Page 58 - Renewable Energy
Significance of China's net-zero target
Its carbon pledge is a massive financial and technological undertaking. India must prepare for energy transition too
 "Significance of China's net-zero target")
France's Total aims to grow renewable energy in India to 6GW by 2025: CEO
CEO Patrick Pouyanne said on Monday that France's Total wants to expand rnewable energy portfolio in India
 "France's Total aims to grow renewable energy in India to 6GW by 2025: CEO")
Reliance says India will fully shift to renewable energy in few decades
Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035
 "Reliance says India will fully shift to renewable energy in few decades")
Inox Wind bags 40 MW orders from retail customers across various industries
The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka
 "Inox Wind bags 40 MW orders from retail customers across various industries")
CLP Wind Farms raises Rs 300 cr through non-convertible debentures
The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses
 "CLP Wind Farms raises Rs 300 cr through non-convertible debentures")
Share of renewable energy rises to 26% in Apr-Aug this year: Official
The share of renewable energy in the country's power mix has increased from 23% to 26% in April-August period this fiscal
Corporate green power clicks in Asia
Activity now seems to be picking up pace in the Asia-Pacific region, which accounted for 18 per cent of the corporate power purchase agreements totaling 11.2 gigawatts (Gw) signed so far this year
 "Corporate green power clicks in Asia")
World Solar Bank aims to infuse $10 bn in solar projects across ISA members
With high priority accorded to Make in India, the government shall soon launch incentive schemes to invite global companies to set up mega manufacturing plants
 "World Solar Bank aims to infuse $10 bn in solar projects across ISA members")
Renewable sector in India attracts $10-20 bn of investment: IEEFA
Policy-related headwinds and a collapse in electricity demand due to the Covid-19 crisis have disrupted India's renewable energy capacity tendering and commissioning process
The future of energy
Book review of THE NEW MAP: Energy, Climate, and the Clash of Nations
 "The future of energy")
Net carbon zero economy possible by 2050 at low cost, says ETC report
The report said the impact of achieving a zero-carbon-emission economy on human welfare in 2050 will be hugely positive
 "Net carbon zero economy possible by 2050 at low cost, says ETC report")
Renewable, T&D assets dominate PFC & REC loan books as thermal loses steam
Stress in conventional power generation space and no new private investment in the sector see the two lenders gradually shift to newer areas
 "Renewable, T&D assets dominate PFC & REC loan books as thermal loses steam")
Adani Green to tie up with 10 foreign banks for $1.8 billion funding
Funds to be raised as revolving construction finance for upcoming 12 Gw renewable projects
 "Adani Green to tie up with 10 foreign banks for $1.8 billion funding")
Japan's ORIX Corp to pick minority stake in Greenko Energy for Rs 7,000 cr
"The transaction will further drive capacity, revenue, EBITDA and overall earnings growth for Greenko and our stakeholders," Greenko MD said
 "Japan's ORIX Corp to pick minority stake in Greenko Energy for Rs 7,000 cr")
BP spending $1.1 billion to enter offshore wind market with Equinor
The British oil and gas company has set itself a target of increasing its renewable power generation capacity 20 fold over the coming decade to 50 gigawatts (GW)..
 "BP spending $1.1 billion to enter offshore wind market with Equinor")
India to have 220 GW renewable energy capacity by 2022, says PM Modi
PM Modi exuded confidence that India will increase its existing clean energy capacity of 134 GW to 220 GW by 2022 and stressed on reducing tariffs further through technological advancements
 "India to have 220 GW renewable energy capacity by 2022, says PM Modi")
Doubling priority lending for renewables to help only small installations
Industry players say cap is inadequate to meet funding requirements of planned mega projects
 "Doubling priority lending for renewables to help only small installations")
Solar on every farm: Will this help state utilities bridge the revenue gap?
Most farmers in India get subsidised power, which is priced at a fraction of the cost of supply
 "Solar on every farm: Will this help state utilities bridge the revenue gap?")
GAIL eyess at petrochem, renewables to supplement core
Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid
 "GAIL eyess at petrochem, renewables to supplement core")
Railways meets solar power developers for zero carbon emission goal
The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030