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Billionaire <keyword id="19929098" type="General" weightage="20" keywordseo="gautam-adani" source="keywords">Gautam Adani</keyword>'s group will supply <keyword id="19914923" type="General" weightage="20" keywordseo="clean-energy" source="keywords">clean energy</keyword> to power Google's cloud services and operations in India, the two firms said on Thursday. <keyword id="19955648" type="General" weightage="100" keywordseo="Adani-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Adani Group" meta.hostid="261" meta.entityid="Adani Group">Adani group</keyword> will supply 61.4 megawatt of electricity from a new <keyword id="21342349" type="General" weightage="20" keywordseo="solar-wind-hybrid-project" source="keywords">solar-wind hybrid project</keyword> located at its 30 gigawatt (GW) Khavda renewable energy park in Gujarat. <br /><br /> Google powers most of its cloud operations and services through electricity procured from the grid and is planning to run the entire operations on clean energy by 2030. <br /><br /> Adani is expected to start commercial operations in the third quarter of 2025. <br /><br /> At the '<keyword id="23413952" type="General" weightage="20" keywordseo="Google-for-India" source="keywords">Google for India</keyword>' event, the search giant also announced a partnership with CleanMax for sourcing 125.4 MW of clean energy to power its offices and cloud regions in India. <br /><br /> Of the contracted volumes, 66 MW solar energy will come from Rajasthan and 59.4 MW wind energy from Karantaka. <br /><br /> "These projects are expected to start commercial operations in Q4 2025 and will deliver <keyword id="22243112" type="General" weightage="20" keywordseo="carbon-free-energy" source="keywords">carbon-free energy</keyword> to the grid where Google operates offices and cloud regions in India," Google said. <br /><br /> While Google made the announcement at the 'Google for India' event here, the Adani Group gave details in a statement. <br /><br /> "Through this partnership Adani will supply clean energy from a new solar-wind hybrid project located in the world's largest renewable energy plant at Khavda, Gujarat. This new project is expected to start commercial operations in the third quarter of 2025," the Adani group statement said. <br /><br /> This innovative collaboration will help advance Google's 24/7 carbon-free energy goal by ensuring cloud services and operations in India are supported by clean energy and thereby contribute to the <keyword id="20289318" type="General" weightage="20" keywordseo="sustainable-growth" source="keywords">sustainable growth</keyword> of Google in India. <br /><br /> Adani had previously announced plans to set up data centres run on clean energy. It had in October 2022 leased 4.64 lakh square feet of space at its data centre in Noida to Raiden Infotech, an entity of Google.

