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Projects to create green grid, CCS hubs across ASEAN, Australia

National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources to form a green power grid and establish Carbon capture and Storage hubs.

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Commercial flights that fly ‘entirely on hydrogen’ planned for 2024

Launch of the first zero emission commercial passenger flights between the UK and the Netherlands. These hydrogen-electric flights are expected to take to the skies in 2024.

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World should shut nearly 3,000 coal plants to keep on climate track 

There are currently more than 2,000 GW of coal-fired power in operation across the world, and that needs to be slashed by nearly half before 2030, to keep the temperature rises within 1.5 Celsius. Nearly half of the effort will need to come from China.

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National

India to kick start GDAM, Escerts trade from Tuesday

India to kick start green day-ahead market (GDAM) and trading of energy saving certificates (ESCerts) on power exchanges. It will provide competitive price signals, besides offering an opportunity to the market participants to trade in green energy, in the most transparent, flexible, competitive, and efficient manner.

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India to invest $316 billion for de-carbonisation by 2030

India will spend $316 billion (about Rs 23 lakh crore) in the decade to 2030 towards de-carbonization, with a high proportion of the investment to be allocated to renewable sources of energy. The investment will be in addition to the estimated Rs 6 lakh crore or $84 billion already spent since the country joined the Paris climate accord in 2015.

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Reliance offers INR 375/share to raise 25.9% stake in Sterling and Wilson Solar.

Reliance New Energy Solar Ltd, the new energy arm of Reliance Industries Ltd, has offered INR 375 per share to acquire up to 4.91 crore shares of Indian multinational EPC player Sterling and Wilson Solar for over INR 1,840 crore.

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Comments

  1. BDCNovember 8, 2021 at 11:24 PM

    Sterling and Wilson Solar is the largest pure-play Solar EPC outside China and offers a complete range of Solar EPC solutions like design, engineering, procurement, construction, project management, and operations and maintenance.

    ReplyDelete
  2. vikramJuly 25, 2025 at 12:55 AM

    It’s concerning to see the EPC sector under pressure with such losses reported for Sterling & Wilson, but this highlights the importance of diversification. Avaada Group , by investing in renewables and green hydrogen , is building a more resilient model that can better weather project downturns.

    ReplyDelete

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