Wednesday, 18 May, 2022
TopicGreen Energy

Topic: Green Energy

Green energy can change India’s development trajectory. Climate change also an opportunity

The renewable sector holds immense potential for job creation since clean energy technologies such as solar are far more labour intensive.

What is the Russia-sized mystery in China’s electricity sector

China connected 55 gigawatts of solar power & 48 gigawatts of wind last year. But the country's electricity consumption in 2021 grew at 10% & will increase again by 5-6% this year.

Why Karnataka got record 45% of India’s total FDI in first half of this financial year

Karnataka could create history this fiscal by trumping Maharashtra, Gujarat & Delhi as India's No. 1 investment destination. It was in 2008-09 that a state last accounted for 45% of total FDI. 

How emerging economies can afford the transition to cheaper, greener power

Delaying the switch to zero-carbon power isn’t giving developing countries a chance to catch up with richer nations — it’s retarding their development.

India must focus on green public investment for inclusive recovery, IMF says

An IMF official said India's debt is at a ratio of about 90%, and it is important to signal to investors to that the ratio will decline in the medium term.

Reliance boots green energy push with two more deals with German & Danish companies

The acquisitions are part of a string of deals Ambani has announced as he pledges to invest $10 bn in alternative energy over 3 yrs, putting him squarely in competition with Adani Group.

India’s coal conundrum: how to loosen its grip while not abandoning millions who depend on it

New research by Queensland university and Princeton faculty involved visits to the Angul district in Odisha in 2018 and 2019, which is home to 11 coal mines.

NTPC goes for big green push, plans IPO for renewable energy unit to raise Rs 2.5 lakh crore

Officials say NTPC plans to build large renewable energy parks for which it has secured land for 5-gigawatt facility in Gujarat. It will also set up offshore wind power plants.

Mukesh Ambani says there is ‘no option’ but to make businesses green

The pivot towards a greener, cleaner version of itself won’t be an easy one for Reliance industries, which got about 60% of revenue from its hydrocarbon-fueled energy operations in FY20-21.

Solar power on saffron field: How ‘first-of-a-kind’ project in J&K will produce electricity

A draft proposal for the plant is believed to have been submitted and work on the project, with an estimated cost of Rs 50 cr, is expected to begin this month.

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
Congress supporters staged a protest against inflation in Ranchi on 10 May | ANI

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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