Friday, March 14, 2025

Creating liberating content

New Delhi: Five people were injured when they were attacked

A new book by journalists Jonathan Allen and Amie Parnes

Pope showing slight improvement, Vatican says Pope Francis showing “gradual,

Related News

US Vice President JD Vance was booed by the audience at the Kennedy Center as he arrived for a National Symphony Orchestra concert on Thursday. The jeering began as Vance

New Delhi: Five people were injured when they were attacked by a man with an iron rod at Amritsar’s Golden Temple complex, the police said. The man was arrested and

A new book by journalists Jonathan Allen and Amie Parnes claims that former President Joe Biden repeatedly warned Kamala Harris against breaking from him on policy issues during her 2024

Pope showing slight improvement, Vatican says Pope Francis showing “gradual, slight improvement,” Vatican says 00:11 A Mass was held in St. Peter’s Basilica Friday in honor of Pope Francis as

Sudiksha Konanki disappearance case takes a new twist as Joshua Riibe claims he saved her from drowning. The person of interest in the case of the mysterious disappearance of Sudiksha

Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan

Trending News

NEW DELHI: Chartered accountants’ apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs 2,100 crore. The private

NEW DELHI: LG Electronics India, a subsidiary of the South Korean chaebol LG, has received markets regulator Sebi’s approval for its Rs 15,000 crore initial public offering (IPO), people familiar

MUMBAI: India’s financial sector is embracing generative AI at pace, with banks, insurers, and non-bank lenders deploying it to cut costs and improve efficiency. An EY report suggests productivity gains

NEW DELHI: The Centre has asked Elon Musk’s satellite venture Starlink to set up a control centre in India to enable suspension or shutdown of communications services in sensitive and

India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by RBI’s currency swap operations last month. Foreign exchange reserves grew by $15.3 billion to nearly $654

NEW DELHI: India will be the world’s third largest economy by 2028 as it becomes the world’s most sought-after consumer market and gains share in global output, a Morgan Stanley

Better communications key to getting renewable projects off the ground

Word Count: 484 | Estimated Reading Time: 3 minutes


(From left) CNBC’s Steve Sedgwick moderates an IoT panel with Cenk Alper, CEO of Sabanci Holding, Christina Shim, chief sustainability officer of IBM, and Mitesh Patel, interim CEO and COO of SunCable International, at CONVERGE LIVE on March 13, 2025.

Renewable energy companies can shorten the long approval process needed for their projects by communicating better with stakeholders, according to experts.

Christina Shim, IBM’s chief sustainability officer, said sponsors need to focus on the business value — in addition to the environmental benefits — when discussing their projects.

“That being said … there are some triggering words now, depending on where you sit around the world, and I think the more that you can quantify business value for what you’re doing and tie it to, again, the business operations and business decision making, it’s only going to be more and more important,” Shim said Thursday.

“As long as the outcomes are the same, you just need to make sure that you’re communicating in an appropriate way with the right stakeholders.”

She compared it to how one might talk to a CFO, versus an investor, versus someone in procurement. “You kind of have to talk about things a little bit differently.”

Mitesh Patel, interim CEO and COO at SunCable International, agrees that adjusting communication for the right audience is crucial.

“For politicians, the voters are their constituency, not your project or not your company. You have to help them translate what benefits your project will bring to the constituents,” said Patel, whose company is developing a project to deliver solar energy from Australia to Singapore via undersea cables.

The project, called Australia-Asia PowerLink, is valued around $24 billion and expected to supply Singapore with 1.75 gigawatts of electricity — or around 15% of its electricity needs, according to the company.

The comments by Shim and Patel, who were speaking to CNBC’s Steve Sedgwick on a panel in Singapore, come as renewable energy projects often take many years to get off the ground.

A report from the Global Infrastructure hub, which is part of the World Bank’s Public-Private Infrastructure Advisory Facility, noted the complex nature of preparation needed before an infrastructure project gets underway. It put the average project preparation time at 6 years but said it can take up to 14 years if the project is not planned properly.

Political will is 'absolutely essential' for cross-jurisdiction sustainability projects: SunCable International

Cenk Alper, CEO of Sabanci Holding, a Turkish conglomerate, said the biggest obstacle to getting renewable energy projects off the ground is often regulatory.

“The biggest problem is still government — the permits. Because from licensing to making a project ready, the total time is longer than the construction time,” he said.

The situation in Europe is worse, he added, citing a project where connecting to the grid took two years.

Alper said Western countries need to streamline the approval process for renewable energy projects, noting China has embarked on more projects in the last five years than the rest of the world combined.



Source link

Sign In

Welcome ! Log into Your Account