Adani to supply clean energy for Google's cloud operations in India

Perth: (The Conversation) Last week, three tiny Australian satellites from Curtin University's <keyword id="23932163" type="General" weightage="20" keywordseo="Binar-Space-Program" source="keywords" meta.keywordsubtype="org" meta.entityname="Binar Space Program" meta.hostid="261" meta.entityid="Binar Space Program">Binar Space Program</keyword> burned up in Earth's atmosphere. That was always going to happen. In fact, Binar means "fireball" in the Noongar language of the First Nations people of Perth. When a satellite is in low Earth orbit (2,000km or less), it experiences orbital decay as it drags closer and closer to the surface, eventually burning up. <br /><br />But these cube satellites (<keyword id="21533654" type="General" weightage="20" keywordseo="CubeSats" source="keywords">CubeSats</keyword>), known as Binar-2, 3 and 4, entered the atmosphere much sooner than originally planned. They only lasted for two months - a third of what was expected. This significantly reduced valuable time for science and testing new systems. <br /><br />The reason for their untimely demise? Our Sun has kicked into high gear, and the Binar satellites are far from the only casualty. Recent high <keyword id="20792842" type="General" weightage="100" keywordseo="Solar-activity" source="keywords">solar activity</keyword> has been causing an unexpected headache for satellite operators in the last few years, and it's only increasing. <br /><br /><h2>Why is the Sun so active? <br /></h2><br />Solar activity includes phenomena such as sunspots, solar flares and solar wind - the stream of charged particles that flows toward Earth. <br /><br />This activity is a product of the Sun's ever-changing magnetic field, and approximately every 11 years, it completely flips. At the midpoint of this cycle, solar activity is at its highest. <br /><br />While this cycle is known, specific solar activity is challenging to predict - the dynamics are complex and solar forecasting is in its infancy. <br /><br />In the last few months, indicators of solar activity were more than one and a half times higher than predictions for this point in the current cycle, labelled <keyword id="22712826" type="General" weightage="20" keywordseo="solar-cycle-25" source="keywords">solar cycle 25</keyword>. <br /><br /><h2>The impact of <keyword id="20087207" type="General" weightage="20" keywordseo="space-weather" source="keywords">space weather</keyword> <br /></h2><br />Space weather refers to the environmental effects that originate from outside our atmosphere (mostly the Sun). It affects us on Earth in a variety of noticeable and unnoticeable ways. <br /><br />The most obvious is the presence of auroras. In the past few months, auroras have been visible far more intensely and closer to the equator than in the last two decades. This is a direct result of the increased solar activity. <br /><br />Space weather, and solar activity in particular, also creates additional challenges for satellites and satellite operators. <br /><br />Higher solar activity means more solar flares and stronger solar wind - resulting in a higher flux of charged particles that can damage or disrupt electrical components on satellites. <br /><br />It also means an increase in ionising radiation, resulting in a higher dose for astronauts and pilots, and potential disruptions to long-distance radio communications. <br /><br />But for satellites in low Earth orbit, the most consistent effect of solar activity is that the extra energy gets absorbed into the outer atmosphere, causing it to balloon outward. <br /><br />As a result, all satellites less than 1,000km from Earth experience a significant increase in <keyword id="23473319" type="General" weightage="20" keywordseo="atmospheric-drag" source="keywords">atmospheric drag</keyword>. This is a force that disrupts their orbit and causes them to fall towards the planet's surface. <br /><br />Notable satellites in this region include the International Space Station and the Starlink constellation. These satellites have thrusters to counteract this effect, but these corrections can be expensive. <br /><br />Low Earth orbit also contains many university satellites, such as the Binar CubeSats. Cube satellites are rarely equipped with tools that can adjust their altitude, so they're entirely at the mercy of space weather. <br /><br /><h2>What happened to Binar? <br /></h2><br />The Binar Space Program is a satellite research program operating out of Curtin University. It aims to advance our understanding of the Solar System and lower the barrier for operating in space. <br /><br />The program began operations with its first satellite, Binar-1, in September 2021. This was less than a year into solar cycle 25 when solar activity was relatively low. <br /><br />In these conditions, the ten-centimetre cube satellite started at an altitude of 420km and survived a full 364 days in orbit. <br /><br />The program's follow-up mission - Binar-2, 3, and 4 - were three equally sized CubeSats. However, they were expected to last approximately six months owing to the extra surface area from new deployable solar arrays and a forecast increase in solar activity. <br /><br />Instead, they only made it to two months before burning up. While cube satellite missions are relatively cheap, the premature ending of a mission will always be costly. This is even more true for commercial satellites, highlighting the need for more accurate space weather forecasting. <br /><br />The good news is the Sun will calm down again. Despite the current unexpectedly high solar activity, it will likely slow down by 2026, and is expected to return to a solar minimum in 2030. <br /><br />While this was not an explicit goal of the mission, the Binar Space Program has now poignantly demonstrated the dramatic effects of solar activity on space operations. <br /><br />While the untimely loss of Binar-2, 3 and 4 was unfortunate, work has already begun on future missions. They are expected to launch into far more forgiving space weather. (The Conversation).

Right now, the Sun is far more active than predicted - and small satellites are paying the price

