Day: October 9, 2024
Fiduciary Responsibility of Money Managers in the Age of Climate Change
Money managers must integrate climate risks into their investment decisions, as sustainability enhances long-term financial performance. Regulators can enforce this through the Stewardship Code and clear disclosure guidelines. Strong fiduciary duty and adherence are essential for a…
World on track to add 5,500 GW of renewable capacity by 2030, solar to drive 80% of growth
Solar power will account for 80% of the total growth in renewables, driven by the construction of new solar plants and a surge in rooftop installations.
Saatvik Solar secures 213 MW solar module order from L&T for Bihar BESS project
The agreement will see Saatvik Solar deliver its Mono PERC Bifacial Modules of 545 Wp, featuring glass-to-back sheet technology. The modules, designed for high efficiency and durability, are scheduled for delivery by March 2025.
An African-Led Renewable Energy Partnership That Benefits Everyone
The Accelerated Partnership for Renewables in Africa (APRA), launched by President Ruto of Kenya ahead of COP28, aims to support Africa’s clean energy agenda and bring this ambitious vision to life.
India invests $25 million in hydrogen hubs to boost green shipping, pilot projects underway
India is also emerging as a hub for green shipbuilding, with plans to modernize shipyards and reopen older dockyards. "India aims to rank among the top five shipbuilding nations by 2047," the minister noted.
India needs 122 GW wind capacity by FY32 to ensure energy security
The report reveals that 21 Indian states have set targets to contract more than 100 GW of wind capacity by 2030 to meet renewable purchase obligations and diversify their clean energy portfolios.