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Climate Change

Orsted’s transition shows the way for Indian utilities and renewable energy companies

Orsted transitioned from a coal-intensive utility to a global renewable energy leader creating immense shareholder wealth. A new report looks at what strategic decisions led to this transition and learning for Indian companies to look forward to the future energy transition.

Responsible land-use for solar, wind plants could smooth the path for India’s energy transition

India will require large swaths of land for the huge expansion of renewable energy capacity over the coming decades. The energy transition requires planning for proper siting of these plants and solutions like agrivoltaics, distributed energy systems, and offshore wind to reduce land-use conflicts.

UK to invest $1.2 billion in green energy projects in India

UK’s development finance institution CDC will invest $1 billion in green projects in India between 2022-26. Besides, UK has committed a new $200-million private and multilateral investment into the joint UK-India Green Growth Equity Fund that invests in Indian renewable energy.

The prospects for solar in a 1.5C world

We will need 10.7 TW of clean energy generation capacity this decade to stay on track with the most ambitious of the climate change paths agreed in Paris, which would include plenty of solar investment and jobs, according to the International Renewable Energy Agency.

Developing climate-resilient decentralized solar solutions 

A new report states decentralized solar installations in climate-vulnerable regions of Assam, Jharkhand, and Rajasthan lacked design to deal with future climate risks. The report authors, based on their study, outline considerations for policymakers, implementing agencies, vendors, and funding agencies to build resilient structures.

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Green taxonomy first step towards building a resilient society

The second wave of Covid-19 reminds us to build a resilient society. Climate Change, not unlike Covid-19, will deliver devastating effects to our planet and disrupt our way of life. So, in this climate decade, India must channel investments into sustainable activities. The first step is to construct a robust “green taxonomy” – a green list of sustainable activities. 

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India-US climate ties must prioritize green transition finance 

A new report says the United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. It lays out what such a partnership should look like and how it would benefit both countries and the world.

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IndianOil selects American firm Dastur for India’s largest industrial carbon capture and utilization project

The CO₂ captured from the hydrogen generation units at Koyali refinery in Gujarat will be primarily used for enhanced oil recovery at the Oil and Natural Gas Commission’s oilfield at Gandhar, near Koyali. 

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India has the opportunity to build a new energy future 

India is set to see the largest increase in energy demand of any country over next 20 years, a new International Energy Agency (IEA) report says, highlighting potential for policies and investment to accelerate clean energy transition.

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Renewables cheaper than fossil fuel plants by 2030

A report by McKinsey & Company reinforces the widely-held view renewables will supplant fossil fuels in the energy system but also joins the chorus of voices warning the world is on track to fall well short of limiting global temperature rises this century to 1.5C.

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