<ul class="summary-list"><li>So far this year in the EU, wind and solar generated more electricity than fossil fuels.</li><li>Renewable energy met 50% of EU's power needs while fossil fuels met 27%, an Ember analysis found.</li></ul><p>For the first time, wind and solar generated more of the European Union's electricity than fossil fuels during the first half of the year.</p><p>Wind and solar accounted for an all-time high of 30% of the region's energy needs, <a target="_blank" href="https://l.businessinsider.com/u/click?_t=c8e10479a20f45bba5aad6c5f6fbb009&amp;_m=ZnrNxVqwnFMueGbLncJuAuDabJMBt5oFp&amp;_e=DrjEVSA8twutsmKnFEYiObpcG8HAd5Khu9DzJhWI1jKQrZSU47NpvAi3EelOn56l0d-kjcJpIhHOGRZfHYlnuDelFXOzvHbD_zs0a7QOFQ8z7u9_7cynOR91rLd0fR6Y48Hj_8n7WmcpbFqdJXG3cdqOMvGV98qe4zCtc_OkLyVivBKk-WB_hlpCePc2gXJwc8tvwdRSnmvjfU6QsausQh6c5BXfLawYk6X_MAayMO_aSOuosARFTvpz-LjzzdEUhVmHRUYX32p91pIMg115ZT_g76PjqtzD-9qwfj0fvBfCad9RI72mo2hKDjo3Ot7dUR0DLeAIESJtClKTQghWwNAGbRowO8BkJ6J60d0SaMh_NbXB3bhRu531nxT078inXDLLSXUEpXJyjzCiCHJW1A%3D%3D"><u>according to an analysis by the think tank Ember</u></a>. Oil, gas, and coal contributed a combined 27% of power — a 17% drop compared with the same period in 2023.</p><p>It's a remarkable milestone considering that two years ago, Europe was racing to import gas because Russia cut off supplies following its invasion of Ukraine. Gas prices spiked and demand dropped. Since then, demand has started to rebound, and it's being met with renewables. Hydropower made a comeback after drought eased in certain parts of the EU, meaning that when combined with wind and solar, renewables generated half the bloc's electricity in the first half of the year.</p><p>"Milestones like this point towards a very clear direction of travel," Chris Rosslowe, an analyst at Ember, told Business Insider. "The question is not if, but when, renewables will dominate the European power system."</p><p>The trend raises questions about the rapid build-out of gas-export terminals, known as LNG terminals, in the US and Canada to ship more fuel to Europe. Ember found that so far this year, gas generation in the EU dropped 14% compared with the same period in 2023, even as electricity demand ticked up. A mild winter helped, but the rise of renewables pushed out fossil fuels in countries like Germany, Spain, France, the Netherlands, and Belgium.</p><p><a target="_blank" href="https://l.businessinsider.com/u/click?_t=c8e10479a20f45bba5aad6c5f6fbb009&amp;_m=ZnrNxVqwnFMueGbLncJuAuDabJMBt5oFp&amp;_e=DrjEVSA8twutsmKnFEYiObpcG8HAd5Khu9DzJhWI1jLkQpmfsgRzS5IVBo7tvu_7EcCA7zzwPX3K8ncAfQkkPqyCY76iHT8IQbIKGHCCQeeC7XgADeKZg0Xyn29dnhuE4vuWEYo5bKXJkbXS7iAX9l23nYkIHkLo23TdOrjzbT0jdPe6z5d3YurN21yr3NsB0kRj4D5cedKRMUqI_we8HR-dBpdMJW0r1L4u0b7GMuOjDI1nwRps5MmmhiQF1LmincNgpAlraRQaWTawJZN0gF5CEARDbZh8g9WtgTf4T-GOxX8em4736ohkB7Vf7KMJQtwd582MjhC9xFpPNEQ5T6_lpIvsgKi1R2mR3fqrCn_eBTjJ1Dcmd5LiEHfbZI8FlqlNB3bggVuS8_obXEVgnQ%3D%3D"><u>In a separate report</u></a>, Ember forecasted a global LNG supply glut by 2026 and a substantial drop in EU gas demand by 2030.</p><p>"There was an urgent, short-term need to diversify gas supply sources in Europe when Russia invaded Ukraine," Sarah Brown, Ember's Europe program director, said. But the rush to increase LNG exports from places like the US ignores the reality of rapidly declining gas demand in Europe, she added.</p><p>"It is now clear that the global supply of LNG that is online and under construction far outweighs projected demand," Brown said.</p><p>In 2023, the US became the largest LNG exporter in the world, surpassing Australia and Qatar, <a target="_blank" href="https://l.businessinsider.com/u/click?_t=c8e10479a20f45bba5aad6c5f6fbb009&amp;_m=ZnrNxVqwnFMueGbLncJuAuDabJMBt5oFp&amp;_e=DrjEVSA8twutsmKnFEYiOV6x2Rb4s-g1bOzk-dA1nG7aUge4A5I_qX_RO_bYgXHEkukR5LwS3YASqKytZ6JRhFowRXH1zAeFmrD3iklyjfbV3pauCkyR8m44FQw_oQgkKbZZ9vDEz0utOLATGDrl5mqcvFC_xfr_1cEudsYZFJNcQSbDasZGalBGuuqKqP5MccGz5D0YkOmiWs3Xg1JSWONk0AMUJfHJXRBxDyF2XU8bBV3E6qHH8a2yfQxjehdO1G-fFLuvEiBmRBevtNW9-RsurF2cHKegBOit7QvnADbWfmt-eqSUDkwQIusi1P2TOJu7OmFWgOGct_XbniglADNo3d7Hm9x6t0JxGZlvyCA%3D"><u>according to the US Energy Information Administration</u></a>. Europe is the main destination for those exports and demand is expected to rise through this year. Shipments to Asia are also growing. Five new LNG terminals are under construction in the US, and more than a dozen more could be on the way depending <a target="_blank" href="https://l.businessinsider.com/a/click?_t=c8e10479a20f45bba5aad6c5f6fbb009&amp;_m=ZnrNxVqwnFMueGbLncJuAuDabJMBt5oFp&amp;_e=DrjEVSA8twutsmKnFEYiObeUF_ZwpLGnhr0MUKMpsUyA96BruMRfPDrAZ0k9_7XgqLj_1TKZzT-pOrPIn2SECFhd6L0WgreMY3DNnHLgZnHWNRHbspKh2Y2ZdAA-EHB--kTGMeuvr8XPdZdkXRD-vpWGu1GfuYNYvBJtCdxBahYXMGtbY9byj8In6EYhDCQXuifp23eypwwkVIjMgyB10EGd4lQNwqNTsBGWlJdQRNVFywncpSehpNiWc_OoKt-AkAtzpVSUflsNCUX8OjNxDe8g5A_DRIpEqU8hOP3AIOD-l-o7j3OnBiRPO-4_2-JrLmr-v9lcXaZYsOr3FOAWtnPkuSKZbJVfLRGmupgijvEbPGhQe32FZTxU6hdVli7GLuSuZJI8jWqecv4wGE1KhnlZeNtjuLNvyAihi5VBS9c%3D"><u>on the outcome of a Biden administration review</u></a> of their climate impacts.</p><p>But the gas could eventually have trouble finding a home in European countries like Germany, which added the most wind and solar capacity of any EU member during the first half of the year. Germany also closed 15 coal power plants in April and imported more nuclear electricity from France.</p><p>Rosslowe said that Germany's transition away from fossil fuels reflects policy decisions made several years ago. In 2021, the government set more ambitious goals to reduce greenhouse-gas emissions, including phasing out coal by 2030, and changed some permitting rules to speed up the construction of solar and wind projects.</p><p>Ember's report said that while it's unclear how swiftly fossil-fuel use will drop across Europe, a pipeline of solar and wind projects suggests this tipping point could be permanent.</p>

