Day: October 8, 2024
Subsidiaries of India's Adani Green to issue dollar bonds, bankers say
The companies - Adani Hybrid Energy Jaisalmer One, Adani Hybrid Energy Jaisalmer Two, Adani Hybrid Energy Jaisalmer Four and Adani Solar Energy Jaisalmer One - will collectively raise around $500 million to $1 billion, they said.
India added 11.3 GW of solar modules, 2-GW of cell mfg capacity in 1H2024: Report
Cumulative solar module manufacturing capacity reached 77.2 GW.
India should aim to become clean energy exporter by 2030: Amitabh Kant
At a roundtable discussion here, Kant said that there is no shortage of global funds for clean energy, but India needs to establish strong financial systems, such as escrow accounts, to attract private investments for renewable projects.
Deal on climate aid hangs in balance at UN COP29 summit
COP29 has been dubbed a "finance COP" because rich countries most responsible for global warming are supposed to commit to substantially increasing their assistance to poorer countries for climate action.
FT Live Energy Transition Summit: Energy CEOs agree on India reaching 500 GW non-fossil power capacity by 2030
At the FT Live Energy Transition Summit India, experts affirmed that India is on track to achieve 500 GW non-fossil fuel capacity by 2030. Tata Power and Ampin Energy plan significant clean energy expansions, while green hydrogen's cost remains a key challenge for decarbonising the steel sector.
India's clean energy capacity to reach 107 GW in solar by 2030, faces challenges in hydrogen and wind sectors
“India will achieve full self-sufficiency in solar PV and wind and over 90% in battery cells,” said Indra Mukherjee of S&P Global Commodity Insights. The country’s rise in clean energy is being driven by policies such as the Production-Linked Incentive (PLI) scheme, as well as tariffs on…