Green Power

The Industrial Transition Accelerator (ITA) on Thursday said it has selected 11 Indian projects that will receive tailored support as part of its India Project Support Programme to accelerate critical clean industrial projects. The ITA is a global multi-stakeholder initiative launched at COP28 to fast-track industrial transition across energy-intensive industry and transport sectors. The selected projects, led by companies including Jindal Steel, JSW Steel, ACME Group, Yamna, Circular Urban Energy (CUE) and ReNew, represent more than USD 18 billion in potential investment and could deliver over 7.8 million tonnes of annual carbon abatement across multiple sectors, a statement said. "In a world shaped by geopolitical volatility, the ability to produce clean materials domestically and competitively will be a key driver of both economic resilience and long-term growth," James Schofield, Managing Director, Industrial Transition Accelerator, said in the statement. Across in-country ...

The acquisition will raise Purvah Green Power's contracted capacity to 4.8 GWp and support RPSG Group's ambition to build a 10 GW renewable energy platform

Union New & Renewable Energy Minister Pralhad Joshi on Wednesday said India has over 272 GW non-fossil fuel-based electricity generation capacity, including 141 solar and 55 GW wind energy, at the launch of 'India-UK Offshore Wind Taskforce'. This assumes significance in view of India's ambitious target of 500 GW of renewable energy by 2030 and net-zero emission target by 2070. UK Deputy Prime Minister David Lammy and British High Commissioner to India Lindy Cameron were present on the occasion. Addressing the official launch of the India-UK Offshore Wind Taskforce, Joshi said in the ongoing financial year, India added more than 35 GW of solar and 4.61 GW of wind capacity. Also, he said last year India achieved 50 per cent of its cumulative installed power capacity from non-fossil sources, five years ahead of our Nationally Determined Contribution commitment. "Today, India's installed non-fossil capacity stands at over 272 GW, with solar at more than 141 GW and wind at 55 GW... to

The transmission project will carry renewable power from solar-rich Rajasthan to the national grid, ensuring electricity reaches high-demand regions across India

State-owned Nalco is transitioning its power-intensive smelting operations to renewable energy sources, and plans to set up 200-300 MW of green power capacity backed by battery storage to ensure a reliable supply and significantly cut overall carbon emissions. Nalco, which currently relies 100 per cent on coal-based captive power plants that account for 80 per cent of its carbon emissions, plans to ramp up its efforts to produce green aluminium, its Chairman-cum-Managing Director (CMD) Brijendra Pratap Singh said. The smelting process, which constitutes 35-40 per cent of production costs, draws power from in-house coal plants at Rs 3-3.5 per unit, while green power rates hover at Rs 4.5-5 per unit, he said. In a bid to address this, National Aluminium Company Ltd (Nalco) is pursuing power purchase agreements (PPAs), developing its own green power plants, and appointing a consultant to devise strategies for securing green energy at minimal cost with round-the-clock availability, he .

Company's plans include green ammonia, hybrid renewable facilities

The new framework aims to gradually narrow the permissible gap between the amount of electricity producers commit to supply and what they actually generate

While the move could free up grid capacity struggling to keep up with India's rapid renewable rollout, it would be a major setback for the green ambitions of the world's third-highest emitter

Homegrown L&T Energy GreenTech Ltd and Japan-based ITOCHU Corporation have joined hands to develop a green ammonia project of 300 kilo tonne per annum (KTPA) capacity in Gujarat, to target opportunities in the maritime sector. The project will come up over a land parcel acquired by parent Larsen & Toubro (L&T) at Kandla in Gujarat last year, L&T Energy GreenTech Ltd (LTEG) said in a statement on Wednesday. As per the statement, LTEG has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat. "The latest collaboration supports LTEG's strategic vision to establish a presence across the green energy value chain and complements ITOCHU's initiatives to introduce low-carbon ammonia as a zero-emission marine fuel," LTEG said. Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product ...

Industry is at 'turning point' and could be the leader in low-carbon global economy, according to research by an independent group

The scheme aims to promote energy efficiency by enabling Delhi households to replace old ACs and fans with new energy-saving models at discounted rates

So, what do we make of these green deserts and melting polar edges? These are not signs of nature healing but signals of a planet under pressure

The push to increase RE capacity aligns with India's commitment to combat climate change and reduce global warming, aiming to achieve 500 Gw of RE capacity by 2030

Oil exploration and production player Josler Energy on Monday announced its collaboration with Heath Consultants, Inc and Indraprastha Gas Ltd under the US-India Low Emissions Gas Task Force (LEGT). As per the collaboration, advanced gas leak detection technologies will be introduced into IGL's gas distribution network that spans Delhi-NCR, Haryana, Uttar Pradesh and Rajasthan. The MoU, signed between IGL and Heath Consultants at GASTECH 2024, Houston, is a significant step towards reducing methane emissions and bolstering public safety across IGL's network, a company statement said. Josler Energy will provide technical support, field expertise, and training to IGL's employees, empowering them to utilize the latest technologies and best practices in gas leak detection. Since 2019, Josler Energy has surveyed over 20,000 kilometers of underground pipelines, preventing dangerous leaks that threaten public safety, the environment, and financial resources. "Partnering with Heath ...

Green power trading is a market-based approach to promote green electricity consumption that could help China shift away from a reliance on subsidies

The DERC has released its draft regulations for renewable purchase obligation (RPO), mandating a 29.91 per cent green energy purchase this year for all stakeholders, including discoms, officials said on Monday. RPOs mandate all electricity distribution licensees to purchase energy from renewable sources. The Draft Delhi Electricity Regulatory Commission (Renewable Purchase Obligation and Renewable Energy Certificate Framework Implementation) Regulations, 2024 has been issued by the DERC, which is seeking public comments till July 2, they said. Under the draft regulations released by the Delhi Electricity Regulatory Commission (DERC), all stakeholders including discoms, must comply with specified RPO targets as a percentage of their total annual consumption. The DERC has specified an RPO target of 29.91 per cent for 2024-25 and 30.01 per cent for 2025-26, as per the draft regulation. Non-compliance of the RPO targets will result in a penalty of 10 paise per unit for all obligated .

The arrangement between SACE and REC is a breakthrough and a first-of-its-kind collaboration between an Indian government entity and SACE

"We believe that an acceleration of effort by countries, corporates and investors is imperative as Southeast Asia remains woefully off-track," said Kimberly Tan, GenZero's managing director

Ramp up in captive coal production could also help National Aluminium Company, known to be one of the lowest-cost producers of alumina, to register further reduction in costs

"We have put across the asks. One, of course, is a reduction in CRR for green deposits and second, if at all as a policy it can be incorporated," Khara said