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India is likely to see one of the biggest transformations in the world when it comes to energy transition. There is little debate in the third-largest emitter of greenhouse gases about choosing between fossil fuels and renewables. Rather, India plans to accelerate growth of all fuel types to cater to the rising energy demand. In doing so, its main aim will be to keep balancing energy security, affordability and sustainability
Energy transition highlights: Our editors and analysts bring together everything you need to know about the industry this week, from renewables to storage to carbon prices. China initiated consultations for two new carbon crediting methodologies under its domestic voluntary carbon market called China Certified Emission Reductions, or CCER, to issue credits to projects that utilize coal mine gas and adopt energy-efficient streetlights in highway tunnels, the Ministry of...
Competitive tenders continue to drive pipeline growth for renewables and energy storage projects in India. In the first half, about 70 GW of tenders were announced while 33 GW of capacity was awarded to successful bidders. Capacity awarded was normalized in the second quarter with about 7 GW of renewable projects in competitive tenders, as compared to a record 26 GW during the first quarter
