REAN) has signed an agreement with Odyssey Energy Solutions to make solar equipment procurement more efficient and cost-effective for solar companies operating in Nigeria.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar