Page 7 - Clean Energy

BP's venture capital arm looks to India in clean mobility drive

So far, bp ventures only has one Indian investment - it put $13 million into EV ride-hailing firm BluSmart in September - and the country makes up about 2% of its $800 million portfolio

What are flex-fuel vehicles? Can they cut our dependence on petrol?

Union minister Nitin Gadkari recently said that flexible-fuel engines -- or flex engines -- will be made mandatory in India. Find out what flex-fuel vehicles are and how feasible they are

India plans to achieve half of its renewable potential by 2030

The government needs to decide projects based on equity. For now, most of the renewable projects are concentrated in only a few states

India to achieve 50% clean energy share before 2030 deadline: Singh

India will easily achieve the target of 50 per cent share of energy from non-fossil fuels and also the 500-gigawatt (GW) renewable energy capacity before the deadline of 2030 set by Prime Minister Narendra Modi, said Power and New & Renewable Energy R K Singh. It assumes significance in view of Prime Minister Narendra Modi's pledge at the COP26 Climate Conference in Glasgow that India will achieve net zero carbon emissions by 2070. Modi also raised the nationally determined contribution (NDC) target of non-fossil energy capacity to 500 GW by 2030, from 450 gigawatts earlier. Talking to PTI, Singh said, "We are working hard towards the prime minister's target of 500 GW from renewable energy by 2030. We had said we will do 40 per cent (energy from non-fossil fuel) by 2030. We have reached 39 per cent. We will easily achieve the 50 per cent target by 2030. The prime minister has given the target till 2030, we will achieve...before that." He added that the prime minister has increased

Biden announces Build Back Better Framework, $1.75tn social spending plan

The framework seeks to impose new taxes on the largest corporations and the wealthiest Americans to raise revenue of around $2 trillion over a decade to fully pay for the social spending plan.

Run-up to COP26: Emissions to rise as focus shifts to recovery, says IEA

Says India's Gati Shakti plan could spur clean energy investment; no other country has any new spending plans

Apple says 175 suppliers committed to using clean energy in last one year

Apple on Wednesday said it has more than doubled the number of suppliers committed to using clean energy to 175 globally in the last one year, including those from India

UK minister Truss to announce new strategic forum, tech tie-ups in India

India is the world's largest democracy, a tech and economic powerhouse and a vital strategic partner for the UK.

India talks tough at CERAWeek, pushes for lowering of crude oil price

High crude prices have made India rethink its energy transition strategy

$4 trn required in clean energy investment to limit global warming: IEA

An almost $4 trillion investment into clean energy is required to meet the Paris Agreement pledge to limit the global temperature increase to 1.5 degrees Celsius, IEA said

Global energy crisis is the first of many in the clean-power era

The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic

China's end to overseas coal financing could free $130 bn for clean energy

China's pledge to end overseas coal financing will impact 44 coal plants totalling 42,220 megawatts (MW) of capacity, according to Global Energy Monitor's updated Global Coal Public Finance Tracker

Quad nations to focus on clean-energy supply chain, says Australia PM

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy: Morrison

India committed to clean energy-based economy, says Nitin Gadkari

Union Minister Nitin Gadkari on Wednesday said India is committed to an eminently achievable clean energy-based economy, and added that the country will soon have a policy for flex-fuel engines

4 strategies for a UN breakthrough on energy and climate change

For the first time in 40 years, the UN General Assembly is convening a global summit of world leaders focused solely on energy

Europe's energy crunch sparks panic in Asia and scramble to buy fuel

Worried the eye-watering price of natural gas in Europe will spill over, LNG traders in Asia say they're paying record prices for this time of year

India moving away from coal slowly, considerable progress by states: Study

Study finds there has been a 76 per cent reduction in proposed coal power since the Paris Agreement was signed in 2015, bringing the end of new coal construction into sight.

US senator introduces legislation to boost India-US ties in clean energy

Given the shared threat of climate change and India's growing need for electricity, there is a strong case to be made for strengthening the US-India clean energy partnership, the senator said

India-US alliance to advance clean energy goals, says John Kerry

US special envoy launches Climate Action and Finance Mobilisation Dialogue

Kerry visit marks India, US shifting gears for clean energy partnership

Strategic reserves, carbon capture, biofuels, and hydrogen enter Strategic Clean Energy Partnership between countries.