Over the course of five years, India along with some others countries will be the key focus in regard to renewable energy. As they are the emerging leaders among the extraordinary increase in renewables energy deployment. India officially took the presidency of the group of the twenty countries who annually rotates it between its members forming the most powerful inter-governmental forum also known as G-20.
Nuclear power production is the next plan on India’s clean energy production list. India has been trying its best to meet the climate change targets, focusing mainly on supplementing the country's renewable energy. The policy interventions regarding the project could include incentives, making its prime focus to set up a public-private partnership mode, encouraging the private sector for setting up nuclear power plants.
According to a new report, India is estimated to have a significant rise in low-carbon energy investments by 2023. The report from Oilprice.com highlights that India might attract a business of almost $10 billion in the low-carbon energy segment. Bank of America analysts have considered India to be a bright spot in a subdued capital-raising market, it adds.
The CleanMax Enviro Energy Solutions, a commercial & industrial (C&I) renewable energy company partnered with Meta to invest in the 33.8 megawatts (MW) of renewable energy projects that are being set up in India. Under the deal, CleanMax will have full control over the project, owning and operating. While for years to come Meta will get to purchase the 100% of the environmental attributes from the projects.
The new study was put forward by the self-governed intergovernmental organization, International Energy Agency (IEA). The study featured detail for the next five-year plan. much of the part will be focused on India, where 90% of the global electricity expansion will consist of renewable energy.
In an attempt to promote the transition to renewable energy in the state, Odisha’s government brought its Renewable Energy Policy 2022. The programme intends to encourage Private stakeholders to boost renewable energy output in order to meet the Centre's renewable purchase obligation (RPO) trajectory by 2030.
On 9th November 2022, the fourth day of the COP27 at Sharm-el-Sheikh, Egypt, about 50 activists from Asia, Africa and the Americas protested in the central Blue Zone of the conference and called for an end to fossil fuel funding and a shift to investment in community-based renewable projects.
On 7th November 2022, the second day of the COP27 at Sharm-el-Sheikh, Egypt, India's Union Minister of Environment, Forest and Climate Change Bhupender Yadav spoke at two separate events – Middle Eastern Green Summit 2022 and the UN Secretary-General High-Level Round Table.
Egypt will present a new energy strategy for green hydrogen at the climate conference in Sharm el-Sheikh in November this year. This could strengthen Egypt's geopolitical position. Along with this, the economy of the country will also be strengthened.
A new research by the state-run Gujarat Energy Research & Management Institute (GERMI); Indian Institute of Public Health (IIPH), Gandhinagar; Natural Resources Defence Council (NRDC) of the US; and Columbia University's Mailman School of Public Health made an alarming estimation that as a result of climate change, the average temperature of Ahmedabad could rise up to 0.81°C by 2030.