Investment will need to more than double for India to reach 2030 renewables target Investment in renewable energy in India reached a record US$14.5 billion in the last financial year (FY2021-22), an increase of 125% compared to FY2020-21 and 72% over pre-pandemic FY2019-20, finds a new report by the Institute for Energy Economics and Financial […]
Indian American Arpita Bhattacharyya Named For US Department of Energy Role
It was announced by the Biden-Harris administration earlier this week, to help advance President Joe Biden’s ambitious ‘build back better’ agenda to combat climate change, create good-paying jobs, and win the clean energy future for all Americans. Indian American Arpita Bhattacharyya, was among a group of new additional appointees at the US department of energy. […]
Indian Billionaires Face Off in Race to Solar Domination
India’s two richest men are vying to be at the forefront of Prime Minister Narendra Modi’s ambition to ramp up green energy capacity in the world’s second-most populous country more than four-fold to 450 gigawatts (GW) by 2030. Indian tycoon Mukesh Ambani’s $10 billion entry into renewable energy could drive solar tariffs further to the […]
Indian Billionaires Mukesh Ambani And Gautam Adani Face Off in Race to Solar Domination
Ambani, 64, built up his family-owned petrochemicals and textiles business into a sprawling empire including telecoms and retail. Adani, 59, is a self-made billionaire who has focused on electricity generation, transmission and distribution and the operation of ports and airports. Indian billionaires Mukesh Ambani and Gautam Adani face off in race to solar dominationIndian tycoon […]
Bright Future Of Hydrogen Fuel Cells In India
Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […]
India A “Red-Hot Investment Opportunity” For Its Clean Energy Shift: US
Kerry, the Special Presidential Envoy for Climate, said he intends to work “very, very closely with” with Indian leadership including Prime Minister Modi and External Minister S Jaishankar Washington: India is actually a red-hot investment opportunity for its clean energy transition, top US official John Kerry said on Thursday as he praised Prime Minister Narendra […]
JA Solar Supplied 88MW Modules for Indian Solar Plant Developed by Juniper
BEIJING: JA Solar recently announced its supply of 88MW modules to Gujarat Urja Vikas Nigam Limited GUVNL project developed by Juniper, one of the largest PV project developers in the local market, which opens a new chapter for the two companies on cooperationLed by a team with significant experience in conceptualizing, building and developing renewable […]
Pandemic casts shadow on off-grid solar sales in poorer nations
By Megan Rowling BARCELONA: As the coronavirus pandemic hit trade and incomes hard in developing nations, sales of off-grid solar products fell sharply in the first half of the year, even as many poorer households relied on them during lockdowns. Data compiled by GOGLA, the association for the off-grid solar energy industry, found global sales […]
Total CEO reviews projects with Gautam Adani
French supermajor Total S A CEO Patrick Pouyanne made a day-long visit to India to review the gas and renewable energy projects his firm has with Adani Group. Total has joint ventures with Adani Group firms for city gas distribution, LNG import terminal, and renewable energy projects. In February this year, Total and Adani Green […]
Moody’s outlook negative for Indian power sector
Maintaining liquidity buffers will be key for companies’ credit profiles. New Delhi: Moody’s Investors Service has changed its outlook for the Indian power sector to negative from stable on declining power demand, payment delays and an adverse impact from government measures that favor consumers over utility companies. The report dated May 15, however, is silent […]