APT Translations

As per India's NDC, the country stands committed to reducing emission intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed capacity from non-fossil-based resources by 2030.

It illustrates the hard balance faced as India, the third-largest greenhouse gas emitter, scrambles to boost its non-fossil fuel capacity to stem the rising impacts of climate change.

The report highlighted a robust pipeline of 110.6 GW in combined solar, wind, wind-solar hybrid, and storage projects, expected to be commissioned over the next 4-5 years. Additionally, 71.4 GW of projects are in the bidding phase, with tenders issued but auctions yet to be completed.

The partnership between JNCASR, an autonomous institute under the Department of Science and Technology (DST), and Hindustan Zinc, a leader in the zinc sector, is expected to address key challenges in stabilizing the performance of Zn-ion batteries, which is crucial for their commercialization.

The workshop, jointly organized by NITI Aayog, the US Department of State’s Bureau of Energy Resources, the US Department of Energy’s Office of Carbon Management, and the US Department of Commerce’s Commercial Law Development Program, brought together senior officials and industry leaders from both countries.

India is set to make a significant leap in its energy transition with plans to implement 40GW of battery storage and 90GW of pump storage capacity by 2030, focusing on states like Andhra Pradesh, Tamil Nadu, and Gujarat, said Srikant Nagulapalli, Additional Secretary, Ministry of Power, at the IEEMA Industry Conclave 2024 held in Delhi.

Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.

Higher imports by the world's biggest silver consumer could give further support to global prices, which are close to their highest level in more than a decade. India imported 3,625 metric tons of the white metal last year.

The study, conducted with technical analysis by the global think tank International Council on Clean Transportation (ICCT), revealed that nitrogen oxide (NOx) emissions from BS-VI private cars were 81 per cent lower than those from BS-IV cars. Similarly, BS-VI buses produced 95 per cent lower NOx compared to BS-IV buses.

The event, to be organized by the Climate and Energy Transition Finance Initiative (CETFI), will take place from September 25-27, 2024, and will focus on mobilizing significant global capital to drive sustainable development in India.