Follow the money

India is yet to finalise its offshore wind policy and hold its first auction

Billions of dollars continue to be committed to green projects globally, underpinning the energy transition, even as sanctions and bans dominate another set of headlines related to Ukraine. Leading renewable energy companies like Vestas, Orsted, and Sunrun received a boost in the stock markets earlier this week amid speculation that more solar and wind will be built to reduce some countries’ dependence on imported fossil fuels. Energy security is being debated in every strategy room across the world as the ripples of geopolitical developments in Europe touch almost every country.

Oil tanker rates have spiked and in the metals market, prices