APT Translations

Methane, the main component of natural gas, is the second-biggest cause of climate change after carbon dioxide and in the short term has a far higher warming effect. Rapid cuts in methane emissions this decade are crucial if the world is to avoid severe climate change.

SEMA points out that the current credit system permits modules predominantly made in China to be considered as produced in the U.S. with minimal domestic processing. This policy, they claim, undermines local manufacturers and increases U.S. dependence on Chinese solar products.

During FY24, ReNew added 1,174 megawatts (MW) of solar and 768 MW of wind energy, marking one of the largest single-year capacity additions in India's wind energy sector. The company now contributes approximately 10 percent to India's total solar and wind energy generation, with its wind portfolio alone accounting for 10.5 percent of the nation’s total wind energy capacity.

Reliance Industries Ltd (RIL), Larsen and Toubro (L&T), Greenko Group, and Welspun New Energy are planning to establish green hydrogen and green ammonia units at Gujarat’s Deendayal Port Authority (DPA) in Kandla, according to informed sources. The project, estimated to attract investments up to Rs 1 lakh crore, marks one of the largest investments in India's energy infrastructure.

India will also showcase some of the large infrastructure projects in Clean Economy and top climate tech companies to the global investors for investment opportunities at the 14-nation meeting.

"Today, we are launching a new inquiry into Chinese suppliers of wind turbines," EU competition chief Margrethe Vestager said in a speech at Princeton University in the US state of New Jersey.

The extension comes in response to requests from various stakeholders for more time to develop their proposals, ensuring that high-quality, innovative projects can be thoroughly prepared and submitted. This initiative is part of the government's broader strategy to promote the use of green hydrogen, a clean energy source that plays a crucial role in India's commitment to achieving energy self-reliance and reducing carbon emissions.

The energy transition, which includes electric vehicles and renewable energy technologies, is expected to fuel a surge in copper consumption over the coming years as the world moves towards eliminating carbon emissions.

With the regulation focusing on direct emissions from the production process from January 1, 2026, and excluding indirect emissions — which constitute about 80% of the total emissions from primary aluminium production — the effect on Indian exports to the EU is expected to be minimal.

One area where India's leadership shines is in climate finance. Its remarkable efforts to mitigate climate change while fostering economic growth have gained international recognition.