Russia's war pushed Europe to a tipping point on wind and solar

<ul><li>Apollo Green Energy is expected to announce its initial public offering (IPO) in 2025.</li><li>The company, a part of the Apollo International Group aims to build a <keyword id="23806914" type="General" weightage="20" keywordseo="10000-crore-project-portfolio" source="keywords">₹10,000 crore project portfolio</keyword>.</li><li>The company currently has an order book of ₹3,500 crore.</li></ul>Apollo Green Energy Ltd (AGEL), part of Apollo International Group, on Tuesday said it is preparing for a public listing next year to support its expansion plans and secure new projects. Also, the company is set to build a ₹10,000-crore project portfolio by 2025.<br /><br />"With over 200 professionals and an order book of ₹3,500 crore, we are focused on delivering projects that meet the nation's energy needs and promote sustainability. Our upcoming IPO in 2025 will further strengthen our financial base, enabling us to scale our operations and invest in cutting-edge renewable technologies," said Sanjay Gupta, CEO, Apollo Green Energy.<br /><br />AGEL is a leading Engineering, Procurement, and Construction (EPC) company specializing in renewable energy, providing a range of solutions that includes utility-scale solar, energy storage systems, green hydrogen initiatives, and hybrid power.<br /><br />Operating in eight states, the company manages a diverse portfolio of projects, including 400 MW of solar installations.<br /><br />The company has been involved in the execution of Flue Gas Desulfurization (FGD) systems to reduce sulfur dioxide emissions, a major contributor to pollution, in power generation. This project, valued at approximately Rs 700 crore, is nearing completion.<br /><br />"Currently, we are executing a large utility-scale solar project which requires different technical expertise, like we are doing 40 MW solar fixed tilt in Odisha, 50 MW floating solar project (first of its kind)in Kerala and 200 MW solar with tracker technology in Gujarat.<br /><br />"We are also executing a 1,50,000 smart solar street lights project in Bihar. Going forward, AGEL will also expand its footprint in wind, hybrid, green Hydrogen and battery storage solutions." Gupta added.<br /><br />AGEL aims to play a crucial role in supporting India's clean energy goals.<br /><br />By focusing on solar, green hydrogen, and hydro energy projects, the company not only supports the nation's energy transition but also delivers long-term value for stakeholders, the company said.<br /><br />With revenue growth from Rs 324.83 crore in FY22 to Rs 1,174.77 crore in FY24, AGEL is poised to sustain this momentum through FY25, underscoring its commitment to operational efficiency.<br /><br />In addition, AGEL is also forming strategic partnerships with technology providers and exploring options to produce its own solar modules. These moves will help the company expand its capabilities in renewable energy and keep projects cost-effective, all while contributing to India's vision for a cleaner energy future.<br /><br /><em>With inputs from PTI.</em><br /><br /><strong>SEE ALSO:<br /><br /><a href="https://www.businessinsider.in/tech/mobile/news/realme-gt-7-pro-with-snapdragon-8-elite-6500mah-battery-to-launch-in-india-on-november-26/articleshow/114945858.cms">Realme GT 7 Pro with Snapdragon 8 Elite, 6,500mAh battery to launch in India on November 26</a><br /><br /><a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms">Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away</a><br /><br /></strong><a href="https://www.businessinsider.in/business/auto/news/october-auto-sales-maruti-suzuki-and-tata-motors-report-a-decline-mahindra-continues-to-grow/articleshow/114931927.cms"><strong>October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow</strong></a><br />

