Energy transition Financial News

20.07 / 07:33
COST Cooper Action Mobile country financing energy transition Low G20 members agree to work on low-cost financing for energy transition
The members also agreed on a voluntary action plan for lowering the cost of finance for energy transition, sources close to the development told ET. A report, under India's presidency, on low-cost financing for energy transition which estimates global annual investment of over $ 4 trillion on such developments, was noted by the group. The unanimous agreements were a result of the major deliberations on the first day of the group’s two-day meeting beginning July 19.
18.07 / 17:33
UPS Provident Lowe's Target Cooper Energy transition to become a USD 23-trillion market by 2030: US Energy Secretary
global energy transition — the shift from fossil-based fuels such as oil and coal to renewable sources like wind and solar — is estimated to become a USD 23-trillion market by 2030, US Energy Secretary Jennifer Granholm said on Tuesday as American companies seek closer ties with Indian firms to tap this opportunity. Speaking at the ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) here, she said the US will have to add 2,000 gigawatts of clean energy to its electric grid by 2035 to meet the goal of using 100 per cent electricity from clean sources.
18.07 / 13:49
Cooper Progressive Platform Action India, US stress on joint action for global energy transition
New Delhi: India and the US emphasized on the need for joint action and collaboration to navigate the global energy transition during the Ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP). The meeting was held between the union minister of petroleum and natural gas, Hardeep Singh Puri and US Energy Secretary Jennifer Granholm in New Delhi on Tuesday.
17.07 / 14:49
COST UPS Cooper Progressive Platform US working with India to make investment easier for energy transition: Yellen
After a bi-lateral meeting with India's finance minister Nirmala Sitharaman on the sidelines of a G20 meeting, Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains. «In particular, we look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed India's energy transition,» she said in a statement while attending the G20 in Gandhinagar, the capital of Gujarat, one of India's most industrialised states.
17.07 / 13:17
COST UPS Lowe's ‘Looking Forward…’; U.S., Modi Govt. Working Together To Speed India’s Energy Transition | Details
The world and India want to move away from fossil ... moreThe world and India want to move away from fossil fuels as soon as possible. This requires massive private investment and ways to lower the cost of capital.
12.07 / 11:55
UPS Provident MET CEO Gap Forrester energy transition Agency International International Energy Agency slows energy transition, Santos chief says
Santos chief executive Kevin Gallagher says a much-touted net-zero emissions report produced by the International Energy Agency had slowed down the transition away from fossil fuels by giving activists ammunition to campaign against gas developments that would help with decarbonisation.
07.07 / 18:19
UPS Target Aviat SUN Mobile Fitch energy transition rights IOCL plans ₹22,000 cr rights issue for energy transition
NEW DELHI : Indian Oil Corp. Ltd (IOCL) plans to raise ₹22,000 crore via a rights issue. The board of the public sector oil marketing company (OMC) has approved the capital raising, the fuel retailer said in a regulatory filing on Friday The board approved “raising of capital by way of the issue of equity shares on rights basis up to an amount not exceeding ₹22,000 crore, subject to necessary statutory approvals", it said, adding that details such as the issue opening and closing dates and issue price would be made available later.
06.07 / 12:01
UPS Provident Manufacturing Platform Gap LinkedIn America’s Green Skills Gap Raises Concerns About Energy Transition
Green skills in the U.S. aren’t growing as fast as green jobs, pressuring companies to get creative to find the workers they need to carry out the energy transition and take advantage of the historic amount of money pouring into climate technology. Generous incentives in last year’s U.S.
22.12 / 17:49
Provident Target Shipping Industry Balks at Green Energy Transition
Ocean shipping is making its biggest energy transition since switching to oil from coal decades ago, but the shift to low- or no-carbon fuels so far has been messy. 
26.05 / 10:31
Provident energy transition clean energy Leaders at Davos warn Ukraine war threatens clean energy transition
The worst energy crisis in a half-century is disrupting the West’s transition to cleaner sources of energy by providing new momentum to invest in fossil fuels, business and government leaders said at this week’s World Economic Forum.
19.04 / 16:01
Blockchain Adoption Environment Chainlink energy transition clean energy Blockchain and oracles can help clean energy transition, study claims
New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report claims that blockchain has the potential to help the industry achieve its climate action goals. 

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