Page 5 - Clean Energy

High costs, boiloff issues challenge India's LNG trucking expansion

It has been 17 months since Indian Oil's Sriperumbudur outlet began operations but it receives no more than five to 20 trucks a day, for sales of around 80 tonnes of LNG a month

Circular economy may create over 10 mn jobs by 2050: Amitabh Kant

India's circular economy could generate a market value of over USD 2 trillion and create 10 million jobs by 2050, the country's G20 Sherpa Amitabh Kant said Monday. Addressing an event here, Kant further said the circular economy can be a driver of growth, and this transition not only promises cost savings but also positions India to capitalise on the global circular economy market. "This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over USD 2 trillion and create close to 10 million jobs," he said. Currently, the size of the Indian economy is USD 3.7 trillion. Noting that industrialisation and urbanisation are creating an unsustainable India, Kant said, "We need circular economy as a beacon of hope". The country's natural resources are depleted at an unsustainable pace, generating massive amounts of waste. While pointing out that India is generating about close to 1.6 lakh tonnes of municipal solid waste per day, he said this .

Hybrid tenders: A catalyst for achieving India's clean energy goals

Hybrid tenders, combining traditional and renewable energy sources, are crucial for shaping a country's energy future

Govt announces ALMM for PV cells to push India's green energy transition

The government on Tuesday announced an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India's transition towards green energy. The government is aiming to make the second list (List II) under the ALMM for solar PV cells effective June 1, 2026, the Ministry of New and Renewable Energy (MNRE) said in a statement. From June 2026, all solar PV modules used in projects including government-backed schemes, net-metering projects, and open-access renewable energy initiatives will be required to source their solar cells from ALMM List-II, ensuring quality and reliability in solar PV cells used in India's energy infrastructure, the MNRE said in a statement. "MNRE announces a significant amendment to the ALMM Order, 2019, which will have far-reaching implications for India's solar power sector and its clean energy transition," the statement said. An exemption will apply for projects that have already been either awarded or ...

India's transport future balances fossil fuels and clean technology

The study says that natural gas will dominate fossil fuel demand, gradually replacing petroleum products

Govt to come out with legal framework to ensure data privacy: Piyush Goyal

India will come out with a legal framework to ensure data privacy that will encourage free data flow among trusted partners, Commerce and Industry Minister Piyush Goyal on Thursday said, as he sought investment in technology and innovation. Speaking at the UK India Business Council's 'UK-India Technology Futures Conference', the minister said India and the UK can collaborate on technology in the fields of AI education, telemedicine, climate modelling, precision agriculture and organic chemical, electronic and food industries. Goyal pointed out that it will be important to understand how in the future the digital world and sustainability issues will intersect. A major portion of energy will be consumed by systems that will churn out data and that will have an impact on sustainability issues, he said, adding that there are very few places in the world where there is an interconnected grid in the way that India has. The minister said that by 2030, India would have a thousand-gigawatt

Rajasthan govt to soon come out with Clean Energy Policy 2024: CM Sharma

Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the state government will soon come out with the Clean Energy Policy 2024, which will focus on non-renewable sources. "The policy will provide a series of new incentives in the energy sector including for newer segments of renewable energy such as pump storage, green hydrogen, battery storage, bioenergy among others," he said addressing a pre-summit of the Rising Rajasthan global investment meet. Sharma said that the goal would be to make Rajasthan self-reliant in the field of energy and meet the power demand of other states. In the pre-summit, MoUs for investment worth Rs 6.57 lakh crore were exchanged with investors from the energy sector. The MoUs signed on Wednesday have proposed to set up projects across various segments of the renewable energy and power generation sector, including solar, wind, green hydrogen, hybrid, pump storage, battery storage and green ammonia projects. Sharma said that the on-ground implementa

Ukraine builds clean energy making it harder for Russia to destroy

Maxim Timchenko, CEO of DTEK, the largest private energy company in Ukraine, pulls out a piece of paper with bar charts showing how much new electricity his company has brought online this year in the country versus how much Russian bombs have destroyed. Total electricity goes up, then down, then up, then down capturing the company's constant rebuilding each time Russian missile attacks take out a facility, which include wind and solar farms and thermal (coal or gas-fired) generating stations. The Russian strikes are part of a campaign to target energy infrastructure to reduce power in Ukraine as winter looms. What other choice do we have? said Timchenko during an interview on the sidelines of this year's UN climate talks, taking place in Azerbaijan. Sit and wait and pray that they don't hit us, or do our job and bring lights back to our people? The nearly three-year-long Russia-Ukraine war, which has left large swaths of Ukraine destroyed, has accelerated a transition to clean ..

Skills shortage hampers India's clean energy goals and manufacturing plans

Modi's government has imposed 40 per cent tariffs on Chinese solar panels and 25 per cent on cells, allocating about $3 billion in production-linked incentives for local manufacturers as part

Tata Power inks deal with Bhutan's firm for 5,000 MW clean energy projects

Tata Power on Tuesday said it has entered into a strategic partnership with Bhutan's Druk Green Power Corporation Ltd (DGPC) for the development of 5,000 MW of clean energy capacity in the Himalayan nation. DGPC, is a subsidiary of Druk Holding and Investments Ltd, the sole generation utility of Bhutan. The collaboration marks the largest partnership between two of the leading power companies of the two nations in Asia's clean energy sector, Tata Power said in a statement. Through the collaboration, at least 5,000 MW of renewable energy projects; including 4,500 MW of hydropower comprising the 1,125 MW Dorjilung HEP (hydro-electric project); 740 MW Gongri Reservoir; 1,800 MW Jeri Pumped Storage; and 364 MW Chamkharchhu IV will be developed in phases, the statement said. Another 500 MW of solar projects will be developed by Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power. "Tata Power's partnership with Druk Green Power Corporation reinforces our credentials as t