Apollo Green Energy to go public next year – aims to build ₹10,000 crore project portfolio

<keyword id="20196387" type="General" weightage="20" keywordseo="avaada-group" source="keywords">Avaada Group</keyword> on Monday said it has committed investments worth Rs 40,000 crore for development of 6,000 MW hybrid <keyword id="3418615" type="General" weightage="20" keywordseo="wind-solar" source="Orion">wind-solar</keyword> projects in <keyword id="19906863" type="General" weightage="20" keywordseo="gujarat" source="keywords">Gujarat</keyword>. The agreement was signed in the presence of Gujarat Chief Minister Bhupendrabhai Patel on the sidelines of the Vibrant Gujarat Global Summit 2024 on January 10-12 at Gandhinagar, a company statement said. <br /><br /> According to the statement, <keyword id="20197400" type="General" weightage="20" keywordseo="avaada" source="keywords">Avaada</keyword> Group has signed a Memorandum of Understanding (MoU) with the <keyword id="6370685" type="General" weightage="20" keywordseo="gujarat-government" source="Orion">Gujarat government</keyword>. <br /><br /> This <keyword id="116175" type="General" weightage="20" keywordseo="strategic-alliance" source="Orion">strategic alliance</keyword> aims to set up hybrid wind-solar projects with an aggregate 6,000 MW (6 GW) capacity in the state with an investment of about Rs 40,000 crore. <br /><br /> The group's commitment to green initiatives in Gujarat is underscored by substantial investments in the development of a robust renewable energy ecosystem. <br /><br /> The <keyword id="6476394" type="General" weightage="20" keywordseo="hybrid-projects" source="Orion">hybrid projects</keyword>, located in various districts of Gujarat, predominantly in the underdeveloped wastelands of Kutch, will supply power to various utilities of India including GUVNL (Gujarat Urja Vikas Nigam Ltd), and for captive use of Avaada's green hydrogen/ammonia projects. <br /><br /> These projects will substantially reduce the carbon emissions and dependability of conventional power sources. <br /><br /> With an estimated annual generation of 17.5 billion units of green electricity, this will lead to a reduction of approximately 16.3 million tonnes of CO2 equivalent emissions annually, contributing significantly to India's green energy supply and powering nearly 12.6 million households. <br /><br /> Moreover, it will generate 1,200 direct and indirect jobs, thereby contributing to local and regional economic development. <br /><br /> "This strategic partnership signifies our unwavering commitment to foster a robust, clean energy ecosystem. Besides the signing of the new 6 GW capacity in the state, we already have projects of 2 GW capacity that are operational or at various stages of implementation in the state of Gujarat," Vineet Mittal, Chairperson of Avaada Group, said in the statement. <br /><br /> Avaada Group is into production of solar modules, renewable power generation, and the development of large-scale projects for green hydrogen, green methanol, green ammonia, and sustainable aviation fuel.

