Sibi Sathyan
Mufin Green Finance to Get Rs 340 cr Capital Boost from the New Acquisition
Mufin Green Finance last week revealed that it had secured Rs 140 crore in Series B funding, adding to the Rs 530 crore raised in debt funding in the previous fiscal year.
Sajjan Jindal’s JSW to Invest Rs 40,000 cr in Odisha to Set Up EV Plant
This endeavor includes the establishment of a 50 GWH EV battery plant, EV manufacturing facilities, a lithium refinery, a copper smelter, and ancillary component production units.
Brookfield Raises $10 Billion for Second Climate Transition Fund
This fund focuses on investments driving the transition to a net-zero economy.
Budget 2024: Nirmala Sitharaman Announces Greener Plans for India
The minister has committed substantial funds to enhance the green energy sector, emphasizing the utilization of solar power and India’s extensive offshore wind energy potential.
American State California to Say Bye to Crude Oil
Exxon Mobil and Chevron, the two leading U.S. oil producers, will officially announce a combined $5 billion devaluation of their California assets in their upcoming fourth-quarter reports.
Will India Achieve It’s Target of 40 GW Rooftop Solar Under ‘Pradhanmantri Suryodaya Yojana’?
Currently less than 1 million households produce 2.2 GW of rooftop solar electricity in India. With this scheme, the installed capacity of rooftop solar can be reached up to 22 GW
State Owned REC Raises Rs 3,500 Crore through Yen-Denominated Green Bonds
REC’s bond issue is the largest ever Euro-Yen issuance in South and South East Asia, largest Yen-denominated issuance from India, and largest non-sovereign Yen-denominated issuance ever from South and South East Asia
Green Tech, ESG and Sustainability Requirements to Shape Credit Outlook in 2024: Moody’s
Moody’s identified six key trends – Green Technology and Disruptive Innovation, Complex ESG Policy Landscape, Rising Physical Climate Risks, Climate Finance Gap in Emerging Markets, Focus on Environmental Degradation and Reshaping the Future of Work – will shape credit strength in 2024
How to Chart India’s Path to Green Hydrogen Leadership Through Five Key Objectives? Explains A Report by WEF & Bain
To achieve its ambitious goal of producing at least 5 MMTPA of green hydrogen production by 2030, India should
#Reduce the cost of green hydrogen by lowering the associated renewable electricity expenses
#Invest in advances in electrolyzer manufacturing,
#Invenst in infrastructure and innovative R&D
ESG Times Wishing A Green & Responsible 2024
The Year 2024 must be a commitment to sustainable choices, from reducing our carbon footprint to embracing eco-friendly alternatives