Biden pledges $50 mn to Amazon Fund, vows irreversible US energy progress

Joe Biden witnessed the devastation of drought up close as the first sitting American president to visit the Amazon rainforest on Sunday, declaring that nobody can reverse "the clean energy revolution that's underway in America" even as the incoming Trump administration is poised to scale back efforts to combat climate change. The massive Amazon region, which is about the size of Australia, stores huge amounts of the world's carbon dioxide, a greenhouse gas driving climate change. But development is rapidly depleting the world's largest tropical rainforest, and rivers are drying up. Biden said the fight against climate change has been a defining cause of his presidency -- he's pushed for cleaner air, water and energy, including legislation that marked the most substantial federal investment in history to fight global warming. But he's about to hand the nation over to Republican President-elect Donald Trump, who is highly unlikely to prioritise the Amazon or anything related to clima

Clean energy job growth outpaces fossil fuel sector in India: Report

Energy jobs in India accounted for 1.5% of total employment in India at 8.5 million in 2023

Govt mulling task force to push for 500 GW renewable energy capacity target

Union Minister Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India's ambitious target of having 500 GW renewable energy capacity by 2030. The minister for new and renewable energy has also urged industry players and stakeholders to devise strategies which would help the country meet the target in a time-bound manner. Speaking at an event in Bhubaneswar, the minister proposed the formation of a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders towards meeting the 500 GW target, the ministry for new and renewable energy (MNRE) said in a statement on Thursday. India has already achieved 212 GW of energy from non-fossil fuel sources and is on track to exceed the 2030 target, he said. The minister stressed the importance of concerted, collaborative efforts among all stakeholders to overcome challenges and expedite progress in the renewable energy sector. Joshi furthe

No reason to scale back our domestic targets, says CEEW's Arunabha Ghosh

Expectations from this year's COP are clear on issues, whether we have a ministerial presence or not, Arunabha Ghosh, CEO of Council for Energy Environment and Water, said in his interview

Ecozen plans to raise $75 mn to fuel growth, increase market presence

Solar solutions provider Ecozen is planning to raise USD 75 million (about Rs 620 crore) to fuel its expansion plan in the domestic and international markets, a company official said. Pune-based Ecozen provides cold storage solutions using clean energy. "We are considering raising a private investment of around USD 75 million to fuel growth, partnerships, and customer financing," Ecozen CEO Devendra Gupta said. The amount raised will be used to expand the company's production facility, enhance product lines, and increase market presence in India and abroad, he said. Gupta said Ecozen has a production facility of 1 lakh sq ft and the company is exploring to diversify into new product ranges across different sectors. "In retail, we've launched advanced freezer solutions, and in the mobility sector, we are leveraging our expertise in motor controllers and battery analytics tools to enhance electric vehicle efficiency and support fleet management. We are also exploring retrofitting ..

Cairn Oil & Gas India's first firm to join UN's methane cut initiative

The Oil & Gas Methane Partnership (OGMP) 2.0 supports 30% reduction in methane emissions by 2030

India to enhance power demand forecasting for improved grid stability

Changing power usage patterns, rising use of intermittent solar and wind energy and increasingly frequent extreme weather events have complicated demand forecasting, requiring systemic reforms

Tata Steel UK inks contract for electric furnace in green steelmaking drive

Tata Steel said it has signed a contract with an Italy-headquartered metals technology multinational to deliver a state-of-the-art electric arc furnace (EAF) as part of its green steelmaking drive in the UK. The Indian steel major's pact last week with Tenova for its Port Talbot site in Wales, the UK's largest steelworks, has been described as a significant milestone on the road to reducing carbon emissions by 90 per cent a year once it is commissioned from the end of 2027. Under the agreement, Tenova is to supply an EAF with an annual capacity of 3 million tonnes of steel similar to the output of the site's blast furnaces decommissioned recently by melting scrap steel sourced from the UK. "This partnership follows in the footsteps of an improved deal between the government and Tata Steel, and is further proof of our commitment to a bright future for UK steelmaking," said UK Business and Trade Secretary Jonathan Reynolds. "Technology like the furnaces made by Tenova is critical t

Tata Power firm launches programme to promote solar power in Tamil Nadu

Initiative provides subsidies to households to adopt green energy, says company

L&T partners with US firm to provide clean energy solutions globally

Larsen & Toubro (L&T) on Friday said it has entered into a pact with US-based Clean Core Thorium Energy (CCTE) for providing efficient solutions in clean energy globally. The partnership aims to accelerate nuclear power deployment globally, particularly in developing countries which require large amount of carbon-free electricity for their growth. "Larsen & Toubro...announced the signing of a Memorandum of Understanding (MoU) to collaborate on providing efficient solutions globally in clean energy through CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel," the company said in a filing to BSE. ANEEL is a nuclear fuel that combines thorium and high assay low-enriched uranium. It's designed to be used in pressurized heavy water reactors, such as CANDU (Canadian deuterium-uranium) reactors. This fuel is expected to significantly reduce life-cycle operating costs and the waste produced (by over 85 per cent while improving safety due to its Accident Tolerant