India’s power sector, the country’s largest carbon emitter, must secure a massive $700 billion investment over the next decade to support its transition towards net-zero emissions by 2070, according to Moody’s Ratings. Currently, the sector contributes around 37% of India’s total carbon emissions. The investment required between fiscal 2026-2051 is...
BPCL has partnered with Eco Wave Power to develop wave energy projects across India, tapping into the country’s 40,000 MW wave energy potential. This collaboration supports India’s transition to clean energy by harnessing ocean energy along its vast coastline. Image Source: Adobe Bharat Petroleum Corporation Limited (BPCL) has entered into...
The Reserve Bank of India has expanded access to Sovereign Green Bonds (SGrBs) by allowing foreign investors to participate, marking a significant step in supporting India’s green initiatives. Green bonds are used to fund environmentally sustainable projects, and their market globally has surged from US$ 36 billion in 2014 to...
In the latest instalment of our “Green Guardians” series, IBT welcomes Sachin Rele, a luminary in the solar energy sector, with a profound journey spanning over three decades. As the Managing Director and CEO of Autonic Energy Systems, Mr. Rele shares insights into his initiation into solar energy in 1994....
In an insightful conversation with Mr. Pushkar Deo, Founder of Hythane Labs, featured in an exclusive interview with IBT, he emphasized on the imperative need for location-centric solutions in the green energy landscape. Mr. Deo highlighted the distinct challenges faced by various regions and advocated for innovative methods like Catalytic...
Vivek Prasad, Vice President, BD, India, at Enfinity Global Group, discusses the promising landscape of green hydrogen and green ammonia projects in India. In an exclusive interview with India Business and Trade (IBT), he sheds light on India’s strategic advantages and unique opportunities in the global renewable energy market. Prasad...
Solar thermal energy is a form of renewable energy that harnesses the sun’s heat to produce steam and generate power. In industrial settings, approximately 60% of energy needs are related to heating and steam production. Solar thermal energy plays a crucial role in addressing these requirements, offering an eco-friendly and...
India’s potential to lead the green hydrogen revolution through local electrolyzer manufacturing is a topic of growing importance. The country possesses tremendous potential to lead the global electrolyzer manufacturing industry and drive green hydrogen production. India encounters specific challenges in electrolyzer production: the procurement of critical minerals, substantial investments for...
India is embracing renewable power solutions at an unprecedented pace, harnessing solar, wind, and hydroelectric energy to meet growing electricity demands while reducing its carbon footprint. BrightNight Power specializes in global, renewable and independent power that is built to deliver industry-leading, large-scale solutions. Naveen Khandelwal, CFO and COO of BrightNight...
The India Middle East Europe Economic Corridor (IMEC) is a transnational rail and shipping route spanning two continents, aimed at boosting economic development by enhancing connectivity and integration between Asia, the Arabian Gulf, and Europe. A Memorandum of Understanding (MoU) has been signed by Saudi Arabia, the European Union, India,...
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