Avaada Group to invest Rs 40,000 cr to develop 6 GW hybrid renewable projects in Gujarat

As the global urgency to combat <keyword id="19907392" type="General" weightage="20" keywordseo="climate-change" source="keywords">climate change</keyword> intensifies, all eyes are on India's <keyword id="19955368" type="General" weightage="100" keywordseo="Budget-2024" source="keywords">Budget 2024</keyword>, as there’s no better way to walk the talk than allocating funds. Speculation is rife about the potential measures the government may introduce to accelerate the transition to a sustainable energy future — a move that is supremely necessary after the slew of deadly climate catastrophes that we saw last year.<br /><br />India’s Union Budget 2024 will be presented by Finance Minister Nirmala Sitharaman in a couple of days, and is expected to reflect the nation’s commitment to achieving <keyword id="21280854" type="General" weightage="20" keywordseo="net-zero-carbon-emissions" source="keywords">net-zero carbon emissions</keyword> by 2070. Here are some of the key initiatives from the interim budget that was presented in February earlier this year, along with their anticipated impacts!<br /><h2>Rooftop Solarisation</h2>One of the most talked-about initiatives is the ambitious rooftop solar programme, which aims to provide free electricity up to 300 units per month to one crore households. If implemented, this move will help in not only cutting down energy bills — a godsend for the middle- and lower-income folks — but will also give households a chance to generate and even sell their surplus power.<br /><h2>Electric Vehicle (EV) Ecosystem</h2>Charging up the electric vehicle movement, the interim budget included measures to expand EV manufacturing and infrastructure in the country. The move aimed to accelerate the adoption of <keyword id="19895203" type="General" weightage="20" keywordseo="electric-vehicles" source="keywords">electric vehicles</keyword>, reducing emissions from the transport sector and making your commute cleaner and greener. Additionally, the government seemed keen on encouraging the adoption of electric buses to make urban travel more eco-friendly.<br /><div type="Article" hostid="261" msid="111855546" title="Budget 2024: How will budget affect India’s position in the global space race?" mstype="2" mssubtype="0"></div><br /><h2><keyword id="20495045" type="General" weightage="20" keywordseo="offshore-wind-energy" source="keywords">Offshore Wind Energy</keyword></h2>Riding the winds of change, the interim budget introduced a viability gap funding for 1 GW of offshore wind energy. As per the Finance Ministry, this initiative aims to harness the power of India’s vast coastline, pushing the envelope on <keyword id="19895602" type="General" weightage="20" keywordseo="renewable-energy" source="keywords">renewable energy</keyword> and reducing our fossil fuel dependency.<br /><h2><keyword id="22499996" type="General" weightage="20" keywordseo="national-green-hydrogen" source="keywords">National Green Hydrogen</keyword> Mission</h2>The interim budget also supercharged the National Green Hydrogen Mission with a massive boost to Rs 600 crore from last year’s Rs 297 crore. The government has continually insisted that Green Hydrogen is set to become the fuel of the future, and this announcement supports its development and adoption, paving the way for cleaner industrial processes.<br /><h2>Coal Gasification and Liquefaction</h2>Switching up the coal game, the interim budget plans to set up coal gasification and liquefaction projects that will be able to process 100 metric tonnes by 2030. These projects aim to make the most out of coal in a cleaner way, especially by reducing our reliance on imported natural gas and slashing emissions.<br /><div type="Article" hostid="261" msid="111827903" title="Union Budget 2024 for Railways: Expectations focused on improving passenger safety, experience, infrastructure" mstype="2" mssubtype="0"></div><br /><h2>Bioenergy and Biomass Aggregation</h2>Turning waste into wealth, the interim budget has also promised additional financial assistance for biomass aggregation. This, they explain, will help in creating a sustainable model for managing agricultural waste, promoting bioenergy production and giving farmers a new revenue stream.<br /><h2>Research and Development (R&amp;D)</h2>In a nod to innovation, the interim budget allocated a whopping Rs 1 lakh crore for interest-free financing in “sunrise” R&amp;D for emerging <keyword id="19931192" type="General" weightage="20" keywordseo="green-technologies" source="keywords">green technologies</keyword>. If the government follows through on this promise, the funding could catapult a wave of innovation, supporting the transition to a sustainable energy future.<br /><br />By focusing on renewable energy, reducing carbon emissions, and supporting green technologies, India’s initial budget allocations seem to be taking significant strides towards its net-zero goal. Whether this will ultimately pan out to become a greener and more resilient future for its citizens remains to be seen.<br />

Budget 2024: Key sustainability and energy initiatives that Indian government plans to implement this year

