For renewable energy companies in India, it’s a good time to be in business.
One of India’s largest renewable energy firms, Renew Power, will be among the corporations big and small hoping for a piece of a $2.6 billion government scheme that encourages the domestic manufacturing of components required to produce solar energy. It’s the biggest such incentive in India’s history.
Experts say the task is now to build on this momentum in 2023, strengthen energy grid infrastructure and resolve backend issues which slow down the distribution and transmission of clean energy. A report by the International Energy Agency said that oil prices rose well above $100 per barrel in mid-2022 and high gas and coal prices accounted for electricity cost hikes around the world. But increased use of clean energy saved Asian countries, including China and India, a total of $34 billion in the past year, a separate report found.
India’s coal production increased by about 17% from April to November 2022. Bangladesh increased its imports of natural gas and went ahead with opening thermal powerplants in the country. Germany, a strong advocate of clean energy, turned to coal and oil to address its short term power needs.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
PEZA: P141-B investments exceed targets for 2022 - BusinessMirrorTHE Philippine Economic Zone Authority (PEZA) said it has surpassed its 2022 target, recording P140.7 billion worth of investments from January to December. “We are proud to report that PEZA has approved a total of 198 projects from January to December 2022 which are expected to bring in P140.7 billion worth of investments. This is
Baca lebih lajut »
Cocolife among HR Asia's Best Companies to Work for in 2022 - BusinessWorld OnlineUnited Coconut Planters Life Assurance Corporation (Cocolife) receives recognition as one of the best employers in the country.The life insurance company is part of HR Asia Best Companies to Work for in Asia 2022 (The Philippines Chapter).
Baca lebih lajut »
IN PICTURES: Metro Manila Film Festival 2022 Parade of StarsFans cheered for their idols as the 48th annual Metro Manila Film Festival kicked off with the Parade of Stars in Quezon City on Wednesday, Dec. 21.
Baca lebih lajut »
Skye Chua wins 2nd place at the 2022 Philippine Nationals Figure Skating Championships'Hearts on Ice' actress Skye Chua won 2nd place at the Senior Level Category of the 2022 Philippine Nationals Figure Skating Championships! ❤️
Baca lebih lajut »