Hindalco Secures 26% stake in Ayana Renewable Power
Hindalco secures 26% stake in Ayana Renewable to power Odisha smelter with 100 MW clean energy, advancing its net-zero journey by 2050.
India Revs Up Green Hydrogen Integration for 24/7 Power Security
India is accelerating its green hydrogen integration strategy with CfD models to ensure 24/7 clean energy access, aligning with PM Modi’s vision for global leadership in hydrogen production and export.
NHAI Plans to Issue Green Bonds for the First Time
The company has initiated the process of appointing advisors and arrangers and has called for proposals to undertake this task
ADB Raises INR 1.25 Billion in Green Masala Bonds
The bond, the largest by ADB, structured as a 4-year currency-linked instrument, features a one-time repayment at maturity and carries a fixed interest rate of 6.72% annually
SBI Raises $250 Million Though Green Notes
This issuance, part of SBI’s USD 10 Billion medium-term note program, reaches maturity on December 29, 2028, and was executed through a private placement facilitated by its London branch
Impact Bonds Slump In 2023 Globally, Expecting Rebound In 2024
Higher interest rates, a global economic slowdown, and rising costs are cited as the primary reasons for the drop
Flexible Airspace: Indian Aviation Sector reduces 1.37 lakh tonnes of Carbon Emission
India successfully reduced carbon emissions by 1.37 lakh tons through the strategic opening up of additional airspace for civilian aircrafts within its territory
PM Modi to participate in COP28 at Dubai
Prime Minister Narendra Modi will be attending the World Climate Action Summit from November 30 to December 1, at Dubai
Richest 1% emit as much planet-heating pollution as two-thirds of humanity, Says Oxfam
#Carbon emissions of richest one percent surged to 16 percent of world’s total CO2 emissions in 2019.
#Their carbon emissions are enough to cause 1.3 million excess deaths due to heat.
#Unequal countries suffer seven times more flood fatalities than more equal countries.
#Fairly taxing the super-rich would help curb both climate change and inequality.
JUNA, a JV by Scania and Sennder to drive large-scale electric truck adoption in Europe
– JUNA combines Sennder’s technology with Scania’s premium electric trucks to create a pay-per-use model.
– This model offers transport companies access to electric truck solutions and guaranteed capacity and load through Sennder’s digital platform.
– It eliminates upfront costs and concerns about the resale value of electric trucks.