Climate Change

EKI Energy will invest up to INR 200 crore ($25 million) as an anchor investor in the fund with a deep focus on community development projects across remote locations in India and select countries in Africa, Asia and LATAM.

A new report looks at the current status of climate finance for cleantech startups in India. It highlights the opportunities and challenges and presents potential solutions to accelerate climate tech finance in the country.

The UK Department for Business, Energy and Industrial Strategy has published new research showing that hydrogen leaks could have an indirect climate-warming impact, partly offsetting efforts to reduce carbon dioxide emissions.

Photovoltaics can wipe out 4.25 billion tons of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.

The ‘Net-Zero Industry Accelerator’ program will prioritize industries with the highest carbon footprints and assure a robust ecosystem to support a new generation of entrepreneurs as they take disruptive climate-tech innovations for industrial decarbonization from the lab to market. 

The modernization and transition of energy sources towards environment-friendly options, jointly exercised with the capacity to conserve the proven available reserves, is an action fraught with foresight. The emergence of the future scenarios and how it will all play out in the long term remain unknown to the human consciousness. However, the foresight emanating through the intertwining of the collective consciousness of human existence shall undoubtedly provide us with a potent armory to articulate our response to the emerging scenarios.

Under their clean energy partnership, both countries also agreed to cooperate in the disposal, recycling, and reclamation of valuable materials from batteries, solar panels, turbine blades, and electronics.

The core objective of renewable energy deployment in India is to promote economic growth, enhance energy security, increase energy access, and reduce climate change. Sustainable development is possible by the use of clean energy and by ensuring access to affordable and reliable energy for every citizen.

The renewable energy developer had an operational capacity of 5,410 MW (4,763 MW solar and 647 MW wind) as of September 30. 

We all should envisage a society in which everyone, including individuals and businesses, operate carbon neutrally, i.e., all entities reduce their carbon footprint by adopting sustainable practices.