APT Translations

"The absence of standards, regulations and rigour in voluntary carbon market credits is deeply concerning," UN Secretary General Antonio Guterres told the COP27 climate conference last year.

The opposition party has been questioning the financial dealings of billionaire Gautam Adani's group after the US-based Hindenburg Research alleged "irregularities" and charged it with stock price manipulation.

India has its strengths in manufacturing and a strong supplier ecosystem to capitalize on this opportunity. However, the Indian manufacturers have to adopt best practices to emerge as a reliable supplier base.

Vietnam pushed for a large share of grants and cheap funding to smooth its planned costly phase-out of coal-fired power plants and replace them with wind farms and other renewables sources, but donors offered mostly expensive loans at market rates amid chronic delays in the country's power projects.

Adani Green's energy sales rose 87% in the quarter, mainly driven by solar-wind hybrid category, the green energy arm of Adani Group said.

As a result of the lower generation, the EBITDA of rated renewable energy companies was lower by 2.5%-6.0% in last three fiscal years on an aggregate basis.

Renewable energy capacity needs "to reach more than 11,000 GW" by 2030, the United Arab Emirates' COP28 presidency, the International Renewable Energy Agency (IRENA) and the Global Renewables Alliance said in a joint report.

This use of renewable energy was accelerated by the 2010 National Renewable Energy Policy, which set a target of 20 percent renewable energy in the power generation mix (also known as the installed capacity mix) by 2025.