New Delhi, April 16 (IANS) India can play a key role in helping Africa scale up its renewable energy, as the country has, over the last decade, successfully added over 130 gigawatts of solar and wind capacity, with renewables now accounting for just over half of installed electricity capacity, according to an article.Across Africa, the energy transition is not a distant policy target; it is a practical attempt to turn sunlight, wind, and mineral wealth into hospitals with steady power, farms tha…
Latest Energy Transition News & Updates
New Delhi, 9 April (IANS) Apex business chamber FICCI on Thursday indicated that early signs of stress due to the West Asia conflict are visible across sectors, warranting proactive measures to mitigate immediate risks and build long-term resilience. In a report titled West Asia Conflict: Implications for India and Imperatives for Industry and Government, FICCI suggested a two-pronged strategy for industry, focused on financial resilience and operational continuity. Firms are encouraged to se…
Seoul, April 6 (IANS) South Korea is targeting at least 20 per cent of power generation through renewable energy by 2030 in a bid to lower its heavy dependence on energy imports and respond to growing power demand sparked by the growth of advanced industries, the climate ministry said on Monday.Under the plan, reported at a Cabinet meeting, the government aims to expand renewable energy distribution to 100 gigawatts by 2030 to meet the 20 percent goal by fostering the growth of solar power and w…
Seoul, March 26 (IANS) The South Korea’s ruling Democratic Party (DP) and the government agreed to submit an extra budget bill to the National Assembly next Tuesday, the budget minister said Thursday, in an effort to cushion vulnerable sectors from the economic impacts of a prolonged war in the Middle East.The extra budget bill, to be submitted March 31, seeks to ease the burden of rising oil prices, as well as support small and midsized firms and vulnerable households hit by the prolonged war.”…
New Delhi, March 25 (IANS) India’s rapid transition toward renewable energy is no longer just an environmental priority—it has become a cornerstone of economic resilience, strategic autonomy, and long-term energy security.As global energy markets face repeated disruptions, India’s aggressive push toward clean energy is positioning the country as one of the fastest-growing renewable powerhouses in the world.The country has already crossed a critical milestone, with 51.93 per cent of its ins…
New Delhi, March 19 (IANS) India added a record 52,537 MW (520.51 GW) of generation capacity from all sources during FY26 (up to January 31), marking the highest ever capacity addition in a single year, surpassing the previous record of 34,054 MW achieved in FY25, the government has said.The capacity addition included 39,657 MW from renewable energy with 34,955 MW of solar and 4,613 MW of wind capacity, lifting the total installed capacity to 520.51 GW, according to an official statement.The gov…
New Delhi, Feb 18 (IANS) By elevating their relationship to a ‘Special Global Strategic Partnership’ during French President Emmanuel Macron’s ongoing visit to India, both countries have signalled that Paris is moving into the top tier of New Delhi’s foreign policy priorities. According to a report by India Narrative, this partnership extends beyond trade or defence deals, encompassing long-term global coordination in technology, security, and economic resilience.French President Macron highligh…
New Delhi, Feb 5 (IANS) India’s fiscal strategy has undergone a clear and deliberate shift over the past decade, with the expenditure mix increasingly oriented towards capital-led growth, according to a new report.Notably, the FY27 Budget reinforces this trajectory, reflecting the government’s conviction that durable growth, private investment crowding-in, and macroeconomic stability are best achieved through sustained public capital formation rather than short-term fiscal stimulus. As a res…
New Delhi, Feb 4 (IANS) The Union Budget 2026–27 strengthened medium-term earnings visibility for sectors aligned with public capex and policy priorities, even though earnings recovery will take time, a report said on Wednesday.The report from small case managers said the Budget opened “actionable opportunities across defence ecosystems, manufacturing‑linked businesses, logistics, select auto and ancillaries, energy‑transition themes and innovation‑led pharmaceuticals.”The report said sh…
New Delhi, Jan 30 (IANS) India has successfully insulated its citizens from volatility and the global turmoil has never been passed on to the consumer, said Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, addressing concerns around consumer impact during global price shocks.According to an official statement on Friday, Puri said India has demonstrated strong preparedness to navigate sustained geopolitical volatility in global energy markets and will continue to occupy centre st…