Vedanta Aluminium has announced that its smelters will now run on 380 MW of renewable power; it is expected to help the company reduce its emissions by cutting 15,00,000 tonnes of CO2 annually.
To support India achieve its climate action targets German Chancellor Olaf Scholz, has pledged 10 billion euros ($10.51 million) after meeting Prime Minister Narendra Modi in Berlin on May, 2. However, these negotiations were overshadowed by India’s neutral position on the Ukraine war.
Union Transport Minister Nitin Gadkari spoke about his dream of making India the hub of Green Hydrogen in the future and diversifying the automobile market towards ethanol and Green Hydrogen.
The Egyptian Environmental Minister Yasmine Fouad launched the first national dialogue on climate change. The Ministry of Environment issued a statement after the commencement of the first session held on Sunday.
Tata Power said the MoU was signed on Thursday that it has signed a Memorandum of Understanding (MoU) with National Real Estate Development Council ( NAREDCO ) to install up to 5,000 EV charging points across its members’ developer properties in Maharashtra in the presence of Aaditya Thackeray, Minister of Tourism & Environment.
India ranks a lowly 120 among 165 countries in its progress towards achieving all 17 sustainable development goals, lower than SAARC counterparts Sri Lanka, Nepal and Bangladesh. It needs around $60 billion to achieve its 450 GW sustainable energy target by the year 2030.
MOL group, an international integrated oil and gas & petrochemical consumer retails company of Hungary which has come together with Plug Power, a leading supplier of turnkey hydrogen solutions to establish one of Europe’s largest green hydrogen production facilities at the MOL’s refinery in Danube, Szazhalombatta.
The Indian power ministry has proposed for a credit guarantee fund and a renewable energy bank to help countries transitioning from fossil fuel economy to more sustainable mode. Power minister Raj Kumar Singh and European Commission president Ursula von der Leyen at the headquarters of the International Solar Alliance in Gurugram stressed the importance of accelerating the transition to renewable energy.
Bitcoin is a cryptocurrency that relies on mining to mine new coins, run its proof of work mechanism and maintain a public ledger.
There will be a three day Wind Energy trade fair at Pragati Maidan in New Delhi called Windergy. The aim of the fair is to catalyze investments upto 15,000 crores into the wind energy sector in the country. The event is being organized by the Indian Wind Turbine Manufacturers Association (IWTMA) and PDA Trade fairs Pvt Ltd.