IFC Launches ClimaLab to Enable European Banks Mitigate Climate Risks
IFC launches ClimaLab to help European banks manage climate risks, promoting sustainable investments in line with the Paris Agreement.
TotalEnergies to Invest $444M in New Joint Venture with Adani Green
The new entity will house a portfolio of 1,150 MW AC solar assets, combining operational and under-construction projects.
Adani Energy Solutions Acquires 7 GW Khavda Transmission Project
Adani Energy Solutions Ltd. acquires the Khavda Phase-IV Part-A transmission project to bolster India’s national grid with world-class infrastructure.
L&T Creates Separate Renewable EPC Business to Tap Growing Global Demand
Larsen & Toubro carves out a new business vertical for renewable EPC projects amid growing global demand in its infrastructure segment.
Inox Wind’s Resco Global Raises $41M for Wind Energy Expansion
Inox Wind’s subsidiary raises $41.75 million to expand its wind energy EPC services in India and capitalize on the growing renewable energy market.
Govt. Confers Navratna Status to NHPC and SJVN, Grants More Autonomy
The Finance Ministry has granted Navratna status to top public sector enterprises NHPC and SJVN, allowing them greater operational and financial freedom.
Exponent Energy, Veera Vahana Launch World’s 1st 15-Min Charging Intercity Bus
The EV is the world’s first 13.5-meter 2-axle electric bus with 15-minute rapid charging, boasting a 320 kWh battery pack and a 6,00,000 km battery warranty.
University of Arizona Develops AI Framework to Prevent EV Battery Fires
A groundbreaking AI technology developed by the University of Arizona accurately predicts and prevents thermal runaway in lithium-ion batteries.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
Cabinet Approves $492M Funding for 15GW Hydropower Projects in NE
The scheme would be funded through 10 percent gross budgetary support for the North Eastern Region from the total outlay of the power ministry.