Harnessing carbon capture to boost India’s methanol energy security and economy
According to the NITI Aayog, India has a theoretical CO2 storage potential of 400–600 Gt, but the infrastructure requires a 10-year gestation period. Therefore, immediate attention needs to be directed to carbon utilisation methods.
TPREL, NHPC partner to solarize government buildings by 2025
The agreement, inked at NHPC's office complex in Faridabad, aims to install Rooftop Solar Projects (RTS Projects) on government buildings under the PM Surya Ghar Yojna Scheme with a target completion date of December 2025.
EU's carbon tax could cost India 0.05 per cent of GDP: Report
The EU argues that this mechanism creates a level playing field for domestically manufactured goods, which must adhere to stricter environmental standards, and helps reduce emissions from imports.
Cabinet to soon decide on IPEF's clean, fair economy agreements
The framework is structured around four pillars relating to trade, supply chains, clean economy and fair economy. India has joined all the pillars except the trade.
ADB approves USD 240.5 mn loan for rooftop solar systems in India
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
Corporate funding in solar sector globally dips 10 pc to USD 16.6 bn in Jan-Jun: Mercom
In the first half of 2024, the global VC funding activity decreased 29 per cent with USD 2.7 billion raised in 29 deals compared to USD 3.8 billion from 33 deals in the first half of 2023.
Protonas raises seed funding to expand hydrogen fuel cell operations in North America and Asia
Protonas is set to enhance its market presence in North America with its backup power solutions and collaborate with light-duty transportation and delivery companies in India to develop carbon-neutral vehicles.
Piyush Goyal for collaboration in smooth supply of critical minerals, semicon, pharma, green energy
Commerce and Industry Minister Piyush Goyal has called for increased collaborations among trusted partner countries to ensure smooth supply of critical minerals, semiconductors, pharmaceuticals, and green energy.
Global energy leaders target sustainable solutions at BRICS energy partnership forum
Ram Nath Thakur, Minister of State for Agriculture and Farmers Welfare, Government of India, emphasized India's commitment to tripling its renewable energy capacity by 2030.
IREDA to invest ₹290 crore in Nepal’s 900 MW hydroelectric project
This investment marks a strategic initiative in collaboration with SJVN Limited to establish the 900 MW Upper Karnali Hydro-Electric Power Project, contingent on approvals from the Government of India and other regulatory bodies.