Tags: energy

Joe Biden announces nominees for key climate and energy posts to enact ‘ambitious’ plan

US President-elect Joe Biden on Saturday announced his nominees for key climate and energy posts, including New Mexico Representative Deb Haaland for interior secretary and former Michigan Governor Jennifer Granholm for energy secretary. He called his term as the “right group” to lead the government’s “ambitious” plan to address climate change, CNN reported. Biden described his team […]

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Ultra Mega solar park coming up in Uttar Pradesh, thanks to NHPC

Hydropower major, NHPC gearing up to develop 600 Megawatt (MW) ultra-mega solar park in Deoria district of Uttar Pradesh. The site where the project will be developed is an island with Ghaghra river flowing from both its sides. It will be developed in a joint venture with the UP government or special purpose vehicle mode. […]

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High customs duty on Chinese imports likely to be exempted for PPA solar projects

Music to the ears of solar power producers setting up their projects using Chinese equipment, government proposes to exempt those having power purchase agreements (PPAs) with procuring states from the steeper customs duty levy. Sources in the power ministry said that all solar power projects having valid PPAs as on August 1, 2020 will escape […]

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IEA offers world govts a Sustainable Recovery Plan while making energy systems cleaner

IEA report which is based on analysis conducted in cooperation with the IMF outlines energy-focused policies and investments to move the world towards a cleaner and more resilient future The International Energy Agency IEA presented a Sustainable Recovery Plan focusing on a series of actions that can be taken by the world governments over the […]

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India moves to 74th position on WEF’s global ‘Energy Transition Index

India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy security and environmental sustainability, the World Economic Forum (WEF) said on Wednesday. Releasing the annual rankings, the Geneva-based international organisation for public-private cooperation said COVID-19 will compromise the transition to […]

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Covid-19 pandemic the biggest shock to global energy system in seven decades: IEA

The Covid-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set to dwarf the impact of the 2008 financial crisis and result in a record annual decline in carbon emissions of almost 8%. A new report released today by the International […]

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Siemens inks MoU with NTPC, TERI for decarbonization

Siemens inked two memoranda of understanding (MoU) with state-run power giant NTPC and The Energy and Resources Institute (TERI) for decarbonisation. The company has signed MoU with NTPC for reducing the industrial and commercial carbon footprint and bringing down the dependence on hydrocarbons in India, Siemens said in a statement. According to statement the other […]

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India to honour contractual commitments under various energy agreements: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” Sitharaman said at the India Energy Forum of CERAWeek. Recently, Andhra Pradesh had asked government nodal agencies Solar Energy Corporation of India (SECI) and NTPC to […]

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NREL Announces Participants for 2019 Executive Energy Leadership Program

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has selected 21 leaders to participate in its 2019 Executive Energy Leadership program (Energy Execs), which provides non-technical business, governmental, and community leaders an opportunity to learn about advanced energy technologies, analytical tools, and financing to guide their organizations and communities in energy-related decisions and […]

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