Sustainability

The global LNG market is on the cusp of a transformative era. While an oversupply looms, the market’s trajectory remains subject to the vagaries of project completions and geopolitical tensions. The interplay of supply and demand dynamics will invariably shape the landscape, heralding an era of heightened volatility and strategic recalibrations.

In this article for pv magazine, Naresh Mansukhani, CEO, Juniper Green Energy, writes circular economy goes beyond just recycling physical components. Innovative business models are emerging that promote resource efficiency and extend the lifespan of renewable energy technologies.

Schneider Electric, in collaboration with non-governmental organization PRADAN, implemented 40 kW and 45 kW solar arrays with Internet of Things (IoT)-enabled smart power management systems in Sehal and Chatti villages of Jharkhand. This system ensures 100% capacity utilization of the solar panels by diverting power to different loads based on demand, benefitting the 110 families in the two villages.

Also, hot and humid days nearly doubled in the 12-month period till June 22, 2024 compared to the corresponding period in 2022-23, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).

The Corporate Sustainability Due Diligence Directive signals a new era of corporate responsibility, urging Indian businesses to embrace sustainable practices to thrive globally. This presents an opportunity to enhance competitiveness, attract global partners, and contribute to a more sustainable and resilient future.

The project at NTPC’s Lara super thermal power station will synthesize fourth-generation ethanol from carbon dioxide captured from waste flue gas and green hydrogen generated through electrolysis.

Complete dependence on fossil fuel, which is a very volatile segment, can leave a country vulnerable to price fluctuations and geopolitical disputes. This is turn has a huge impact on the country’s economy as well. A prime example of which, can be seen with the current Ukraine- Russia crisis’s impact on the European countries rise in gas prices and subsequent economic turbulence.

By forging ahead with solar-powered land restoration initiatives, we can build resilient ecosystems, foster sustainable livelihoods and safeguard our planet for generations to come.

The road to net-zero emissions in India doesn’t require herculean efforts. We can get there by wholeheartedly adopting renewables, investing in innovation and technology, and promoting public-private partnerships to build a better, cleaner, and more sustainable India for generations to come.

While the first quarter of 2024 has shown a significant and potentially transformative rise in climate-tech funding, the sustainability of this growth remains uncertain.