Page 4 - Green Energy

India-G7 JETP stuck over coal, Centre's insistence on own transition plan

RE, tech transfer & green jobs on India's agenda, Germany & the US to co-lead the negotiations

NTPC, Tata Motors: Analysts bet on renewable energy stocks for long-haul

Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources

India well placed to lead green energy transition: Tata Group chairman

Tata Group Chairman Natarajan Chandrasekaran on Tuesday said transition to a cleaner and greener energy is an imperative that no one can wish away and India is well-placed to lead the change. He further said technological advancements have already made and should continue to make such energy transitions more affordable. The future of any business or industry, whether it is consumer facing or not, will be data-driven as the huge advancements in the field of technology has made real-time data availability both much easier as well as cheaper, he added. "The pressure to shift to green/renewable energy only will increase going forward and the transition to cleaner energy is irreversible. But we need more and newer and cleaner energy so that it becomes more affordable. We need to have hydrogen-based energy, electric batteries, storage systems, technology to reuse of industrial waste etc. "All these will be done in our own lifetime but what we need to ensure is that these solutions are mo

Five changes that can help India reach its green energy goal faster

Experts say India will need systemic changes in policy and electricity infrastructure to quickly ramp up its renewable energy capacity

Sembcorp acquires 100% stake in GIP-backed Vector Green for Rs 2,780 cr

Vector has a total portfolio of 583 Mw across 13 states; deal will take Sembcorp's gross renewable assets in India to 3 Gw

'Greening' of coal: A peek into India's evolving stance towards emission

The war in Ukraine has forced India to review its plans to scale back the fuel in the overall energy mix

India's dependence on coal increases despite its green energy push

FM Sitharaman even said that India's plan to shift to renewable energy has received a jolt and therefore ways to reduce coal dependency and return to eco-friendly energy resources, need to be devised

Top Indian unicorn founders, venture capitalists back Green Startup Pledge

World's first climate pledge for startups is backed by India's leading VC funds and supported by entrepreneurs including Nithin Kamath, Deepinder Goyal and Bhavish Aggarwal

Govt to finance green bond projects and initiatives under 9 categories

Proceeds will be deposited in the Consolidated Fund of India

The opaque world of climate reporting

Investors, lenders, and stakeholders need a basis to accurately assess the impact of climate change on company operations. Sebi's climate change-reporting framework is well-intended but not adequate

South Africa's $8.5 bn plan to exit coal offers template for green shift

South Africa and its investment partners launched an $8.5 billion plan to shift from coal toward green energy at the COP27 climate summit, in a potentially landmark deal

Spotlight on innovation in non-solar areas in emerging green energy sector

Businesses built on renewable infrastructure are gaining traction but banks are still figuring out ways to finance them

Adani Enterprises Q2 net more than doubles; revenue rises threefold

In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY

Blurred energy nirvana: The world is fast turning green

Even though coal is back on the table, renewable energy is growing strongly

Adani group to invest $150 billion in pursuit of $1 trillion valuation

Richest Asian Gautam Adani's group will invest over USD 150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with USD 1 trillion valuations. On October 10, Adani Group Chief Financial Officer Jugeshinder 'Robbie' Singh detailed the growth plans of the group, which started off as a trader in 1988 and expanded rapidly into ports, airports, roads, power, renewable energy, power transmission, gas distribution and FMCG and more recently into data centres, airports, petrochemicals, cement and media, at an investor meet organised by Ventura Securities Ltd in New Delhi. The group plans to invest USD 50-70 billion in green hydrogen business and another USD 23 billion in green energy over the next 5-10 years, he said. It will invest USD 7 billion in electricity transmission, USD 12 billion in transport utility and USD 5 billion in the road sector. Its foray into data centre business

Energy crisis sparked by Ukraine war to speed up green transition: IEA

The IEA's report said the global energy crisis is causing profound and long-lasting changes that could hasten the transition to a more sustainable and secure energy system

India, Saudi Arabia explore renewable energy projects via undersea cables

Saudi Energy Minister Prince Abdulaziz bin Salman, who will be visiting India on Friday, will discuss cross-country renewable energy projects

Next big thing is to take solar to everyone's life: ISA Director-General

In a Q&A, Dr Ajay Mathur talks about the Alliance's current agenda, and financing and capacity building plans across green sectors

India needs dedicated wing to release Green GDP estimates, says RBI article

India needs to set up a dedicated wing in the environment ministry to release estimates of Green GDP periodically on a regular basis and create a user-friendly data dissemination platform, said an RBI article. Green GDP takes into account estimates for environmental degradation, depletion of natural resources, and savings of resources and environment into the national income accounts. "Given the paucity of relevant data, estimation of Green GDP for India in this paper relies on an available global database and provides the starting point for future research in this area of environmental and economic accounting," the article said. The trajectory of Green GDP for India displays an upward movement with visible improvements particularly, since 2012, it added. The central bank said that the views expressed in the article are those of the authors and do not represent the views of the Reserve Bank of India. "Furthermore, resource depletion, CO2 emission and material footprint, especially

ReNew Power to invest Rs 30,000 cr to scale up green capacities: Chairman

Green energy company ReNew Power plans to invest Rs 30,000 crore over the next two years to scale up its solar and wind energy capacities, its Chairman Sumant Sinha said. "We have 5,000 megawatts (MW) of projects that we are building right now. We have won various auctions... have PPAs (power purchase agreements)," Sinha, who is also the founder and CEO of the company, told PTI. The company plans to spend almost Rs 30,000 crore over the next two years to scale up solar and wind energy capacities, he said. ReNew Power, a subsidiary of ReNew Energy Global Plc, is one of the largest renewable energy independent power producers (IPPs) globally. The company currently has an aggregate capacity of 13.2 gigawatt (GW), including capacity already won in competitive bids. Sinha also said his company plans to produce green hydrogen in India. In his Independence Day speech last year, Prime Minister Narendra Modi had announced the launch of the National Hydrogen Mission with a view to aiding t