French energy giant <keyword id="11344358" type="General" weightage="20" keywordseo="totalenergies" source="Orion">TotalEnergies</keyword> has invested USD 300 million in a <keyword id="34553" type="General" weightage="20" keywordseo="renewable-energy" source="Orion">renewable energy</keyword> <keyword id="6373972" type="General" weightage="20" keywordseo="joint-venture" source="Orion">joint venture</keyword> with <keyword id="4343578" type="General" weightage="20" keywordseo="adani-green" source="Orion">Adani Green</keyword> Energy Ltd. In a statement, AGEL said it completed "1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects." <br /><br /> This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. <br /><br /> The JV houses the 1,050 MW portfolio comprising a mix of already operational (300 MW), under construction (500 MW) &amp; under development assets (250 MW) with a blend of both <keyword id="45681" type="General" weightage="20" keywordseo="solar" source="Orion">solar</keyword> and <keyword id="43948" type="General" weightage="20" keywordseo="wind" source="Orion">wind</keyword> power projects in India. <br /><br /> "Wth this transaction, TotalEnergies has reinforced its strategic alliance with AGEL and support in enabling AGEL's target of 45 GW capacity by 2030." It added.

TotalEnergies invests USD 300 million in Adani Energy project

The Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, places significant emphasis on <keyword id="19941381" type="General" weightage="20" keywordseo="energy-security" source="keywords">energy security</keyword> and sustainability. As per the government, the current strategy will focus on ensuring that energy resources are readily available, making energy affordable for all citizens and keeping energy costs low to prevent economic strain on consumers.<br /><br />Here's a breakdown of the key initiatives announced:<br /><h2>PM Surya Ghar Muft Bijli Yojana</h2>One of the standout initiatives is the PM Surya Ghar Muft Bijli Yojana. This program aims to install <keyword id="20366573" type="General" weightage="20" keywordseo="rooftop-solar-plants" source="keywords">rooftop solar plants</keyword> across 1 crore households, providing up to 300 units of free electricity per month. As per the FM, the scheme has already seen significant interest, with over 1.28 crore registrations and 14 lakh applications.<br /><h2>Pumped Storage Policy</h2>To enhance electricity storage capabilities and integrate more <keyword id="19895602" type="General" weightage="20" keywordseo="renewable-energy" source="keywords">renewable energy</keyword> into the grid, the government will introduce a policy promoting pumped storage projects. These projects are crucial for balancing the intermittent nature of renewable energy sources like wind and solar power.<br />  <div type="Article" hostid="261" msid="111956035" title="Union Budget 2024: What FM Nirmala took from your pocket, what she gave you" mstype="2" mssubtype="0"></div><br /><h2>Development of <keyword id="20876045" type="General" weightage="20" keywordseo="nuclear-energy" source="keywords">Nuclear Energy</keyword></h2>Recognising the importance of nuclear energy in India's future energy mix, the government plans to invest in new nuclear technologies. The announcement also mentioned partnering with the private sector to develop and set up Bharat <keyword id="20260886" type="General" weightage="20" keywordseo="Small-Modular-Reactors" source="keywords">Small Modular Reactors</keyword>.<br /><br />Boasting up to a 300 MW capacity, Small Modular Reactors are mobile, flexible in design and require a smaller footprint. Unlike conventional nuclear reactors that need to be built on-site, SMRs can be factory-built. These advantages can add up to significant savings in cost and construction time.<br /><h2>Advanced Ultra Super Critical Thermal Power Plants</h2>The Budget highlights the completion of indigenous technology development for Advanced Ultra Super Critical (AUSC) thermal power plants. These plants boast higher efficiency and will be established through a joint venture between the National Thermal Power Corporation and Bharat Heavy Electricals Limited. The initiative includes government support for fiscal needs and aims to boost local production of high-grade steel and advanced metallurgical materials.<br /><h2>Roadmap for Hard-to-Abate Industries</h2>A significant shift is planned for industries that are difficult to decarbonise. The government will move these industries from energy efficiency targets to emission reduction targets. This transition will be regulated through the Indian Carbon Market, replacing the current '<em>Perform, Achieve and Trade</em>' mode.<br /><h2>Support for Traditional Micro and Small Industries</h2>To promote cleaner energy usage and efficiency, the government will conduct energy audits in 60 clusters of traditional micro and small industries, including brass and ceramics. Financial support will be provided to help these industries switch to cleaner energy forms and implement energy efficiency measures. This initiative will be expanded to 100 more clusters in the next phase.<br /><br />As per Sameer Jain, Managing Director at Primus Partners, MSMEs consume approximately 50% of the nation's power needs while generating over 75% of greenhouse gas emissions. As a result, additional support — such as climate financing — will be crucial to ensure that the MSME sector adapts well to the green revolution, especially with how the budget has committed support to MSMEs to grow and compete globally.<br />  <div type="Article" hostid="261" msid="111953230" title="Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharaman reduces basic customs duty to 15%" mstype="2" mssubtype="0"></div><br /><h2><keyword id="22521154" type="General" weightage="20" keywordseo="climate-resilient-crops" source="keywords">Climate-Resilient Crops</keyword></h2>The government will release 109 high-yielding and climate-resilient varieties of 32 field and horticultural crops for cultivation by farmers. With the provision of research funding, including for the private sector, this move is part of a broader strategy to enhance agricultural productivity while adapting to climate change.<br />  <div type="Article" hostid="261" msid="111957080" title="What does Union Budget 2024-2025 have in store for farmers and the agricultural sector?" mstype="2" mssubtype="0"></div><br /><h2>Minerals for Green Technologies</h2>To support the growing demand for minerals used in green technologies, such as cobalt and lithium, the budget proposes exemptions from custom duties for 25 critical minerals and reduction on basic customs duty for two other essential metals. This move aims to bolster the domestic manufacturing of batteries and other components crucial for electric vehicles and renewable energy technologies.<br /><h2>Development of Climate Taxonomy</h2>A new climate taxonomy will be developed to guide the green transition, ensuring that investments and policies are aligned with the goal of reducing carbon emissions and promoting sustainable practices. <br /><br />All in all, the Union Budget 2024-25 sets a promising course for India's energy and sustainability sector. With substantial investments and new initiatives, it aims to accelerate the transition to a greener future, and hopefully take us a step further towards India's net-zero emissions target by 2070.<br />

