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Trump as US president will deepen climate crisis: Policy experts
Donald Trump’s potential return to the US presidency has prompted apprehension regarding America’s climate policy trajectory. During his first term, the United States withdrew from the Paris Climate Agreement, casting doubts on its commitment to global climate efforts. Trump has also been critical of climate finance mechanisms, such as the Green Climate Fund, labelling them as unfavourable wealth redistribution schemes while endorsing expanded fossil fuel production. Following his re-election, Trump has promised to increase domestic…
Kundan Green commissions Luni hydropower plant
Kundan Green Energy has commissioned its hydropower plant at Luni in Dharamshala district, Himachal Pradesh, in a record 24 months. With this addition, the company’s operating hydropower capacity reaches 85 MW. Kundan Green Energy operates four hydro plants in Sikkim, with three larger projects under construction. Including its solar and wind projects, the total installed capacity now stands at 120.5 MW. The Luni project, awarded in 2022, was developed with an investment of approximately Rs…
Kibo Energy to acquire renewable energy assets from ESGTI
Kibo Energy has signed a binding term sheet with Swiss company ESGTI for a reverse takeover to acquire a diverse portfolio of renewable energy projects. The deal targets a generation capacity of 20 GW across Europe and Africa within six years, encompassing 36 development projects in 15 countries. Valued at €400 million ($445 million), the acquisition marks Kibo’s strategic shift away from coal and waste-to-energy projects in Sub-Saharan Africa, managed by its subsidiary Kibo Mining…
Vestas secures 134 MW wind turbine order from Invenergy in Japan
Danish wind turbine manufacturer Vestas has won a 134 MW order from Invenergy for Japan’s Inaniwa Wind Energy Center in Iwate prefecture. This marks Vestas’ largest order in Japan to date. The company will supply and install 32 of its V117-4.2 MW turbines, along with a 20-year Active Output Management 5000 (AOM 5000) service agreement. Deliveries are set to begin in the first half of 2027, with project commissioning expected in the first quarter of…
Madhya Pradesh and Uttar Pradesh to collaborate on 2 GW solar power project
Madhya Pradesh and Uttar Pradesh are set to collaborate on a 2 GW solar power project to address seasonal electricity demands. The project will supply power to Uttar Pradesh in the first half of the year and to Madhya Pradesh in the second half. The solar plant, with a capacity of 2 GW, is proposed to be built in Morena, Madhya Pradesh. Invitations for bids are expected within four months, with construction slated to begin…
MoP urges states to identify sites for nuclear power projects
Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity, aiming to increase nuclear power from 8 GW to 20 GW by 2032. The Minister advised states to repurpose sites of retired coal-based thermal plants for this purpose. At the recent Power Ministers’ conference on 12 November 2024,…