APT Translations

President Joe Biden's climate law aimed to stoke trillions of dollars of investment to wean the economy off planet-warming fossil fuels, partly through tax breaks for builders of projects like wind farms and solar plants.

Green hydrogen produced by splitting water using renewable electricity is a clean fuel with no carbon emissions. It can be used as a feedstock in industries like steel and oil refineries and as fuel in automobiles and produces water on being burnt.

The company has also secured an order to supply goods by air to BHEL, Tiger Logistics said in a statement.

​​To achieve Net-Zero emission targets, one of the actions taken is the promotion of electric vehicles. No doubt, electric vehicles will reduce air pollution by restricting exhaust emission. But it should be understood that EVs only transfer the GHG from the fuel tank to the power generating station.

According to the statement, HPL Electric and Power on Monday announced a major win with smart meter orders totalling Rs 240 crore from AMISP clients in the normal course of business.

Notably, ETO Motors has received authorisation to initiate the deployment with a special focus on Ayodhya, coinciding with the inauguration of the Ram Temple, it said.

SEIT has been set up to focus on the growth of the renewable energy sector in India at scale. It holds operational renewable power assets seeded by Mahindra Susten with a generation capacity of approximately 1.54 GWp.

In October 2021, a unit of Reliance acquired Norway's solar panel manufacturer at an enterprise value of USD 771 million as the Indian oil-to-retail conglomerate sought to extend its dominance into alternative energy.

"The project's primary motivation is to serve the Indian Army, reduce dependence on fossil fuels, and promote a carbon-neutral ecosystem in high-altitude areas," the statement said.

The success of renewables is not only a story of records and data on energy progress. It is a story of a pivotal shift in the global energy priorities.