fossil-fuels

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COP28 Settles for Milder ‘Transitioning Away’ Versus ‘Phase-out’ of Fossil Fuels

World leaders settled for a weaker text that spoke of ‘transitioning away’ from fossil fuels instead of a more definitive ‘phase-out’ at the COP28 climate summit in...

December 19, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Global Solar Module Manufacturing Capacity to Exceed 1,200 GW by 2030: IEA

According to the latest International Energy Agency’s (IEA) World Energy Outlook, manufacturing capacity for solar modules is rapidly growing and has the potential...

November 7, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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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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India’s Energy Sector Presents Lucrative Investment Opportunity: R K Singh

Union Minister for Power and New and Renewable Energy R. K. Singh has assured the investor community that India’s power sector is sounder than ever and exhorted...

May 29, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Clean Energy Technologies to Attract $1.7 Trillion of Global Investments in 2023

Global investment in energy is expected to reach $2.8 trillion in 2023, of which more than $1.7 trillion is likely to go to clean technologies, including renewables,...

May 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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States’ Role in Facilitating Renewable Energy Installations Critical: MNRE

The Ministry of New and Renewable Energy (MNRE) has emphasized the significance of the states taking the lead in expanding renewable energy capacity, which has touched...

May 24, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Global Energy Transition Requires $35 Trillion Investment Over Next Decade

The lack of adequate progress in the global energy transition will require even more investment, and a systematic change in the volume and type of investments is...

March 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Parliamentary Panel Suggests Extending FAME Program for EVs by Two Years

A parliamentary committee has recommended extending the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program by two years beyond its...

March 29, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Investments in Renewables Reach New High in 2022 But Need Massive Increase

Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50%...

March 16, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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European Union Parliament Passes Law to Ban Fossil Fuel Cars by 2035

The European Parliament has approved a law that effectively bans the sales of new petrol and diesel cars in Europe from 2035 to accelerate measures to cut 100% of carbon...

February 15, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Researchers Split Untreated Seawater to Produce Green Hydrogen

An international team of researchers led by the University of Adelaide, Australia said they have successfully split seawater through direct electrolysis without...

February 13, 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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Solar-Powered Reactor Recycles Plastic and Gases into Sustainable Fuels

Scientists at the University of Cambridge said they have developed a novel solar-powered reactor, which can convert plastics into commodity chemicals and greenhouse...

January 11, 2023

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Gautamee Hazarika

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Solar

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Technology
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Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia

The Middle East and Central Asian countries have collectively pledged to reduce annual greenhouse gas emissions (GHG) in 2030 by 13-21%, a new IMF study estimates. On...

November 9, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA

The global crisis triggered by the war in Ukraine could ironically accelerate the transition to a more sustainable and secure energy system, according to the latest...

October 28, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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European Commission Approves €220 Million Aid for Clean Hydrogen Production in Spain

The European Commission, under the European Union (EU) State aid rules, has approved a €220 million (~$215.3 million) Spanish measure to support Cobra Facilities &...

October 14, 2022

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Gourav Mishra

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Other

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Renewable Energy

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