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.
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.
The Price War on Batteries to Reduce the Cost of EVs
China’s CATL, the world’s largest manufacturer of batteries for electric cars, plans to halve its battery costs this year, igniting a price war with Chinese Car maker BYD’s subsidiary FinDreams.
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.
Coal PSUs to install 9 GW Renewable Power Capacity
Currently, state-run coal mining companies, including Coal India and its subsidiaries, possess an installed renewable energy capacity of 1.75 GW, comprising 1.7 GW of solar and 51 MW of wind capacity.
L&T Metro Rail Hyderabad Transitions Completely to Solar Power
The company plans to fulfil 100% of its energy needs with solar power, aiming for carbon neutrality by 2040 and water neutrality by 2035.
Ericsson Sets Ambitious Climate Targets with SBTi Approval
The company has pledged to cut emissions by 90% across its value chain from 2020 levels by the end of 2040, with plans to neutralize the remaining 10% through approved carbon removal methods.
UAE Extends Year of Sustainability to 2024: Building on COP28 Momentum
The announcement came on the occasion of the National Environment Day
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