According to Invest India, India is fourth among all nations in the world for its capacity to produce renewable energy, including wind and solar energy. Up till October 2022, India had 166 GW of renewable energy capacity, which is slightly more than 40% of the total installed power capacity. Several firms, including Bengaluru-based Wenergie, are attempting to take advantage of this momentum in the nation.
Contrary to popular belief, global warming does not indicate a decrease in cold waves and an increase in heat waves. We are headed for a world of extremes as a result of climate change brought on by global warming. All types of extreme weather will occur more frequently, including cold waves.
A specialized enzyme can efficiently transform woody biomatter into bioethanol, a sustainable fuel that can even be used as a substitute for gasoline or in food medicine, according to research from the Indian Institute of Technology, Guwahati.
In an effort to reduce emissions and establish itself as a major exporter in the field of green hydrogen business, India is preparing a $2 billion incentive program, three sources told Reuters.
The COP27 conference emphasized the pressing need to pay attention to climate change and to speed up the shift to a low-carbon economy. India is well-positioned to take the lead in this effort given its ambitious targets of producing 450 GW of renewable energy by 2030 and reaching net zero emissions by 2070. According to Morgan Stanley's most recent predictions, India will have the third-largest economy in ten years, therefore it comes as no surprise that revolutionary advances in clean technology are both urgently needed and attractive to investors.
India stayed away from the UK-led accord on stopping deforestation and declined to ratify the US and EU's "Global Methane Pledge," which aims to reduce global methane emissions by 30% over 2020 levels by 2030. The primary gas driving climate change, CO2, has a lifetime of 100–1,000 years, according to the 6th Assessment Report of the Intergovernmental Panel on Climate Change.
India stayed away from the UK-led accord on stopping deforestation and declined to ratify the US and EU's "Global Methane Pledge," which aims to reduce global methane emissions by 30% over 2020 levels by 2030. The primary gas driving climate change, CO2, has a lifetime of 100–1,000 years, according to the 6th Assessment Report of the Intergovernmental Panel on Climate Change.
The need to switch to green, renewable energy is becoming more urgent due to the conflict in Ukraine, the severe heating deficit, and the high cost of electricity as winter grips Europe (RE). According to a recent International Energy Agency (IEA) assessment, the amount of renewable energy capacity added globally over the course of the last 20 years will be equaled within the next five years.
Gurugram-based ReNew Power and Microsoft India have agreed to a renewable energy arrangement for 150 MW. ReNew Power identifies itself as India's top provider of renewable energy. According to ReNew Power's official announcement, it is one of the biggest deals made of its kind in India.
Andhra Pradesh has come forward to participate in several memoranda of understanding (MoUs) for green energy projects. The project's total cost has been estimated to be worth Rs.81,000 crore. The state stands highest among all others, as it has identified 30 energy efficiency financing projects. According to the TOI report, The Bureau of Energy Efficiency has estimated the state's investment potential to be more than Rs.412.30 crore in energy efficiency.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.