emissions

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Seek Deferment of CBAM by Three Years, Parliamentary Panel Tells Government

A parliamentary committee has asked the government to seek postponement of the application of the European Union’s Carbon Border Adjustment Mechanism (CBAM) to the Micro,...

February 16, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Deendayal Port Gets 13 Expressions of Interest to Develop Green Hydrogen Hub

The Deendayal Port Authority in Kandla, Gujarat, has received 13 expressions of interest (EoI) to a global call for applications to develop a green hydrogen hub at the...

November 24, 2023

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Staff

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Other

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Renewable Energy
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India’s Power Demand to Rise Sharply to Over 256 GW in FY 2024-25

The Central Electricity Authority (CEA) has forecast an all-India peak power demand of 256.53 GW in financial year (FY) 2024-25, rising sharply from FY 2023-24. Power...

September 25, 2023

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B.S. Nagaraj

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Demand Response

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Grid
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Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis

Putting the spotlight on the role of fossil fuel subsidies in exacerbating the climate crisis, a damning analysis by the International Monetary Fund (IMF) has said total...

September 7, 2023

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B.S. Nagaraj

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Markets & Policy

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Other
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ReNew, Gentari Enter JV to Develop 5 GW of Renewable Assets in India

Independent renewable power producer ReNew signed a 50:50 joint venture agreement with clean energy solutions provider Gentari to develop solar, wind, and energy storage...

July 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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European Union’s CBAM to Consider Indirect Greenhouse Gas Emissions in Future

The European Union has proposed that the Carbon Border Adjustment Mechanism (CBAM) should in the future apply to indirect emissions of greenhouse gases arising from the...

May 24, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Government to Develop Framework for Trading in Carbon Credit Certificates

The Union government plans to develop the Indian carbon market with a national framework to decarbonize the country’s economy through the trading of carbon credit...

May 12, 2023

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Gourav Mishra

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Other

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Renewable Energy
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New $1.1 Billion Facility in Europe to Produce Sustainable Aviation Fuels

Cepsa and Bio-Oils, a Spain-based biofuels subsidiary of Apical, have partnered to boost the production of second-generation biofuels by procuring most of its feedstock...

April 18, 2023

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Gautamee Hazarika

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Biofuel

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Finance and M&A

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Other
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Global Energy Decarbonization Needs $1 Trillion Additional Investment Every Year

Decarbonizing the global energy system will need over $1 trillion more every year, over and above the current level of capital financing, said UK-based asset manager,...

March 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Shipping Ministry to Develop Three Indian Ports as Hydrogen Hubs

Two ports on India’s east coast and one port on the west coast will be developed by the Ministry of Ports, Shipping, and Waterways (MoPSW) as hydrogen hubs under the...

February 22, 2023

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Gourav Mishra

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Other

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Renewable Energy
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MIT Researchers Find Way to Remove Carbon Dioxide from Seawater

Researchers from the Massachusetts Institute of Technology (MIT) said they have discovered the key to removing carbon dioxide directly from ocean water, which absorbs...

February 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Technology
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UK Proposes Hydrogen-Ready Domestic Boilers from 2026 to Cut Emissions

The United Kingdom government has proposed to phase out the installation of natural gas-only boilers from 2035 to ensure that almost all domestic heating systems in use...

December 19, 2022

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Arjun Joshi

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Other

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Renewable Energy
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US Loans $2.5 Billion to Ultium Cells for Lithium-ion Battery Manufacturing

The U.S. Department of Energy (DOE) announced the closing of a $2.5 billion loan to Ultium Cells, a joint venture between General Motors (GM) and LG Energy Solutions, to...

December 16, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA

The sales of heat pumps are expected to soar to record levels this decade as countries look to shift away from fossil fuel dependence for heating requirements, primarily...

December 7, 2022

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Gourav Mishra

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Other

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Renewable Energy

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