DEWA Reduces Emission By 19%, Leads Dubai’s Sustainable Drive
DEWA supports Dubai’s economic and social fabric and sets a benchmark for global sustainability aspirants. Their comprehensive approach is a role model for global cities in shaping a sustainable and resilient future.
Masdar, EGA form Alliance for Low-Carbon Aluminium
Masdar, Abu Dhabi’s Flagship Clean Energy Company, and Emirates Global Aluminium (EGA), the Largest ‘Premium Aluminium’ Producer in the World Forms Aluminium Decarbonization Alliance.
Mahindra Group to Invest ₹1,200 Crore in Hybrid Renewable Energy Project
Mahindra Susten will lead the project’s development, partnering with global investor Ontario Teachers’ Pension Plan Board as a strategic partner.
Europe Launches Probe into Chinese Wind Turbine Subsidies
Margrethe Vestager, the EU’s anti-trust chief, announced the probe, citing worries that Chinese state subsidies grant unfair advantages to their wind turbine producers.
RBI’s Move to Allow Foreign Investments in Green Bonds Accelerates India’s Green Revolution
The government has a stated target of raising ₹20,000 crore (US$2.4 billion) via SGrB issuance in FY24, with ₹12,000 crore (US$1.4 billion) planned to be raised in the first half of FY25.
Adani Green Emerges as India’s Renewable Energy Leader with 10K MW Capacity
This milestone was achieved after commissioning a 2,000 MW solar plant at the giant Khavda Solar Park in Gujarat.
Adani Green Pledges 45 GW by 2030
The centrepiece of Adani Green’s plan is the Khavda renewable energy park in Gujarat, India. Spanning a staggering 538 square kilometres – more than five times the size of Paris – this colossal project will be the world’s largest renewable energy park upon completion.
Indian Steelmakers to Meet Global Emission Standards by 2030; Says Crisil
Lowering emissions will enhance their environmental credentials and also open doors to new funding avenues.
Grasim Raises ₹1,250 crore from IFC Through Sustainability Bonds
The proceeds from this initiative will be directed towards supporting decarbonization efforts within its new paint-manufacturing business.
Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round
Key investors participating in the pre-IPO round include Gunavanth Vaid (4GCapital Venture), Sarda Group, Sunil Kumar Singhvi (Singhvi Heritage LLP), Blue Lotus Fund, NAV Capital Emerging Fund, and Matrix’s promoters.