RENEWABLE ENERGY

Aug. 23, 2021

Why are oil and gas companies investing in renewable energy?

About:

  • Global moves to reduce carbon emissions to slow down climate change have led to oil and gas companies around the world investing in renewable energy to reduce their carbon footprint and diversify offerings.

  • India is targeting 450 GW of installed renewable energy capacity by 2030 up from about 100 GW currently.

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