Decarbonization Updates

• Rich Kruger, CEO of Suncor, commits the company to achieving carbon neutrality within 30 years. MPs criticise Kruger for greenwashing after he confesses to not fully studying new emission r...

• Alexis von Hoensbroech, CEO of WestJet, highlighted the aviation industry's dependency on fossil fuels at the 24th World Petroleum Congress, noting the sector's commitment to achiev...

• Edward Mazria, CEO of Architecture 2030, reports a significant reduction in carbon intensity for U.S. residential and commercial buildings by 39.8% and 43.7% respectively since 2005, despit...

• Jonathan Perlin, CEO of the Joint Commission, emphasises the urgent need for the healthcare sector to reduce its carbon emissions due to climate change's exacerbation of severe weather ...

• CEO André Schwämmlein is focusing on expansion through competitive pricing, enlarging the network, and boosting passenger numbers. FlixBus is pursuing profitable growth by tackl...

Navrattan Green Cement Industries Pvt. Ltd. has developed Navrattan Green Crete, an eco-friendly concrete alternative.

This innovative product is made from natural sources and boasts zero...

Kundan Green Energy's newly approved 42 MW hydropower project in Okhali, Uttarakhand, forms part of their agreement with the state government, aiming to develop 80 MW of greenfield capacity wit...

ABB India has introduced two new energy-efficient motor ranges, the small frame cast iron IE4 super premium efficiency motors and the IE3 Aluminum motors. These motors are designed to improve energ...

ReNew Energy and JERA will jointly evaluate a green ammonia production project in Paradip, India. The project will use 500 MW of renewable energy to produce 100,000 tons of green ammonia annually b...

Runaya, a sustainable manufacturing leader, unveiled its new calcium aluminate plant in Jharsuguda. This facility signifies a step towards environmental stewardship with a focus on green aluminium ...

Amara Raja Infra Private Limited (ARIPL) has secured a significant solar project from Greenko, marking its largest capacity project to date at 700MWp. This project strengthens ARIPL's position ...

BatX Energies, a leader in battery recycling, secures $5 million to develop superior battery materials, create a full-lifecycle lithium-ion battery recycling solution, and establish a network of mi...

India's IREDA and PNB signed a Memorandum of Understanding (MoU) on February 19, 2024 to collaborate on financing renewable energy projects. This partnership aims to streamline access to financ...

The AP State Energy Conservation Mission (APSECM) conducted a workshop on the Perform, Achieve and Trade (PAT) scheme to promote energy efficiency in industries. The scheme has resulted in signific...

Denmark and India have joined forces to launch the Green Fuels Alliance India (GFAI) to collaborate on developing clean energy solutions, especially green hydrogen. This alliance will combine Danis...

Sweden is helping India transition its hard-to-abate industries (like steel and cement) towards eco-friendly practices. Through initiatives like LeadIT 2.0 and the India-Sweden Green Transition Par...

Indraprastha Gas Ltd (IGL) plans to invest Rs 1,200 crore in 19 CBG plants across Delhi, Haryana, Rajasthan, and Uttar Pradesh, aiming to produce half a million units of biogas, equivalent to 5% of...

Amplus Solar plans to launch distributed green hydrogen projects by next year, expanding its portfolio beyond its current 1.9 GW of operational and under-construction distributed solar assets in In...

The US India Business Council (USIBC) has committed to collaborating on cutting-edge projects to drive energy transition in India. With India's energy demand projected to double by 2045, there&...

Gogoro, a Taiwanese electric vehicle company, is planning to invest billions of dollars in setting up a battery swapping infrastructure across India by 2032. The company has already begun operation...

Mahindra Susten, a leading renewable energy company in India, has signed a strategic partnership with Waaree Energies, India's largest solar PV module manufacturer. Under the agreement, Waaree ...

Nextracker and SWRE are partnering on a giant solar project in Gujarat, India. This project will supply solar trackers for a 1.875 GW solar park. This collaboration brings their total global solar ...

Indian Bank has partnered with Tata Power Solar Systems to provide financing solutions for residential solar power installations under the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme. This s...

JSW Group and MG Motor announced a joint venture to manufacture electric vehicles in India. The JV aims to sell 10 lakh electric vehicles by 2030 and will invest Rs. 5,000 crore to boost production...

The Volkswagen Group is planning to introduce an affordable electric vehicle (EV) in India by the second half of this decade. The company is evaluating different platforms to develop a compact elec...

Honda plans to invest in electric vehicles (EVs) for the Indian market. The company will launch a new electric version of its recently launched Elevate SUV within the next 3 years and introduce 4 m...

Honeywell India is shifting focus towards energy transition by acquiring businesses in battery storage and green hydrogen sectors. They aim to develop battery management systems and participate in ...

Mumbai-based SolarSquare, a leader in rooftop solar solutions, has acquired PV Diagnostics, a consultancy firm with expertise in utility-scale solar power. This acquisition aims to significantly im...

