Page 8 - Clean Energy

The buzz in clean energy

Renewable energy is experiencing a global surge, and India is among the five nations at the forefront of this change

NIIT Learning completes investment in EIT InnoEnergy for clean energy

InnoEnergy currently has a portfolio of 200 companies, three of which are unicorns, on track to generate $118 billion in revenue and save a total of 2.1G tonnes of CO2e by 2030

Blackstone raises record $7 bn to finance clean energy push: Report

The Blackstone Green Private Credit Fund III surpassed its $6 billion goal

Achieved target of producing energy via non-fossil fuel sources: Singh

Union minister R K Singh on Friday said that India has achieved its target of producing 43.6 per cent of its total energy through non-fossil fuel sources nine years ahead of the schedule. The Minister of Power and New and Renewable Energy was addressing the opening session of the G20 14th Clean Energy Ministerial meeting and 8th Mission Innovation meeting in Goa. "India has already achieved the target of producing 43.6 per cent of its total energy through non-fossil fuel sources. The country has achieved nine years ahead of its schedule of 2030," he said. India's installed electricity capacity through non-fossil fuel sources is 183 gigawatts (GW), out of the total capacity of 421 GW. "We have 88 GW under installation and 55 GW tendered out. If you take the capacity which is installed and under installation, that comes to about 270 GW, which is well above 50 per cent of our service capacity," he said. Singh said that India will add 50 GW every year. The minister said that the wor

Gautam Adani meets Sri Lankan President, proposes green hydrogen project

Billionaire Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka, where his conglomerate is already developing a container terminal and a 500 MW wind project. Adani met visiting Sri Lankan President Ranil Wickremesinghe to discuss ongoing projects and the new venture. "Great Honour to have met H.E. President Ranil Wickremesinghe to discuss a fascinating set of projects in Sri Lanka including continued development of Colombo Port West Container Terminal, 500 MW wind project, and extending our renewal energy expertise to produce green Hydrogen," he tweeted. The Adani Ports and Special Economic Zone (APSEZ) is developing a USD 700 million container terminal at Colombo Port, which is a major transshipment hub in South Asia. The Adani group is also developing the Vizhinjam seaport project in Kerala, just 176 nautical miles from the Colombo port. The conglomerate's renewable energy firm, Adani Green Energy, is setting up two wind projects of 286 MW in Mannar and

G20 Energy Transitions Working Group's fourth meeting begins in Goa

Nearly 100 delegates from G20 member countries, special invitees and several international organisations are participating in the fourth Energy Transitions Working Group (ETWG) meeting which began in Goa on Wednesday. There are six priority areas outlined under India's G20 Presidency, reflecting India's focus on various aspects of energy transition and building global cooperation toward sustainable and clean energy development, an official said. The two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa's capital Panaji. Ministry of New and Renewable Energy secretary Bhupinder Singh Bhalla, Ministry of Mines secretary Vivek Bharadwaj, Ministry of Coal secretary Amrit Lal Meena are also participating in the deliberations, the official said. The priority areas for discussions include energy transitions through addressing technology gaps, low-cost financing for energy transitions, energy security and .

G20 Energy Transitions Working Group meet to begin in Goa on Wednesday

Over 100 delegates from G20 countries will participate in the two-day Energy Transitions Working Group (ETWG) meeting beginning on Wednesday in Goa to deliberate on building global cooperation toward sustainable and clean energy development. The 4th ETWG meeting under India's G20 presidency will be chaired by Union Power Secretary Pawan Agarwal, a power ministry statement said. Union New & Renewable Energy Secretary Bhupinder Singh Bhalla, Union Mines Secretary Vivek Bharadwaj and Union Coal Secretary Amrit Lal Meena, will also be part of the meeting. There are six priority areas outlined under India's G20 presidency. These are -- energy transitions through addressing technology gaps; low-cost financing for energy transitions; energy security and diversified supply chains; energy efficiency, industrial low carbon transitions, and responsible consumption; fuels for Future (3F); and universal access to clean energy and just, affordable, and inclusive energy transition pathways. The

'Integrating renewable energy in power system crucial to meet climate goal'

Integrating more renewable energy in the power system is crucial for India to meet climate goals, the Institute for Energy Economics and Financial Analysis (IEEFA) said. In its latest report, IEEFA has also suggested various measures to ramp up the share of clean energy in the country's power system. To cut emissions, India needs to increase renewable energy integration/absorption, the report said. "While India has been adding renewable energy capacity at a fast pace to meet its emissions intensity reduction target for 2030, the country needs to ramp up the share of clean energy in its power system. Integrating more renewable energy in the power system is crucial for India to meet climate goals," it noted. For India to meet growing electricity demand while addressing climate concerns, increased integration of clean energy, including variable renewable energy, is essential, IEEFA Energy Analyst and the report's author Charith Konda said. While raising non-fossil fuel power installe

Tracking the sun with automation for efficiency in solar power production

Smart sensors, automated weather stations, machine learning algorithms comprise a market worth $10 bn

Green hydrogen to be future fuel: R K Singh urges industry participation

Green hydrogen is going to be the future fuel in India, Union Minister R K Singh said while urging investors to invest in the country to manufacture the clean energy source. The minister for power, new and renewable energy made the remarks at the first International Conference on Green Hydrogen 2023. "We will help you in developing (green hydrogen) projects. We will also help you with demand as well. Come and partner with us," he said addressing the conference attended by over 2,500 participants. The investors can partner for development of electrolysers, mechanism for transportation of green hydrogen, usage of green hydrogen in manufacturing for green steel and cement etc, he said adding India is the biggest market in the world. Like the field of renewable energy, India shall emerge as a leader in green hydrogen also, Singh said. There are industries which have started working to set up 3.5 MT capacity of green hydrogen. They are engaged with various states for acquisition of lan

India's transition to less polluting fuels faster than in other countries

The government reportedly is moving to encourage electricity grid battery production in India, which can make renewable energy supply a more stable source of power

Centre to come up with list of critical minerals, draft policy this week

The critical minerals list is likely to have more than 40 minerals

Indian Railways, USAID collaborate on clean and efficient energy solutions

The partnership aims to reduce the carbon footprint of Indian Railways and work towards achieving the goal of net zero carbon emission by 2030

Clean energy provider CEF Group to process 70,000 tonnes of Dal lake waste

Clean energy provider CEF Group on Monday said it will start the conversion of 70,000 tonnes of Jammu & Kashmir's Dal Lake waste, like weeds and lilies, into organic manure and allied products. The conversion process will kick-start in August 2023 at the waste processing plant of CEF Group, where Dal Lake waste will be treated and processed in the CEF plant, being set up in Srinagar to produce more than 20 thousand tonnes of organic manure, a company statement said. Maninder Singh Nayyar, founder & CEO of CEF Group, said, "Every year, thousands of tonnes of waste is generated from the Dal Lake, which poses problems for local people in the area and adds pollutants to the environment. We are aiming to resolve this problem at the root level". We have the technology, expertise and experience of converting this extracted waste into 24,000 tonnes of organic manure annually, he said. It will help farmers to adopt organic farming and serve waste management purposes for people involved

Green energy to agri, winners of Startup India to get 'handholding support'

As a part of the handholding exercise, multiple virtual and physical sessions, delegations, showcases, and programs of specialised support will be organised

Brookfield acquires controlling stake in CleanMax Solar for $360 million

Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million

Storing hydrogen in coal may help power clean energy economy: Research

Coal may provide a potential new way to store hydrogen gas, much like batteries store energy for future use, addressing a major hurdle in developing a clean energy supply chain, according to a study. Hydrogen is a clean burning fuel and shows promise for use in the most energy intensive sectors of the economytransportation, electricity generation and manufacturing, the researchers said. However, much work remains to build a hydrogen infrastructure and make it an affordable and reliable energy source, they said. This includes developing a way to store hydrogen, which is currently expensive and inefficient. "We found that coal can be this geological hydrogen battery," said Shimin Liu, associate professor of energy and mineral engineering at Penn State, US. "You could inject and store the hydrogen energy and have it there when you need to use it," Liu said. Geologic formations are an intriguing option, the scientists said, because they can store large amounts of hydrogen to meet the

Goa to host Clean Energy Ministerial, Mission Innovation meetings in July

The 14th Clean Energy Ministerial (CEM14) and 8th Mission Innovation (MI8) meetings will be held in Goa in July this year, officials said. These meetings will be conducted between July 19 and 22, they said. The theme of these meetings is 'Advancing Clean Energy Together', the Press Information Bureau (PIB) said in a release. Scheduled on the margins of the G20 Energy Transitions Ministerial Meeting, these meetings will bring together governments, international organisations, private sector, academia, innovators, civil society, early career researchers and policy-makers featuring high-level ministerial dialogues, global initiative launches, award announcements, minister-CEO roundtables and a wide array of side-events cutting across diverse themes of clean energy transition, it said. The ministerial plenaries are scheduled to be held on July 21, while back-to-back G20 Energy Transition Ministerial Meeting will be held on July 22. The high-level roundtables, side-events and technolog

14th Clean Energy Ministerial to be held in Goa in July: Power Minister

The 14th Clean Energy Ministerial will be organised in Goa in July to accelerate the development and usage of green energy, Power Minister R K Singh said on Thursday. Clean Energy Ministerial (CEM) was established in 2009 as a high-level global forum to promote the advancement of clean energy. India is one of the founding members of CEM. The coordination support for the CEM is provided by a multi-lateral CEM Secretariat based in Paris, France. Singh, who is also the minister for new and renewable energy, made the remarks at logo launch event of the 14th Clean Energy Ministerial in the national capital. "The Clean Energy Ministerial forum provides an opportunity to the country to convene the global clean energy community and engage on a diverse set of events and bring across the wide spectrum of clean energy innovation to deployment," the minister said. India is the host of the '14th Clean Energy Ministerial (CEM14)' and '8th Mission Innovation (MI8)' meetings for 2023 events to be

Investments in green energy now 70% higher than in fossil fuels: IEA

The Paris-based agency said that the war in Ukraine has accelerated momentum behind the deployment of clean energy technologies