Global energy system faces rising risks amid geopolitical strains: IEA
Projections based on current policies indicate that the world will face a new energy market landscape in the coming years, with abundant supplies of oil, liquefied natural gas (LNG), and key clean energy technologies like solar PV and batteries expected in the second half of the 2020s.
EEX, IGX partner to boost hydrogen trading in India
The partnership will initially focus on gathering market insights and engaging stakeholders from production, trading, transport, and consumption sectors, along with policymakers and regulators. The goal is to establish a hydrogen price index and offer trading services in India. This is expected to…
KPI Green Energy signs PPAs for 620 MW projects in Gujarat
The first power purchase agreement (PPA) is for a 250 MW AC (275MW DC- direct current) grid-connected solar photovoltaic power project, while the second is a 370 MW Ac (642MW DC) grid-connected hybrid RE power project, the company said in an exchange filing.
World heading into 'the Age of Electricity': IEA
More than half of the world's electricity will be produced by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.
Adani Green Energy to defer $1.2 bn 20-year notes to after US elections
Adani Green Energy Ltd (AGEL), Adani Group's renewable arm and India's largest renewable energy company, has deferred its $1.2 billion IG rated offering to after the US presidential elections on account of weak market conditions.
India's renewable energy to grow at twice the pace than overall energy growth by 2030: CRISIL
The report noted that by fiscal 2030, India's renewable energy (RE) capacity, excluding large hydro projects, is projected to reach 360-370 GW, growing at a compound annual growth rate (CAGR) of 16.5 per cent-17 per cent.
Global South drives cleantech surge with 87% of power investment now in renewables
The Global South, comprising nations across Latin America, Africa, South Asia, and Southeast Asia, is leveraging its vast renewable potential, which accounts for 70% of global renewable resources. This shift comes as these nations, with the world’s lowest per capita fossil fuel reserves, face…
India’s renewable investments hit ₹8.5 lakh crore, MNRE eyes 500 GW capacity by 2030
"A significant part of this growth will come from the solar sector, driven by initiatives like PM Surya Ghar and PM KUSUM," Singh said. The solar module manufacturing capacity, which was 2 GW in 2014, has now surged to 60 GW, and is expected to exceed 100 GW by 2030, he added.
Green hydrogen, scrap steel key to decarbonizing India’s steel sector: Neha Verma, Director, Ministry of Steel
Verma laid out the challenges, stating that the steel sector, heavily reliant on coal, is a key contributor to emissions. "Steel is what you cannot live without, and its emissions are what we cannot live with," she remarked, noting that the sector is classified as a “hard to abate” industry due to…
Tembo Global wins ₹595 crore solar contract from Maharashtra State Electricity
Patel emphasized the significance of the contract, stating, “We are confident we will complete the project on time and provide value-added solutions to our client.” Tembo Global Industries recently entered the Solar MEP segment, aligning its growth with India’s rapidly expanding solar energy…