Free solar electricity to mobile nuclear plants — major sustainability initiatives announced in Budget 2024!

<keyword id="20357709" type="General" weightage="20" keywordseo="Tata-Power-Renewable-Energy" source="keywords">Tata Power Renewable Energy</keyword> Ltd (TPREL) has joined hands with state-owned <keyword id="22457046" type="General" weightage="20" keywordseo="NHPC-Renewable" source="keywords">NHPC Renewable</keyword> Energy Ltd (NHPC-REL) for installation of rooftop <keyword id="20297569" type="General" weightage="20" keywordseo="solar-projects" source="keywords">solar projects</keyword> on government buildings of central ministries, states, and union territories. "This collaboration represents a major step forward in our shared vision of a sustainable and <keyword id="19895435" type="General" weightage="20" keywordseo="green-energy" source="keywords">green energy</keyword> future. By leveraging our combined strengths, we are confident in achieving our goal of 100 per cent solarisation by 2025," Nanda said. <br /><br /> A Memorandum of Understanding (MOU) in this regard was signed on July 17, 2024 between Deepesh Nanda, CEO &amp; MD of TPREL, and S P Rathour, CEO of NHPC-REL, TPREL said in a statement. <br /><br /> "This initiative will not only help us meet our solarisation targets but also contribute significantly to reducing the carbon footprint of government buildings," NHPC CMD R P Goyal said. <br /><br /> An arm of Tata Power, TPREL is a developer of renewable energy projects including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, and storage systems including battery storage. It owns, operates, and maintains these projects.<br /><br /><b>SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/webstories/samsung-galaxy-m35-5g-with-6000mah-battery-launched-in-india-starting-at-16999/slidelist/111806447.cms" target="_blank"></a></b><br /><br /> <b><a href="https://www.businessinsider.in/tech/mobile/webstories/samsung-galaxy-m35-5g-with-6000mah-battery-launched-in-india-starting-at-16999/slidelist/111806447.cms" target="_blank">Samsung Galaxy M35 5G with 6,000mAh battery launched in India starting at ₹19,999</a><a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-nord-4-vs-realme-gt-6t-which-mid-range-phone-should-you-buy-under-35000/slidelist/111803604.cms" target="_blank"></a></b><br /><br /> <b><a href="https://www.businessinsider.in/tech/mobile/webstories/oneplus-nord-4-vs-realme-gt-6t-which-mid-range-phone-should-you-buy-under-35000/slidelist/111803604.cms" target="_blank">OnePlus Nord 4 vs Realme GT 6T – which mid-range phone should you buy under ₹35,000?</a><a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-and-airtel-added-3-45-million-subscribers-in-may-2024-while-vi-lost-nearly-a-million/articleshow/111800758.cms" target="_blank"></a></b><br /><br /> <b><a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-and-airtel-added-3-45-million-subscribers-in-may-2024-while-vi-lost-nearly-a-million/articleshow/111800758.cms" target="_blank">Reliance Jio and Airtel added 3.45 million subscribers in May 2024, while Vi lost nearly a million</a></b>

You Searched For "solar wind" and got 10 results

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