New Zealand scaled back its target for reducing carbon emissions on Friday, saying the move was an interim step ahead of a new United Nations pact from 2020.

Tata Power, the utility business of India’s largest conglomerate, the Tata Group, is ramping up its clean energy portfolio as it seeks to reduce its carbon footprint generated from fossil fuels as

Saudi Arabia, world’s largest oil exporter, aims to meet one-third of its energy demands by using renewable energy by 2032, setting aside a budget of $109 billion for achieving the goal.

The Centre of Excellence for Geothermal Energy (CEGE) at the Gujarat-based Pandit Deendayal Petroleum University (PDPU), an industry-government initiative to create a talent pool for the energy fie

Tata Power has a minority stake in Australia-based Geodynamics, a leading player in Enhanced Geothermal System technology

Strengthening its overseas footprint, Tata Power along with Geodynamics have commissioned a 1 MW geothermal plant in Australia.

21 lakh renewable energy certificates lie unsold with project developers

Renewable energy projects — once lucrative enough to attract even alcohol makers and farm traders — are feeling the heat as a key attraction, the market for green certificates issued to developers, has collapsed alarmingly, casting a shadow on India’s ambitious plan for solar, wind and small hydro projects.
Until a year ago, it seemed a seller’s market in state-promoted Renewable Energy Certificates (REC) as power distribution companies in states were asked to buy 5%- 10% of their electricity from renewable sources or buy RECs instead. Project developers are granted one certificate for every 1,000 units of electricity generated from renewable sources.

The Exim Bank today said it has signed an agreement for a 20-year €150 million loan from the European Investment Bank (EIB) to support projects that contribute to climate change mitigation.

The Geological Survey of India (GSI) has intensified exploration of rare earth minerals such as platinum, gold and tungsten, said A Sundaramoorthy, Director General of GSI, here on Wednesday.

Noting that there was a shortage of fertiliser minerals and geo-thermal energy sources, he said GSI was developing technologies to extract deep-seated metal deposits.

Jammu and Kashmir is seeking allocation of a coal block from the Union Ministry of Coal under government dispensation route for setting up of a Pit-Head Thermal Power Plant of 1000 MW capacity to meet the energy needs of the state.

Chief Minister Omar Abdullah, on whose directions the State Power Development Corporation (JKSPDC), has initiated action on the initiative, today received a detailed brief on the proposed project at the 68th meeting of the Board of Directors of the JKSPDC, which he chaired here.

Initial exploration and drilling to be funded by Development Bank of Ethiopia as part of World Bank collaboration

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