Energix, Google Ink Long-Term Renewable Energy Agreement
Carbon credits are critical for technology giants like Google, as they use them to power their rapidly expanding data centers and drive artificial intelligence.
China Cuts New Coal-Powered Plant Approvals by 80%, Finds Greenpeace
China’s combined wind and solar capacity of 11.8 terawatts exceeded coal capacity of 11.7 TW for the first time in the first half and made up 84.2 percent of all new grid-connected capacity.
Satara’s Manyachiwadi Becomes Maharashtra’s 1st Solar Powered Village
On Sunday, Maharashtra Chief Minister Eknath Shinde launched the Solar Village Scheme, an initiative to provide 100 villages with 100 percent solar-powered electricity, at a function in Satara.
Global Renewable Capacity Rises 14% to 3,870 GW in 2023: IRENA
The report found that solar energy registered the largest share at 1,419 GW last year, recording 32.2 percent over 2022. Hydropower and wind energy accounted for most of the remainder, with total capacities of 1,268 GW and 1,017 GW, respectively.
UAE’s Etihad Rail Launches Sustainable Finance Framework for Green Investments
This framework aims to facilitate the issuance of green bonds, which will be instrumental in securing funds for lower-carbon infrastructure projects such as clean transportation, green buildings and pollution control.
Delhi’s IGIA Becomes 1st Indian Airport to Get Net Zero Carbon Emissions Status
The facility, managed by GMR Group, became the first airport in India to achieve “net zero carbon emission airport status, a level 5 certification, under the Airport Council International’s carbon accreditation program.
Government Allocates $95.2M to Create Model Solar Village in Every District
The outlay is part of PM Surya Ghar: Muft Bijli Yojana, launched by Prime Minister Narendra Modi on Feb. 15, 2024. It aims to transform India’s energy landscape by providing free electricity to households.
TN Clears ₹441B in Investment Proposals, Greenlights 3 Renewable Energy Policies
The projects span the electronics, food processing, renewable energy, and battery manufacturing sectors and will significantly change the state’s economic landscape and create 24,000 jobs.
World Bank’s $1.5 Billion Loan Boosts India’s Green Hydrogen Dreams
This loan marks the second round of support from the World Bank, following a similar $1.5 billion granted in June 2023.
India to Boost Solar Cell Production; to Curb China Import
Cells will likely be the next target for import restrictions, though the government plans a more cautious approach this time.