Energy Transition

Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA

The recent report on energy transition released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key driver in achieving […]

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Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022

Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […]

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Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO

The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of  Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […]

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Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium

LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is  amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […]

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G20 Countries Should Strengthen Mainstreaming Of DRE: CEEW

A recent report released by the Council on Energy, Environment and Water (CEEW) exhorted the G20 countries to take steps towards mainstreaming distributed renewable energy (DRE). The report was released on the sidelines of the 14th Clean Ministerial (CEM) in Goa. The report identified and collated the emerging good practices to mainstream DRE solutions. The […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Developing Countries Yet To Explore Critical Minerals: IRENA Report

A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’.  The report said that developing countries with higher reserves […]

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Odisha Most Prone To The Adverse Impacts Of Net Zero Ambitions: Report

A latest report by the Climate Policy Initiative (CPI) claimed that Odisha is the country’s most vulnerable state regarding the adverse impacts of India’s net-zero ambitious net-zero plans. The international think-tank, in their ‘vulnerability assessment report,’ studied the risks faced by India’s coal-bearing states.  It comes with the anticipated phasing out of coal and an increase in […]

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Power Minister Meets French Delegation, Discusses Energy Transition Collaboration

Union Minister for Power R. K. Singh recently held a meeting in New Delhi with Chrysoula Zacharopoulou, Minister of State for Development, Francophonie, and International Partnerships, attached to the Minister for Europe and Foreign Affairs. The minister, who also holds the additional portfolio of the New and Renewable Energy also met Emmanuel Lenain, Ambassador of […]

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