APT Translations

The money will be aimed at industries that account for nearly a quarter of US emissions, but are challenging and expensive to shift to lower-carbon technologies

By 2030, solar tariffs in the UAE, Saudi Arabia, Egypt, Chile, and India are expected to dip below USD 20/MWh, while wind energy tariffs could fall under USD 30/MWh in Saudi Arabia, Egypt, the US, and India.

India’s commitment at COP 26 of 500 GW of renewable energy by 2030 translates to a 4x increment of operating assets. Historical energy elasticity of 1-2x is a given, considering the trends in GDP growth. It is a fair estimate to say that the country will need electricity generation capacity of upto ~ 900 GW by 2030.

According to a company statement, Jakson Group will manufacture the products at its facility in Noida. This collaboration aims to significantly bolster Jakson's distribution network, thereby advancing a sustainable energy future for the regions and beyond.

The 10-megawatt proton exchange membrane electrolyser for the green-hydrogen producing unit at the Vijaipur complex in Madhya Pradesh state has been imported from Canada, they added.

Exxon is developing what is expected to be the world's largest low-carbon hydrogen production plant at its Baytown Complex east of Houston in Texas, with an annual output capacity of about 900,000 metric tons of hydrogen and more than 1 million tons of ammonia. The project aims to start production in 2028.

Prior to joining Waaree Solar Americas Inc., Brinser served as the Vice President of Operations at EnerSys, where he managed manufacturing sites and implemented LEAN manufacturing programs.

Total clean electricity generation was a record 516.5 terawatt hours in January and February, up 12 per cent from the same period in 2023, data from energy think tank Ember shows.

The report highlights the increasing energy consumption per capita, indicating improved access to electricity across the country. Energy use per capita has increased over the decade, with Total Primary Energy Supply per capita to 22,724 Mega Joules in 2021-2022.

"As the world's leading solar power developer and India's largest renewable energy company, we are taking very big steps," he said.