Global Goal of Tripling Renewables Needs USD 1.5 Trillion Investment Per Year
Despite an unprecedented acceleration in renewable energy deployment in 2023, progress falls short to triple renewables by 2030. Current national plans and targets are set to deliver only half of the required growth in renewable power by 2030.
CEA Chief warns of energy transition challenges, calls for faster financing solutions
Prasad emphasized the urgent need for faster, innovative financing mechanisms and a focus on domestic manufacturing to ensure energy security.
IREDA gets nod to set up retail subsidiary for renewable energy business
This new entity will handle the retail business under key government schemes such as PM-Suryaghar (Rooftop Solar) and PM-KUSUM, along with B2C segments in renewable energy (RE) and emerging sectors like electric vehicles (EVs), energy storage, and green technologies.
Govt allocates ₹500 crore for innovative rooftop solar projects under PM-Surya Ghar Yojana
The notification, issued on October 8, 2024, aims to encourage startups, institutions, and industries to develop new solutions like blockchain-based peer-to-peer solar trading, smart materials, and solar systems integrated with electric vehicles.
Paris Agreement’s goals not on track, but net zero still in sight: Report
It added that despite impressive strides in 2023 and positive projections for 2024, the pace of renewable development isn’t fast enough.
Indore to become the world's first energy literate city? All you need to know
Starting December 1, the 'Indore Climate Mission' campaign aims to make Indore the world's first energy literate city. The initiative, supported by Energy Swaraj Foundation, will encourage 35 lakh residents to adopt energy-saving habits to reduce carbon emissions, targeting a 7-10% monthly decrease…
Ireda Q2 net profit grows 36 pc to Rs 388 cr
The company had posted a profit after tax (PAT) of Rs 284.73 crore in the July-September period of the preceding 2023-24 fiscal, it said in an exchange filing.
Union minister Pralhad Joshi stresses India’s renewable achievements in Germany; eyes global partnerships
This visit highlighted India's robust commitment to sustainability and renewable energy, fostering discussions that could shape future energy policies between India and Germany.
Solar surge and cheaper batteries lead emissions decline, Paris targets still far off
Global energy-related CO2 emissions peaked in 2024, marking the beginning of a long-term decline, according to DNV's Energy Transition Outlook.
Wind energy at pivotal phase, industry calls for strong policy support to achieve 140 GW target by 2030
The country’s installed wind energy capacity stands at over 48 gigawatts (GW), and industry experts see the potential to add at least 8 GW annually. Amit Kansal, CEO and Managing Director of Senvion Wind Technology, noted that India’s wind energy sector has witnessed significant growth, with hybrid…