2030

Airports To Become Carbon Neutral By December 2024

The government is aiming to make Most Indian airports carbon neutral by December 2024 and achieve Net Zero emissions by 2030. Rubina Ali, joint secretary, Ministry of Civil Aviation, recently wrote to the CEOs of the private airports and the Airports Authority of India (AAI) to submit a plan to achieve net zero. Her letter […]

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US and Germany Set Offshore Wind Target Of 30 GW By 2030

Close on the heels of the G7 meeting in Berlin, German and US officials last week inked a joint declaration on how to walk together in the area of climate and energy, after forming four working groups earlier this year in preparation for the partnership, two of which are specifically dedicated to offshore wind and […]

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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030

ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […]

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EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF

CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […]

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Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition

Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […]

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Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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APAC Power Sector Could Attract $1.5 Tn in Investments by 2030: WoodMac

A new report shows that the power generation sector in APAC could attract USD 1.5 trillion worth of investments over the decade ending 2030. The latest report by research agency Wood Mackenzie shows that the power generation sector in the Asia Pacific (APAC) could attract USD 1.5 trillion worth of investments over the decade ending […]

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Uber to be Fully Zero-Emission by 2040, 100% EVs by 2030

Uber has committed to becoming a fully zero-emission platform by 2040, and for 100% of rides take place in EVs in US, Canadian, and European cities by 2030 Taking a cue from possibly the only positive outcome of the global lockdown due to Covid i.e. the one on the climate, with emissions in some months […]

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