The new projects include three large-scale plants in Rajasthan with a capacity of 420 megawatts, rooftop solar projects in France and Austria, and its first solar farm in Poland
As the world changes with changing realities, some businesses will suffer. But in any case India has an unplanned advantage: It has to destroy less of the old to make way for the new, writes T N Ninan
Three of India's biggest central state-owned enterprises, Coal India Limited, NTPC, and Indian Railways can help the country reach its climate goals while seizing a share of the clean energy market
Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become the world's top renewable energy producer by 2030. "The Adani Group has already committed USD 70 billion (for climate change and green energy). This will see us building three giga factories in India leading to one of the world's most integrated green-energy value chains," he said after receiving the USIBC Global Leadership Award here. These giga factories will "extend from polysilicon to solar modules, complete manufacturing of wind turbines, and the manufacturing of hydrogen electrolyzers," he said. This, he said, will generate an additional 45 GW of renewable energy to add to Adani group's existing 20 GW capacity, as well as 3 million t
Interest on the buyers' side is rising too
About 3.4 million jobs can be created if ventures worth $350 billion is invested in initiatives dedicated to renewable energy and cleantech, said study
The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain
Investment to help it tap the entire value chain from manufacturing to EPC projects
GAIL has sought shareholder approval to increase authorised share capital of the company to Rs 10,000 cr from current Rs 5,000 cr to help raise finance for its expansion plans over the next 3-4 years
Will also embrace green fuels, industrial energy efficiency
Spending on research and training of solar panel technicians (suryamitras) was halved in 2022-23 compared to 2019-20
The strong hybrids offer a great solution over pure EVs, as they take care of all the barriers of the pure EVs, maintain Japanese carmakers
Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders
Japan's 'Asia Energy Transition Initiative' initially targeted supporting countries in the Association of South East Asian Nations (ASEAN) pushing towards net-zero carbon emissions
In order to realize the more ambitious expansion goal, 2 per cent of Germany's surface area is to be made available for onshore wind turbines
Norway is a significant and reliable international supplier, exporting close to 90 per cent of its energy production
They have committed to achieving a fully or predominantly decarbonised electricity sector by 2035, recognising that emissions from coal power generation is the single biggest cause of global warming
The government aims production of 5 million tonnes of green hydrogen by 2030 and the related development of renewable energy capacity under the National Hydrogen Mission
'India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario'
Investment in clean energy has only accelerated in the years since Covid-19 struck. In the second half of the last decade, it grew at a 2% annual rate