APT Translations

In many cases rising exports have been accompanied by falling prices. If that combination persists, it threatens to trigger reactions from more countries beyond the US and Europe.

The International Energy Agency (IEA) forecast in a report that global investment in clean energy this year will hit $2 trillion, twice the amount going to fossil fuels.

The incoming COP29 Presidency, Azerbaijan, will partner with International Renewable Energy Agency (IRENA) on the monitoring of progress towards tripling renewable energy capacity and doubling energy efficiency by 2030.

The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched in May 2022 and it currently includes 14 partners -- Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the US, and Vietnam.

Looking at varying emissions-reduction scenarios, between seven and nine billion tonnes of CO2 must be captured from the atmosphere by 2050, according to the second edition of the University of Oxford's report on the subject.

To reduce its carbon footprint, Hindustan Zinc is increasing the quantum of renewable energy in its energy mix and improving its operational efficiency.

While positions in operations, maintenance, and technical roles are highly sought, there is a rising demand for solar PV and wind turbine technicians and installers, roofers, production operators, storage operators, and waste management specialists, the report added.

The agreement between Azerbaijan's Energy Minister Parviz Shahbazov and IRENA’s Director-General Francesco La Camera was finalized on the sidelines of the Baku Energy Week. Both parties have also planned to host a joint event at the Pre-COP meetings in Baku, ahead of COP29.

As of March 2024, India's installed solar energy capacity stands at 81.81 GW, representing 63.4% of total renewable energy generation.