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MNRE Clarifies Stand on Renewable Energy Financing Concerns Why in the News? Recent media reports suggested that the Ministry of New and Renewable Energy (MNRE) had advised financial institutions to pause lending to renewable energy projects due to possible overcapacity. The MNRE has now strongly denied these claims, reaffirming its commitment to supporting India’s clean …
Read MoreRenewable energy harnesses natural resources such as sunlight, wind, water, and Earth’s heat to generate sustainable power. Using these clean energy sources is vital for reducing greenhouse emissions and combating climate change while ensuring energy security.
Read MoreRenewable Energy Boom Fails to Curb Fossil Use Syllabus: GS Paper – 2 Renewable Energy GS Paper – 3 Government Policies & Interventions WHY IN THE NEWS ? The world added a record 582 GW of renewable energy capacity in 2024, yet fossil fuel consumption continues to rise, keeping greenhouse gas emissions at record levels. …
Read MoreWhy in the news? NTPC’s shares have surged, reflecting investor optimism about the potential value of its renewable energy subsidiary, NTPC Green Energy, which aims to significantly expand its capacity by FY32. The company plans to scale its renewable energy capacity to 60,000 MW by FY32, making up 46% of its total capacity target. Source:researchgate …
Read MoreWhy in the news? Adani Green Energy’s wind energy project in Sri Lanka’s Mannar and Pooneryn districts faces legal challenge. The petition filed by the Wildlife and Nature Protection Society (WNPS) cites potential environmental impact and lack of transparency. Mannar Island is crucial for migratory species, being the southernmost point of the Central Asian Flyway. …
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