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Latest World News: Maldives President Muizzu thanks India’s ‘generosity’ after meeting PM Modi: Latest updates Prime Minister Modi emphasized the importance of a comprehensive economic and maritime security partnership with the Maldives, highlighting India's role as a first responder and its longstanding friendship with the island nation. Prime Minister Narendra Modi on Monday said that India has always played the role of a first responder for the Maldives. Maldives President Muizzu is on a five-day India visit and was accorded a ceremonial reception at the Rashtrapati Bhavan earlier today. PM Modi and Muizzu also virtually inaugurated a new runway at Hanimadhoo Airport in the Maldives. After talks between PM Modi and President Muizzu, India introduced the Rupay card in the Maldives, PTI reported. PM said, “A few days back, RuPay card was launched in Maldives. In the time to come, India and Maldives will be connected through UPI.” ‘Maldives-India relations’ PM Modi said, “First of all, I extend a hearty welcome to President Muizzu and his delegation. India and Maldives relations are centuries old. India is Maldives’ nearest neighbour and close friend. Maldives holds an important position in our neighbourhood policy and SAGAR vision. India has always played the role of first responder for Maldives…India has always fulfilled the responsibilities of a neighbour.” He noted, “Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction.” Security cooperation PM Modi noted, “We also held a detailed discussion on different aspects of security cooperation. Work is being done rapidly in the Ekatha Harbour project. We will continue our cooperation towards training and capacity building of Maldives National Defence Forces. For stability and prosperity in Indian Ocean Region, we will work together.” ‘Thank India for…’, says Maldives Prez Muizzu Maldives President Mohamed Muizzu thanked India and said, “Thank India for the generous assistance extended, including rollover of Treasury Bills and signing of the currency swap agreement.” He noted that India is a key partner in the socio-economic and infrastructure development of Maldives and has stood by Maldives during our times of need. “I would like to thank PM Modi, the government and people of India for the generous assistance and cooperation extended to Maldives over the years. I am thankful for the Indian Government’s decision to provide support in the form of 30 billion Indian Rupees in addition to 400 million US Dollars bilateral currency swap agreement which will be instrumental in addressing the foreign exchange issues we are facing right now,” he said. Muizzu noted, “We (India-Maldives) agreed on a comprehensive vision document, charting the course of our bilateral relationship. A vision for comprehensive economic and maritime security partnership which encompasses development cooperation, trade and economic partnerships, digital and financial initiatives, energy projects, health cooperation as well as maritime and security cooperation.” Muizzu said that India and Maldives will remain engaged to bolster stability of Maldives economy. On Sunday, Muizzu upon his arrival was welcomed by Union Minister of State for External Affairs, Kiriti Vardhan Singh. Muizzu is visiting India on an official invitation by President Droupadi Murmu. “Jaishankar expressed his pleasure in welcoming the President to India, for the state visit. President Dr Muizzu conveyed his gratitude to the Indian government for the warm welcome extended to him and his delegation upon arrival,” according to the press release from the President’s Office of Maldives. At the meeting, Jaishankar and Muizzu spoke extensively on fostering and maintaining good ties between the two countries, Maldives Foreign Ministry said in a release. MORE INFORMATION : https://24onlive.in/latest-world-news-maldives-president-muizzu-thanks-indias-generosity-after-meeting-pm-modi-latest-updates/

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Power Purchase Agreement Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2024-2032) | UnivDatos Market Insights The market of Power Purchase Agreements, also known as PPA, has been growing actively and transforming at an international level. With the growing realization of the need to utilize renewable energy, PPAs have become an essential mechanism through which firms and governments can guarantee the availability of power. There has been a convergence of progressive changes for the PPA market in recent years as indicated by policy shifts, and technological and corporate social responsibility perspectives. Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=63980&utm_source=LinkSJ&utm_medium=Snehal&utm_campaign=Snehal&utm_id=snehal Increase in corporate renewable power purchase agreements: There is a clear trend towards much higher levels of corporate renewable PPAs being signed as of late. Businesses are already starting to adopt sustainability strategies which have resulted in the push for the utilization of renewable energy. In 2022, there was a sequential string of PPAs that Amazon unveiled to be of 3. 