Renewable

NEW DELHI: India will offer 37.6 billion rupees ($455.2 million) in incentives to companies setting up battery storage projects totaling 4,000 megawatt hours (MWh) under a scheme announced earlier this year, two government sources said. The scheme, details of which were not previously known, is intended to boost battery storage …

New Delhi: The world is not on track to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030, according to a latest report released today by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division, the World Bank, and WHO. The …

New Delhi: Adani Group on Tuesday said pre-tax earnings or EBITDA of the listed companies, spanning ports to commodities, grew 36 per cent to Rs 57,219 crore in the fiscal ended March 31 (FY23), and there is no material refinancing risk and near-term liquidity requirement. The group — which has …

TOKYO: Japan’s government on Tuesday adopted a revision to the country’s plans to use more hydrogen as fuel as part of the effort to reduce carbon emissions. The plan sets an ambitious target to increase the annual supply by six times from the current level to 12 million tons by …

New Delhi: Realty firm Gaurs Group has set up a 15 MW solar power plant near Gwalior in Madhya Pradesh with an investment of Rs 80 crore. The electricity produced by the plant will be integrated into the central grid and utilised for its real estate projects, the company said …

New Delhi: Suzlon Group, a Pune-based renewable energy company, on Monday said it has crossed the 20-gigawatt (GW) wind energy installations milestone through 12,647 wind turbines installed across 17 countries. The company, in its official press release, has dedicated the milestone to their late Founder and Chairman, Tulsi Tanti. “With …

A British rock band Coldplay’s tour is one of the most eco-friendly of all time courtesy of renewable energy use, the band said. Chris Martin ‘s group are currently playing a four-night residency at Manchester City’s Etihad Stadium, reports a media. And since they started their Music Of The Spheres …

New Delhi: The power transmission and distribution business of Larsen & Toubro (L&T) has achieved important milestones for the power elements and grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company, it said an official press release on Thursday. Located at Oxagon in …

BERLIN: The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power, according to a new report Thursday. The International Energy Agency said high fossil fuel prices …

As per the Climate Transparency Report, in G20 countries, that account for 85% of global GDP and 75% of international trade, carbon intensity has not sufficiently declined. Even though energy intensity has reduced, the pace of decarbonization remains slower than expected. In 2021, the power sector contributed to 40% of …