Yellen warns that ending US clean energy tax credits would raise consumer costs
Yellen told an audience at North Carolina's Wake Tech Community College that families across the country had claimed $8.4 billion in energy tax credits that would help them lower their energy bills long-term.
ISA in talks with Africa50 for $200 million Africa solar facility
The announcement was made during the inaugural International Solar Festival 2024, a landmark event hosted by the ISA, which works with governments globally to promote solar energy as a key climate solution and a sustainable path toward a carbon-neutral future.
Focus on demand creation key to boost biomass offtake: SAMARTH Mission Director
Emphasizing the need to improve demand creation for biomass offtake, Shri Satish Upadhyay, Mission Director of SAMARTH (Sustainable Agrarian Mission on the use of Agri-Residue in Thermal Power Plants), called for market-driven mechanisms to facilitate biomass utilization during a national seminar held in Chandigarh on September 5.
Prozeal Green Energy, Golyan Power sign JV pact for solar projects in Nepal
The agreement was signed on Tuesday at Golyan Group headquarters in Kathmandu, marking a significant milestone in both companies' commitment to advancing renewable energy solutions, a statement said.
Germany supports renewable energy transition in India
The German Embassy in New Delhi, under the aegis of the Indo-German Partnership for Green and Sustainable Development (GSDP), will host a critical conversation titled 'Financing the Renewable Energy Revolution' on Friday. The GSDP Conversation Series addresses political, financial, and social aspects of India's renewable energy goals.
India power emissions must peak by 2026 to meet Paris pact
India's power industry emissions must peak by 2026 to achieve net zero by mid-century, according to BloombergNEF. However, the government's push for coal usage makes this target unlikely. India needs $12.4 trillion in investment for clean energy, electric vehicles, and new technologies like carbon capture and green hydrogen.
MIGA, ISA launch solar facility to boost solar energy in Sub-Saharan Africa
The ISA has committed $2 million in seed funding, targeting $10 million for the facility. “ISA is excited to collaborate with MIGA for providing cost-effective guarantee solutions for decentralized solar projects in Africa,” said Dr. Ajay Mathur, Director General, ISA.
India’s renewables expansion threatened by poor weather data
India needs to enhance its weather monitoring to maximize clean energy potential, according to industry leaders. Low weather station density and infrequent measurements hinder wind farm performance. Better weather modeling is crucial for optimizing renewable energy production and ensuring safety and profitability, especially as India aims to expand its renewable capacity significantly by the decade's end.
BMW plans to bring its first hydrogen car onto the market from 2028
The company said the vehicle would be an existing model with a hydrogen fuel cell drive option, without giving further details. It also did not give details on price or production volume.
PM Modi, Singapore counterpart Wong identify six pillars for bilateral cooperation and progress
Prime Minister Narendra Modi and his Singaporean counterpart, Prime Minister Lawrence Wong, expressed their appreciation for the work of their ministers in shaping a framework for bilateral cooperation, centred around six pillars sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity.