Page 29 - Green Energy
Urgent action needed for clean energy for all by 2030: UN member states
Over 20 ministerial-level "Global Champions" from the UN member states have issued messages, calling for urgent action to achieve affordable, clean energy for all by 2030
 "Urgent action needed for clean energy for all by 2030: UN member states")
Aid agencies to achieve 175 GW renewable energy by 2022: Parliament
A parliamentary panel has asked the MNRE to monitor working of the implementing agencies on a real-time basis and aid them help achieve a target of having 175 GW of renewable energy capacity by 2022.
 "Aid agencies to achieve 175 GW renewable energy by 2022: Parliament")
Dealing a blow: Green policy flip-flops spook foreign investment firms
Centre calls a meeting between states, PEs, funds
 "Dealing a blow: Green policy flip-flops spook foreign investment firms")
Ashok Leyland ups sourcing of clean energy, to cut carbon footprint by 60%
Hinduja Renewables, part of the Hinduja Group, has built a solar plant for Ashok Leyland
 "Ashok Leyland ups sourcing of clean energy, to cut carbon footprint by 60%")
Interview with Vipul Tuli on India's energy sector and the challenges ahead
The company has shifted its focus towards green energy and recently commissioned 800 megawatt of wind power projects
 "Interview with Vipul Tuli on India's energy sector and the challenges ahead")
Explore green hydrogen potential to boost Ladakh's economy: LG R K Mathur
Ladakh Lieutenant Governor R K Mathur stressed on exploring the possibility of using 'green hydrogen' for transport, heating and lighting purposes in the Union territory
 "Explore green hydrogen potential to boost Ladakh's economy: LG R K Mathur")
Nestle to recycle 100% packaging by 2025 to reduce carbon footprint
Globally, firm aims to become net zero by 2050 via reduced use of water at farms, sustainable packaging and use of green energy at all its 800 plants and warehouses
 "Nestle to recycle 100% packaging by 2025 to reduce carbon footprint")
The 'stunner' from India
India's rooftop solar installations are a little over 10% of the 40-Gw target set for 2022
 "The 'stunner' from India")
Green energy to offer $20-bn annual business potential for 10 years: PM
India has the fourth-largest renewable energy capacity, at 136 Gw, which is estimated to rise to 220 Gw by 2022
 "Green energy to offer $20-bn annual business potential for 10 years: PM")
At Rs 3.13 a unit, Delhi's Lady Irwin College will generate 80% own power
Set up by Oakridge, the plant save up to Rs 3.81 crore in bills over the life of the project
 "At Rs 3.13 a unit, Delhi's Lady Irwin College will generate 80% own power")
Green energy set for higher share in NTPC basket over next decade
Over the next decade, NTPC's energy basket will see thermal portfolio fall to 70 per cent from 90 per cent and that of renewable sources increase to 25 per cent from miniscule 1.7 per cent right now
 "Green energy set for higher share in NTPC basket over next decade")
Power equipment companies changing tack in push for green energy
The second of a two-part series talks about how stiff competition in thermal projects is forcing manufacturers to focus on renewable sector
 "Power equipment companies changing tack in push for green energy")
Tata Power to raise green energy portfolio to 50% with focus on renewables
Tata Power currently has a consumer base of 2.5 million and it aims to quadruple it to 10 million over the next five years
 "Tata Power to raise green energy portfolio to 50% with focus on renewables")
ReNew Power to raise Rs 1,000 cr equivalent in part-guaranteed forex bonds
Will be the first such issuance in over a year, signalling that high-yield markets overseas are opening up, but remain circumspect on likely impact on debt serviceability after Covid outbreak
 "ReNew Power to raise Rs 1,000 cr equivalent in part-guaranteed forex bonds")
BP invests $70 mn in NIIF's Green Growth Equity Fund, becomes a partner
Investment will help GGEF rapidly scale up commercially viable no-carbon and low carbon solutions and help India achieve its climate goals
 "BP invests $70 mn in NIIF's Green Growth Equity Fund, becomes a partner")
Green dreams and harsh realities: Plenty of renewables, little transmission
The Centre has also decided to set up mega-sized solar parks which will have their own transmission systems
 "Green dreams and harsh realities: Plenty of renewables, little transmission")
India set to cross 100-GW renewable energy capacity mark in 2020
India's installed renewable energy generation capacity touched around 86 Gw by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others
Coal-based power's market share at decade low, green energy nearly doubles
In terms of net new capacity installs to date in 2019-20, 5.7 Gw or two-thirds have been contributed by renewables whereas thermal power witnessed a net addition of 3.1 Gw
 "Coal-based power's market share at decade low, green energy nearly doubles")
Govt asks state-run firms to pay $1 bn dues to green power discoms: Report
Commercial banks are unwilling to lend to these firms because of their high outstanding debt
 "Govt asks state-run firms to pay $1 bn dues to green power discoms: Report")
Firms are buying more green power
Globally, power purchase agreements for renewable energy signed by corporations have already crossed the 15 gigawatts mark this year