5 GW of renewables installation in several projects all over the world. This action makes Amazon one of the world’s biggest corporate buyers of renewable power pointing out the increasing role of technology firms in the energy market. Likewise, Microsoft has been adding more renewable energy in the form of PPAs as the main way of acquiring the energy. In 2023, the firm entered a 500MW power purchase agreement PPA with Ørsted, a global power company involved in renewable energy to buy power from an offshore wind project in the United States. It should be noted that such an agreement expresses the commitment of large companies to change the world and switch to the use of renewable energy sources. PPP Policies Favourable to the Development of the PPA Market: Governments across the world are integrating strategies for the utilization of renewable resources and thus the PPA market. The European Union has been especially busy in this regard. Formally, precisely in 2022, the EU has introduced its ‘Fit for 55’ package that strives to cut Greenhouse Gas Emissions to at least 55% by the year 2030. This initiative contains elements regarding a promotion of the use of PPAs for the acquisition of REs. Technology and the Combination of PPAs: In the advancement of the PPA market, technological enhancements are considered to be influential. Thus, the increase of the usage of energy storage in combination with renewable energies initiated the creation of hybrid PPAs. These arrangements include an affinity for solar energy and wind energy as well as battery storage that makes the energy supply more consistent. In 2023 when Google entered into a with AES Corporation for a project in Chile for hybrid PPA deal. The partnership integrates 80 MW of solar with 25 MW of battery storage guaranteeing the continuous availability of renewable energy for Google’s data centers. It is thought that there would be increased use of hybrid PPAs because corporations are looking for ways to address the variability of renewable resources. PPA Regional Trends The various regions, therefore, depict divergent trends in the schemes that surround the PPA market. In Europe specifically, the target has been placed on offshore wind ventures. For example, the United Kingdom has observed a growing trend in offshore wind PPAs. As part of the long-term power purchase agreement in 2022, BP and EnBW can purchase electricity from Ørsted’s Borssele 1 & 2 offshore wind farm in the Netherlands, which is 15 years of fixed-price renewable electricity. As seen in this agreement, offshore wind is playing a progressively significant role in the European market of renewable energy. Challenges in the PPA Market The PPA market has been experiencing challenges despite the positive trends. Governmental regulations and energy policies may change from time to time which influences the viability of such contracts. The PPA market in some regions is constrained by the instabilities of the regulatory systems that are still in low development. Furthermore, another factor that may hamper the development of PPAs is the financial credibility of off-takers who are the consumers of the energy. Ask for Report Customization - https://univdatos.com/get-a-free-sample-form-php/?product_id=63980&utm_source=LinkSJ&utm_medium=Snehal&utm_campaign=Snehal&utm_id=snehal In conclusion, it can be stated that numerous changes occurred in the market of PPA from 2022 to 2024 concerning the overall tendencies of the energy industry. PPAs will have continuous relevance in the new world of sustainable energy as the renewable energy sector expands in the future.

Fuel Flexible Boiler Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2024-2032) | UnivDatos Market Insights According to a new report by UnivDatos Market Insights, the Fuel Flexible Boiler Market was valued at USD 8.6 Billion in 2023 and is growing at a CAGR of 7.2%. The current energy market is in a constant shift due to the demand for clean and efficient energy along with flexible solutions that can meet the changing demand at a global level. Of these, fuel-flexible boilers have turned into one of the most important technologies since they allow the burning of more than one fuel in the same boiler. This capability does not only function as insurance against a supply cut-off of fuel but is also useful in the implementation of renewable energy. This article therefore presents an exploration of the current status, major attributes, as well as the prospects of the fuel-flexible boilers market. Fuel-flexible boilers are used to burn any type of fuel ranging from coal, natural gas, and biomass, to waste materials. Such flexibility makes them suitable for industries and power generation facilities that seek to increase their energy independence and diversify fuel sources. The market for fuel-flexible boilers is now in a state of continual development because of technological developments, environmental laws, and the use of renewable energy. Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=64504&utm_source=LinkSJ&utm_medium=Snehal&utm_campaign=Snehal&utm_id=snehal Recent Developments of the Market Technological Innovations Advanced Combustion Technologies: The subsequent year, the advancements in next-generation combustion technologies in 2023 enable the flexibility of fuel that boilers have. An example of this is General Electric (GE) Power revealing a next-generation Circulating Fluidized Bed Combustion (CFBC) that enhances fuel-burning efficiency and cuts emissions. This makes this kind of technology ideal for the burning of biomass, coals as well as wastes, in any industrial use. Regulatory and Environmental Developments Stricter Emission Regulations: Governments across the globe are tightening the emission norms to contain global warming as well as pollution. In 2023 regulations that formed part of the acquis of the European Union required that there be lower NOx and, sulphur dioxide emissions for industrial boilers. This has put pressure on companies to produce boilers that are fuel-flexible and more inclined to use cleaner fuels the likes of natural gas and biomass. Strategic Partnerships and Collaborations Industry Collaborations: In 2023 a major partnership was declared between Mitsubishi Heavy Industries and Wärtsilä to design hybrid energy solutions that include fueling various boilers along with renewable energy systems. The goal of such partnership is to develop systems that will enable efficient generation of power and options for utilization of renewable resources where possible. Research and Development Initiatives Innovation Hubs and R&D Centers: The overall competition and intensity in the business environment have convinced many firms to spend more on R&D. Companies such as ABB have recently begun a new R&D center in Sweden that specializes in fuel-flexible boiler technologies for the coming generation. This center targets advanced methods of combustion, emissions reduction, and fuel flexibility of boilers. Ask for Report Customization - https://univdatos.com/get-a-free-sample-form-php/?product_id=64504&utm_source=LinkSJ&utm_medium=Snehal&utm_campaign=Snehal&utm_id=snehal Conclusion In conclusion, the market of fuel-flexible boilers is in a continuous transformation process because of technological innovation, the change in legal framework, business collaboration, and new investments in the generation of renewable energy. These trends are making fuel-flexible boilers noted as the primary solution to the energy security, cost-optimized, and environmentally friendly problem.

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Latest World News: ‘Deep sense of hurt’: Bangladesh issues protest note against Union Home Minister Amit Shah’s ‘unacceptable’ remarks Bangladesh's government filed a protest note against Amit Shah's comments at a Jharkhand rally and urged India to caution political leaders against such remarks. Bangladesh news: The neighbouring country’s government on Monday lodged a protest note against Union Home Minister Amit Shah, claiming that his recent comments at a rally in Jharkhand were “unacceptable”. Bangladesh’s Ministry of Foreign Affairs took to its official account on Facebook to announce that it had handed over the protest note to India’s Deputy High Commissioner in Dhaka. Last week, Amit Shah visited Jharkhand to address a rally ahead of the General Assembly Elections 2024. While addressing a rally at the Sahibganj district of the state, he said “Will hang every Bangladeshi infiltrator upside down to give them a lesson,” and appealed to the people to let “ BJP form the government.” Bangladesh urged the Indian government to caution its political leaders against making such “objectionable and unacceptable” statements. “The ministry also emphasised that such remarks, coming from responsible positions against the nationals of a neighbouring country, undermine the spirit of mutual respect and understanding between two friendly countries,” the Dhaka Tribune reported. ‘Deep sense of hurt’ The Bangladesh Foreign Ministry has further expressed its ‘deep sense of hurt’ and ‘extreme displeasure’ at Amit Shah’s remarks. “Through the protest note handed over today to the Deputy High Commissioner of India in Dhaka, the Ministry conveyed its serious reservation, deep sense of hurt and extreme displeasure and called upon the Government of India to advise the political leaders to refrain from making such objectionable and unacceptable remarks,” according to a statement from the Bangladesh Foreign Ministry. Amit Shah had also hit out at the Jharkhand government for “patronising” Bangladeshi and Rohingya infiltrators. He said that they were marrying “our daughters which won’t be tolerated.” The BJP believes in the politics of justice and not of caste, creed or religion, Shah said. India Bangladesh relations have been on a rocky edge ever since Bangladesh Prime Minister Sheikh Hasina fled the country in July 2024. Jamaat-e-Islami party’s chief Shafiqur Rahman had also highlighted the need to enhance relations with India during a meeting with representatives from the Indian Media Correspondents Association Bangladesh, in August. MORE INFORMATION : https://24onlive.in/latest-world-news-deep-sense-of-hurt-bangladesh-issues-protest-note-against-union-home-minister-amit-shahs-unacceptable-remarks/