UN lauds global progress in green energy, calls for more action
The Dollar Business Bureau It has been a little over one year since the Paris deal on Climate change was signed in December 2015, and only a few months since it came into effect after being ratified by around 130 nations. The UN Secretary General, Antonio Guterres, drew attention to the fast expanding clean energy revolution at a UN General Assembly event on March 25, 2017. The international peace-keeping mission leader emphasized India's long strides in augmenting renewable energy capacity, as he spoke about India's target to almost double renewable power capacity to 18GW in 2017. He mentioned that more than half of the new capacity in energy generation worldwide was being created in the green fuel sector. In Europe, the share is more than 90%. While there are ...
India's solar power capacity crosses 10 GW: Piyush Goyal
The Dollar Business Bureau India's solar power generation capacity reported a multi-fold surge, as it crossed the 10,000 MW mark on March 10, 2017. It stood at 2,650 MW in mid 2014. "Bright Future: India has crossed 10,000 MW of Solar power capacity today. More than 3 times increase in less than 3 years," New and Renewable Energy Minister, Piyush Goyal, declared. The crossing of 10 GW milestone is a stepping stone to attaining the proposed goal of 100 GW solar power capacity by 2022. India aims to augment its overall renewable energy generation capacity to 175 GW by 2022. The transparent and fiercely competitive auctioning of solar and wind energy capacity recently brought down unit prices of renewable energy to multiple year lows recently. While ...
Developed nations must come up with pre-2020 action plans on climate change
The Dollar Business Bureau In view of the upcoming Paris Conference 2015on climate change, India urged the developed countries to announce their pre-2020 action plans saying, ‘It will be ironical that we formulate post-2020 architecture without finalizing pre-2020 action plan.’ A statement in this regard was made by Prakash Javadekar, Minister for State (Independent Charge) of Environment, Forest and Climate Change, on Monday. Addressing the Sixth Petersberg Climate Dialogue at Berlin, the Indian Minister said, “The developed countries should present their ambitious targets for pre-2020 action and roadmaps for the same well before Paris.” Ambitious pre-2020 actions of developed countries will create the carbon space for the developing world, as every poor person has the right to equitable access ...
