German industry turns to solar in race to cut energy costs
"The PV systems amortize after about 7-1/2 years. The manufacturer gives a guarantee of 20 years. That means this is an extremely lucrative investment," Matthias told Reuters.
Bonn's 2024 International Energy Workshop Gave New Insights to Advance Global Energy Modelling
The 2024 International Energy Workshop turned out to be a pivotal event, enriching the global energy modelling community with new ideas essential for navigating the challenges and opportunities in the energy sector.
World Bank approves USD 1.5 bn to support India's low-carbon energy sector
"The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate finance for low-carbon energy investments.," the World Bank said in a blog post.
IFFCO withdraws plea from NCLT in Triumph Offshore case
IFFCO had approached the National Company Law Tribunal (NCLT) in March seeking to restrain Triumph Offshore and SEL from issuing any share/securities to lenders for paying loans and passing any such resolution without its approval.
EU's power mix in 2024 the greenest yet, industry data show
Emissions-free sources produced 74% of EU electricity in January-June, of which 50% was from renewable sources like wind and solar, and 24% from nuclear, industry association Eurelectric said.
Google buys stake in Taiwan solar power firm owned by BlackRock
Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets.
China issues rare earth regulations to further protect domestic supply
The regulations, issued by the State Council or cabinet on Saturday, say rare earth resources belong to the state, and that the government will oversee the development of the industry around rare earths - a group of 17 minerals of which China has in recent years become the world's dominant producer, accounting for nearly 90% of global refined output.
IREDA loan grows manifold to Rs 9,136 crore in April-June
The total loan book outstanding as of June 30, 2024 was at Rs 63,150 crore, up 33.77 per cent over Rs 47,207 crore in April-June FY24, IREDA said in a statement.
Avaada Energy gets 820 MW hybrid project from SJVN
Avaada Energy has secured 820 MWp-hybrid-ISTS ( inter-state transmission system ) capacity. This project was awarded by SJVN, the company said.
German renewable energy coverage rises to 58% in H1
The gain from 52% in the same period last year lifted the coverage to a record high for a six-month period, the research centre said in a statement.