In a significant move that underscores its commitment to renewable energy expansion, Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has successfully refinanced a $1 billion loan for its hybrid renewable energy project in Rajasthan. This development highlights the company’s strategic financial management and its focus on bolstering India’s green energy infrastructure.
Singapore’s National Hydrogen Strategy aims for net-zero carbon by 2050, emphasizing low-carbon hydrogen. The city-state faces a dilemma between blue hydrogen, derived from fossil fuels with significant emissions, and green hydrogen, produced using renewable energy but currently cost-prohibitive. Given limited domestic renewable resources, Singapore must import clean energy from ASEAN neighbors. Collaborations with Vietnam and Indonesia to import renewable energy highlight a pathway to regional sustainability and energy security.