Renewable Energy
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Thanks To IRA, US Renewables Investment To Surpass $100bn
The flagship legislation, the Inflation Reduction Act, which is focused on speeding up decarbonization in the US, will push the annual renewables investment from $64 billion to almost $114 billion by 2031, as per a recent report. Boom Time:...
News & Press Releases
$1 Trillion Breach For Investments In Clean Energy Tech
Over $1.4 trillion was invested in clean energy technologies in 2022, representing over 70% of the growth in annual energy investment, up from $1 trillion in 2015.
The International Energy Agency stated in a research report that more than 80%...
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India Approves $2.4bn Green Hydrogen Sector Incentive Plan
In an effort to reduce emissions and establish itself as a major exporter of green hydrogen, India authorised an incentive programme worth 197.4 billion rupees ($2.4 billion) on January 4.
Hydrogen that is renewable or green can be utilised as...
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Stepped Up Renewables Construction Prime To Meet 2030 Goal
Construction on renewable-based capacity must be dramatically expedited if Europe is to obtain up to 40% of its energy from renewable sources by 2030 and avoid a worsening energy crisis.
Large and sophisticated renewable building projects are frequently undertaken, and...
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IEA Says Clean Energy Spending At $1.2T By Nations Globally
According to research by the International Energy Agency, government spending has increased significantly since the pandemic began as a result of the energy crisis, reaching $1.2 trillion globally.
Over $500 billion more has been invested in clean energy spending only...
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DEWA Exceeds Its Carbon Emission Goal For 2021 By 31.25%
Through its sustainability initiatives, Dubai Electricity and Water Authority (DEWA) was able to cut carbon emissions by 21%ย in 2021, exceeding the plan's 16% objective by a staggering 31.25%.
These statistics were part of DEWA's Ninth Sustainability Report 2021, which emphasised...
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Lofty 2070 Zero Emission Aim of India Needs $10 Trillion
At the UN Climate Summit COP 26 in Glasgow on November 1, 2021, Prime Minister Narendra Modi said that India would achieve the net zero emission goal by 2070. As per experts, achieving this aim was rather ambitious but...
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