South Korea’s presidential front-runner Lee Jae-myung has pledged to keep nuclear power “for the time being,” but plans a long-term shift to renewables if elected June 3 — a stance that could undermine the nation’s atomic energy expansion plans at home and abroad. Lee, a member of the opposition Democratic Party, unveiled an “energy expressway”…
(Bloomberg) — It’s a worst case scenario that grid operators plan for but hope never to encounter. After one of the worst blackouts in Europe in more than a decade, electricity grid operators in Spain and Portugal are trying to get networks back up and running from the ground up. The initial estimate from grid…
Adani Green Energy Q4 Results: Adani Green Energy announced its Janaury to March quarter results for the 2024-25 fiscal on Monday, April 28, 2025. The renewable energy company’s net profits rose 24 per cent to â‚ą383 crore in the fourth quarter of the financial year ended 2024-25, compared with â‚ą310 crore in the same period…
Shares of Indian Renewable Energy Development Agency Ltd (Ireda) rose almost 4% after reporting a 49% growth in net profit in Q4 of FY25, thanks to strong credit offtake and improved interest margins. With the cut in the benchmark repo rate by 50 basis points to 6% over the past two monetary policy meetings and…
New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday urged the construction industry to reduce import reliance, embrace sustainable practices, and focus on earthquake-resistant and modular infrastructure. In his address  to the inaugural session of Vibrant Buildcon 2025, organized by CAPEXIL in New Delhi, Goyal emphasized that sectors like housing, infrastructure, real estate, railways,…
Growing demand for the semiconductor chips that power artificial intelligence is driving soaring electricity use, particularly in countries that rely on fossil fuels for power, environmental group Greenpeace warned Thursday. Global chip manufacturing is concentrated in East Asia, including Taiwan, South Korea and Japan, whose power systems are still heavily dependent on burning fossil fuels…
As the world witnessed its first full year of temperatures exceeding the 1.5° Celsius guard-rail in 2024 and calls to raise ambitions on climate action grew, the biggest historical emitter of greenhouse gases elected a leader who is not only slamming the brakes on climate action by his own government but also posing a threat…
India added about 25 gigawatts of renewable energy capacity in the fiscal year ended 31 March (2024-25), the highest ever green power capacity addition in a year, registering a nearly 35% growth from the previous fiscal, said the Union minister for new and renewable energy Pralhad Joshi. In 2023-24, a total of 18.57GW of renewable…
It is unreasonable to expect developing countries to commit to costly climate mitigation strategies when the only reason developed nations are where they are is that they used cheap polluting technologies to get there. Having said that, global warming is real, and unless all countries commit to a more climate-friendly approach, we will have no…
That hope was born out of a humbling statistic: the amount of sunlight that strikes the earth’s surface in an hour and a half is enough to meet the world’s energy demand for a year. Over the next several decades, solar technologies made huge progress, to the point that by 2020, solar electricity turned cheaper…
