As the UN Climate Change Conference COP27 is getting closer Egyptian Prime Minister Mostafa Madbouly has started reviewing the preparations of the projects for COP27. PM held a meeting with the concerned ministries to get updates on the projects aligned with the nation’s climate action targets.
India has invested heavily in renewable power like solar and wind, but new studies suggest that the power production will decline severely in the coming decades due to climate change.
A team of young researchers from Finland have successfully installed the world’s first fully functioning sand battery that has the ability to store green power for several months.
Australian resource minister Madeleine King announced that to escalate the climate action targets India and Australia signed a deal to boost the development of critical metal projects and supply chains.
The minister of State for New and Renewable Energy Bhagawanth Khuba launched the third edition of the ‘Green Vehicle Expo’, 2022 on 1st July which ended yesterday. As per the reports, more than 74 companies from India and across the world participated and showcased their latest innovations at the exhibition.
Prime Minister Narendra Modi, who arrived in Germany to attend the G-7 summit, addressed a session on climate, energy and health at the Alpine Kestel in Schloss Elmau on Monday.
Renewable Energy Certificates(REC) worth 9,000 crores have been sold since a decade ago, a report shows that there are very few voluntary takers of renewable energy certificates.
Egypt’s International Cooperation Minister Rania Al-Mashat emphasized the need for adequate financing tools to achieve the climate action goals. She highlighted that one of the main obstacles to the climate action targets is the lack of climate financing.
In a remarkable feat to achieve the net-zero target Delhi’s Indira Gandhi International Airport has become India’s first airport to fully function from solar and hydro energy. The IGI airport’s 94 percent energy demands are being met by hydropower electricity and the rest 6 percent from on-site solar plants.
India has committed to cut half its carbon emissions and generate about 500GW of renewable power by 2030. A study from BloombergNEF(BNEF) suggests that the country will need $223 billion to meet this target.