Only 8 nations raise renewable targets after COP28, global goal still far off
12/11/2024Renewable Energy Translations
The report 'In 12 months the renewables market has moved but governments have not', states that while renewables markets are progressing, governmental targets lag, with just eight countries revising their renewable goals since the pledge.
NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030
12/11/2024Renewable Energy Translations
A significant CO2 emission gap would still need to be closed by 2050, according to IRENA’s World Energy Transitions Outlook 2024.
Call to stop fossil fuel use must come with alternatives: Sadhguru
12/11/2024Renewable Energy Translations
Sadhguru, speaking at the UN climate talks, argued that simply urging nations to abandon fossil fuels without offering alternatives is ineffective. He emphasized the need for technological advancements to provide viable alternatives and highlighted that excessive talk about abandoning fossil fuels…
Sunkind gets 570-MW solar project from Maharashtra govt
12/11/2024Renewable Energy Translations
The project has been awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0 scheme), the renewable energy player said in a statement.
Businesses falling behind on climate resilience, with only 17% ready for major disruptions: ACCA
12/11/2024Renewable Energy Translations
The report, Weathering the Storm: Building Resilience Against Climate Disruptions, also highlights that a mere 17% of organisations regularly rehearse responses to climate events, while 25% have no mechanisms in place to build resilience.
High installation cost, skill shortage key barriers to solar adoption: Report
12/11/2024Renewable Energy Translations
The survey, titled "Solar Spectrum of New India," highlights the growing interest in solar power as well as regional disparities in adoption rates and awareness levels.
Tembo Global bags ₹595 crore solar contract from Maharashtra state electricity distribution
12/11/2024Renewable Energy Translations
The Power Purchase Agreement (PPA) under Mukhyamantri Saur Krushi Vahini Yojana 2.0 will support the installation of solar power stations with a total capacity of 124 MW (AC), part of the PM-KUSUM scheme’s initiative for feeder-level solarisation.
Navigating Regulatory and Compliance Shifts for Global Businesses
11/11/2024Renewable Energy Translations
India needs significant patient-finance and suite of technologies to bring changes in consumption and emission patterns, backed by a supportive legal-regulatory-policy environment to facilitate innovations and the transition.
Green Hydrogen’s Near-term Value Proposition Lies in Niche Applications
11/11/2024Renewable Energy Translations
Newspaper announcements have cited ambitions to bring the cost of green hydrogen production down to $1/kg from $5+ per kg today. This is implicitly based on the assumption that if the cost of RE continues to decline as in the recent past, we can produce green hydrogen cheaply.
Role of carbon capture, utilization and storage to achieve Net Zero in India
11/11/2024Renewable Energy Translations
Net Zero demands for transitioning away from fossil fuel, adoption of RE, implementation of energy efficiency measures, commercialization of Carbon Capture, Utilization and Storage (CCUS) technologies. CCUS has very high potential and is crucial for India’s successful achievement of Net Zero target…