Self-assessment tool for renewable energy action
The Portal for Renewable Energy Action Assessment Metrics is an online rating system which enables businesses to self-assess their renewable energy consumption.
India still nowhere near energy sufficiency
The government is trying to harness renewables to increase domestic output but will need a more liberal energy market and to consider the structure of procurement auctions, cloying red tape and the financial travails of state utilities if it is to achieve its goals, says Rakshika Kaul of Amp Energy India.
Industry leaders pledge near-zero emissions by 2050
Heavy industry players Dalmia Cement (Bharat) and Hindalco are among the companies committed to enhancing energy efficiency, renewable energy, and circular economy across their member companies and supply chains. Other signatories included Siemens Energy India, Thermax, Shell Group of Companies India and Tata Consulting Engineers.
Green finance flows just one-tenth of the actual requirement
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
India reduces energy intensity of economy by 20% compared to 2005
That’s a significant feat for the country which has pledged to bring down the energy intensity of the economy by 33 to 35% compared to 2005 levels by 2030.
