ADB approves USD 240.5 mn loan for rooftop solar systems in India
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
Corporate funding in solar sector globally dips 10 pc to USD 16.6 bn in Jan-Jun: Mercom
In the first half of 2024, the global VC funding activity decreased 29 per cent with USD 2.7 billion raised in 29 deals compared to USD 3.8 billion from 33 deals in the first half of 2023.
Protonas raises seed funding to expand hydrogen fuel cell operations in North America and Asia
Protonas is set to enhance its market presence in North America with its backup power solutions and collaborate with light-duty transportation and delivery companies in India to develop carbon-neutral vehicles.
Piyush Goyal for collaboration in smooth supply of critical minerals, semicon, pharma, green energy
Commerce and Industry Minister Piyush Goyal has called for increased collaborations among trusted partner countries to ensure smooth supply of critical minerals, semiconductors, pharmaceuticals, and green energy.
Global energy leaders target sustainable solutions at BRICS energy partnership forum
Ram Nath Thakur, Minister of State for Agriculture and Farmers Welfare, Government of India, emphasized India's commitment to tripling its renewable energy capacity by 2030.
IREDA to invest ₹290 crore in Nepal’s 900 MW hydroelectric project
This investment marks a strategic initiative in collaboration with SJVN Limited to establish the 900 MW Upper Karnali Hydro-Electric Power Project, contingent on approvals from the Government of India and other regulatory bodies.
UAE considers building a second nuclear power plant
The country of some 10 million people has become a proponent of nuclear power, a low-carbon energy source, as it seeks to diversify its economy and attract foreign investment. Its first plant started commercial operations in 2021.
Slew of measures expected in Budget to promote investments in clean energy sector: Experts
Their expectation is that the government may announce policy-related measures, viability gap funding (VGF) and incentive schemes for the clean energy industry, the experts said.
Many US solar factories are lagging. Except those China owns
Chinese companies will have at least 20 gigawatts' worth of annual solar panel production capacity on US soil within the next year, enough to serve about half the US market, according to a Reuters analysis of corporate statements, government documents, and interviews with eight companies and researchers.
New Zealand may miss 2035 emission target, government report forecasts
The forecast failure to meet the target is in part due to the centre-right government's removal of a number of its centre-left predecessor's climate policies and fewer trees being planted commercially, the document said.