India's biggest oil producer ONGC and power company NTPC signed a joint venture agreement to develop offshore wind energy projects. The pact also explores opportunities in storage, e-mobility, ...

BluPine Energy, a renewable energy services company in India, acquired 369 MW solar power assets from Acme Group. This acquisition increases BluPine's total renewable energy capacity to 2.4 GW....

Stellantis, the maker of Jeep and Citroen, plans to make India a hub for exporting electric vehicles (EVs), initially targeting Southeast Asian markets. The company recently commenced exports of it...

IndiGrid, a leading Indian infrastructure investment trust, has acquired a 300 MW solar power plant, increasing its total solar generation capacity to 1.1 GWp across 19 projects in 8 states. This a...

Vietnam's VinFast plans to enter the Indian market by initially importing electric SUVs and selling them at competitive prices.

BLive is providing Zomato's delivery personnel with premium electric scooters (TVS iQube) through a rent-to-own model, allowing them to eventually own the vehicle after a rental period (3+ year...

India is expected to add a record 16-18 GW of renewable energy capacity in FY24, exceeding the annual target of 20 GW. This growth is driven by factors like low module prices and a robust policy pi...

The CEO of National Solar Energy Federation of India, Subrahmanyam Pulipaka, proposed a National Electricity Council to streamline India's renewable energy policies. This council, modeled after...

Tata Power, India's leading power company, is aiming to be a major supplier for the recently announced PM Surya Ghar Yojana, a national scheme to install solar panels on 1 crore homes. The comp...

India's solar waste is expected to reach 600 kilotonnes by 2030, with 67% coming from five states: Rajasthan, Gujarat, Karnataka, Andhra Pradesh, and Tamil Nadu. The waste will include critical...

Renaissance Solar and Electronic Materials (RSOLEC) plans to invest $300 million to build a solar manufacturing facility in India. The company will focus on crystal growth and wafering for the next...

Indosol Solar is investing Rs 25,000 crore to build a 10 GW solar PV module manufacturing facility in Andhra Pradesh. This facility will be built in phases, with the first phase having a capacity o...

The U.S. International Development Finance Corporation (DFC) has invested $500 million in a solar panel manufacturing facility in Tamil Nadu, India, to diversify critical supply chains, create jobs...

The construction and building sector in India contributes 32% of total greenhouse gas emissions. WRI India, AEEE, EcoCollab, and Mahindra Lifespace Developers have launched the Decarbonisation Busi...

The Mahindra Group and Johnson Controls have announced a Net Zero buildings initiative to decarbonize Indian buildings, targeting the sector responsible for 20% of emissions and over 30% of energy ...

Daimler India Commercial Vehicles launches all-electric eCanter in India, marking its foray into the battery electric commercial vehicle market.

The move aligns with Daimler Truck's c...

US may impose anti-dumping duties on Indian solar module exports alongside Southeast Asian countries. Indian exports rose 227% to $1.8 billion in 2023, with US as top buyer accounting for 97.3% of ...

The Union Shipping Ministry plans to develop a 500 MW offshore wind terminal at VOC Port, Thoothukudi, costing Rs 450 crore in phase-1. Initially estimated at Rs 965 crore, a cost analysis revealed...

GPS Renewables raised $50 million in debt financing, enabling expansion of biofuel facilities across India. With an order book of $240 million and MoUs worth $540 million, the company reported a tu...

According to a recent report by Alvarez & Marsal, India's bold plans could lead to exports valued at $3–5 billion and a reduction in imports by $7–15 billion within the next decade.

The Solar Energy Corporation of India (SECI) is planning to issue a tender for a concentrated solar-thermal power (CSP) storage project. This project, with an initial capacity of 500 MW, aims to pr...

Apple has unveiled its ambitious renewable energy and sustainability plans by 2030 for its India operations, marking a significant step towards environmental sustainability. The tech giant pledges ...

The Indian government has extended the FAME-II scheme (Faster Adoption and Manufacturing of Electric Vehicles) for electric mobility by four months until July 31, 2024, to avoid disruption in the E...

RenewX 2024, organized by Informa Markets in India, a premier event for renewable energy and electric vehicles in South India, is taking place on April 26th and 27th, 2024, at the HITEX Exhibition Centre in Hyderabad.

GoodEnough Energy, a leading energy company, has announced plans to inaugurate India's inaugural battery storage giga-factory in Jammu and Kashmir by October 2024. This milestone initiative aim...

SECI calls for bids on 4 GW offshore wind projects in Tamil Nadu by May 6, 2024. Lease rights include surveys and development, with MNRE offering benefits like waived transmission charges and renewable energy credits.

NHPC, a key player in India's renewable energy sector, has issued an Expression of Interest (EoI) to attract global partners for the development of the country's inaugural offshore wind ene...