APT Translations

The German Embassy in New Delhi, under the aegis of the Indo-German Partnership for Green and Sustainable Development (GSDP), will host a critical conversation titled 'Financing the Renewable Energy Revolution' on Friday. The GSDP Conversation Series addresses political, financial, and social aspects of India's renewable energy goals.

India's power industry emissions must peak by 2026 to achieve net zero by mid-century, according to BloombergNEF. However, the government's push for coal usage makes this target unlikely. India needs $12.4 trillion in investment for clean energy, electric vehicles, and new technologies like carbon capture and green hydrogen.

​The ISA has committed $2 million in seed funding, targeting $10 million for the facility. “ISA is excited to collaborate with MIGA for providing cost-effective guarantee solutions for decentralized solar projects in Africa,” said Dr. Ajay Mathur, Director General, ISA.

India needs to enhance its weather monitoring to maximize clean energy potential, according to industry leaders. Low weather station density and infrequent measurements hinder wind farm performance. Better weather modeling is crucial for optimizing renewable energy production and ensuring safety and profitability, especially as India aims to expand its renewable capacity significantly by the decade's end.

The company said the vehicle would be an existing model with a hydrogen fuel cell drive option, without giving further details. It also did not give details on price or production volume.

Prime Minister Narendra Modi and his Singaporean counterpart, Prime Minister Lawrence Wong, expressed their appreciation for the work of their ministers in shaping a framework for bilateral cooperation, centred around six pillars sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity.

The bonds would be issued mainly under Adani Green Energy and Adani Energy Solutions, the group's renewable energy and power transmission units, and through special purpose vehicles, the report said.

The Rajasthan Government led by Chief Minister Bhajanlal Sharma held a cabinet meeting at the Secretariat on Wednesday and made several important decisions, including 33 per cent reservation for women in the police department.

Alpex Solar, one of the oldest solar module manufacturers, is expanding into solar cell production to enhance its cost efficiency and profitability. Ashwani Sehgal, Managing Director of Alpex Solar, said, “We are exploring the foray into solar cell manufacturing, which may offer multiple advantages, including cost, profitability, and branding.”

In a significant move towards enhancing India's green hydrogen ecosystem, the government has launched a detailed study to evaluate the cost-effectiveness and reliability of transporting green hydrogen through dedicated pipelines from renewable energy zones to ports.