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renewable energy investment

Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […]

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Promote RE to Ensure Energy Security & Protect Climate : Naidu

The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […]

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India and Chile Should Jointly Promote Solar Energy Globally : President

Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change.  President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability.  Kovind, who arrived after visiting […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion

According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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India Leaps 2 Places to Surpass China in WEF Clean Energy Index

India has moved up two places to rank 76th on a global energy transition index, which ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. In the clean energy race, Sweden remains on the top on this annual list compiled by Geneva-based World Economic […]

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India, China and US Account For 70% of Rise in Energy Demands: IEA

IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […]

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President Begins International Tour with Trade and Renewable Energy on Agenda

President Ram Nath Kovind has embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen ties in trade, investment and renewable energy. India will be conducting separate bilateral forums with Croatia, Bolivia and Chile during President Kovind’s visit to these countries, from March 25 to April 2, a statement […]

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