A number of states are following the central government in offering incentives on the production of green hydrogen and green ammonia. Moneycontrol looks at some of these state government incentives, which will be available along with what the centre offers.
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An influx of eight more Namibian cheetahs into Kuno National Park is expected this month, as part of the multi-year project to relocate the cheetah in India after 70 years.
On September 17 — nearly four years later to the day — climate activists will fill the streets of New York with the March to End Fossil Fuels. The march, part of three days of worldwide protests ahead of another UN climate summit, hopes to recapture some of the momentum that dissipated in 2020 when the Covid-19 pandemic halted most of these kinds of mass actions.
The government is soon going to come out with a pilot bid for 100 MW of green hydrogen as energy storage.
One of the foremost challenges in climate financing lies in ensuring the availability of adequate funds. A shallow local bond market restricts the availability of capital at reasonable cost
This was largely driven by greater awareness about climate change and the need to address it, as well as falling cost of generating renewable energy.
States and distribution companies have been asked to buy power aggregated from coal and gas-based plants that are older than 25 years.
India hopes to work closely with Brazil and the US in biofuel development and technology sharing for mutual benefit.
New Delhi declaration is rich in intent but lacks a targeted action plan to tackle the global environmental challenge
Vishal Kapoor said Energy Efficiency Services Limited is looking to expand its client base to MSMEs, offering them 35 energy-efficient technologies.
The MoU shall remain in effect for five years, and it shall be automatically be renewed for a similar period, read the document seen by Moneycontrol.
India’s goal is to be net zero by 2070, which means that our electricity sector has to get there sometime in the 2050s. However, coal will continue to be essential, because at night when the sun is not shining, that’s what we rely on. But it will need to be abated with carbon capture and storage.
It’s particularly bad news that the price of solar, and especially offshore wind projects, is now going up rather than down. Higher interest rates, as the US and other countries are now experiencing, and rising cost of raw materials are raising the upfront costs of capital projects
As the world’s production of packaging waste rises to developed-country levels of about 200 kilograms per person, governments are going to have to play a bigger role in helping people make sense of this mess
Grid storage has not taken off because of economics and storage chemistries but incentives may help create the capacities needed
The Green Climate Fund (GFC) - the world’s largest such fund - was set up under United Nations' climate change negotiations to help channel money needed by poor states to meet their targets to reduce carbon emissions, develop cleaner energy sources and adjust to a warming world.
The New Delhi Leaders' Declaration cited the need of $5.8-5.9 trillion in the pre-2030 period for developing countries to implement their NDCs apart from the $4 trillion per year required for clean energy technologies to reach net-zero by 2050
From mainstreaming LiFE to scaling up climate finance, several issues found a mention in the declaration.
G20 countries have been divided over commitments on phasing down fossil-fuel use, especially coal; tripling renewable energy capacity by 2030; doubling the global rate of emission technologies; and finance for a just and green energy transition in the developing nations.
Ahead of the G20 Summit in New Delhi, a new report shows how human-driven climate change influenced 202 countries and territories from June to August 2023.
Renewable capacity installed in January through May was just 4.8 GW, perhaps the weakest increase since 2020. Intractable factors like high global interest rates raising the cost of financing energy infrastructure and chaotic land ownership system haven't helped. But India should review its planned 40 percent import tax on solar modules
The plan includes shifting maintenance of power plants to low-demand periods and redirecting surplus electricity to needy states
The Union minister confirmed Moneycontrol's newsbreak on the government's plan to use green ammonia and green hydrogen as energy storage systems
