Tags: green energy

Energy Leaders Outline Next Decade Priorities for Net Zero Carbon Economy

In a report published by Energy Transitions Commission, a coalition of 45 leaders from global energy producers, energy-intensive industries, financial institutions and environmental advocates argued that the world can and must achieve net zero greenhouse gas emissions by mid-century. Energy leader including Arcelor Mittal, Bank of America, BP, Development Research Center of the State Council […]

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Facebook aims to reach net zero emissions for its value chain by 2030

Facebook has announced that apart from reducing operational greenhouse gas emissions by 75 per cent this year, it will achieve net zero emissions for its global operations and be 100 per cent supported by renewable energy this year. The social network also set an ambitious goal to reach net zero emissions for its value chain […]

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India to be largest source of energy demand growth: BP Energy Outlook

BP on Monday said India will be the largest source of demand growth for energy by 2050, , as it saw an end to the relentless growth of oil globally. In its annual Energy Outlook 2020, BP said global oil consumption may never return to levels seen before the coronavirus crisis took hold. BP report […]

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Watch: Google CEO talks about company’s plan for carbon-free future

Wind, solar and other renewable sources accounted for 61% of Google’s global hourly electricity usage last year. The proportion varied by facility, with carbon-free sources fulfilling 96% of hourly power needs at Google’s wind-swept Oklahoma data center. Sundar Pichai, CEO of Google and Alphabet in this video talks about company’s plan for carbon-free future, power […]

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Google to power its data centers and offices solely with renewable energy by 2030

Google has sets unique goal to tap only renewable power by 2030. Google and Alphabet CEO-Sundar Pichai  in a statement said that  Google aims to power its data centers and offices solely with renewable energy by 2030. With this it Google will become the biggest company in the world to commit to ditching coal and […]

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COVID-19 will permanently reduce global energy demand, buys time to reach Paris climate goals

The behavioural and economic ramifications of COVID 19 will permanently reduce global energy demand, according to DNV GL’s newly published Energy Transition Outlook. Compared to the pre-pandemic forecast, energy demand will be lowered 6-8% each year to the middle of the century. COVID-19 has prompted major behavioural shifts important to energy consumption, as demonstrated by […]

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De-fossilisation of energy system would employ 5 mn North Indians by 2050: Report

Finland’s Lappeenranta-Lahti University of Technology (LUT) and Delhi-based ‘Climate Trends’ in a new report on Tuesday established how northern India’s energy systems, comprising the world’s largest metropolitan area — Delhi-NCR — can be switched to 100 per cent clean energy by 2050. The study finds that greenhouse gas (GHG) emissions in northern India can be […]

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Boost for renewable energy: RBI issues revised priority sector lending guidelines

The Reserve Bank of India (RBI) on Friday issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers besides weaker sections. In addition, the initiative will boost credit to renewable energy and health infrastructure. The RBI said bank finance to start-ups […]

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Atmanirbhar Bharat can get boost only with Innovations in renewable energy: Piyush Goyal

Piyush Goyal, Minister of Railways and Commerce & Industry at the launch of ‘Powering Livelihoods’, an initiative by CEEW and Villgro Innovations Foundation said  Atmanirbhar Bharat can get boost only with Innovations in renewable energy: The minister echoing government’s vision of Atmanirbhar Bharat, stated that India should contend for a leadership role in global renewable […]

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TERI proposes Rs 40 lakh cr in clean energy projects to revive Indian economy

The Energy and Resources Institute (TERI) released a discussion paper on ‘‘ to revive Indian economy by creating demand and jobs with policy and regulatory interventions using minimal government spending. Speaking at the launch of discussion paper, Dr Ajay Mathur, Director General, TERI, said, “The focus of India’s stimulus packages has been on enhancing credit […]

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