carbon

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Government to Develop Framework for Trading in Carbon Credit Certificates

The Union government plans to develop the Indian carbon market with a national framework to decarbonize the country’s economy through the trading of carbon credit...

May 12, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up:  Bidding Calendar Issued for 50 GW of Solar, Wind, RTC Projects in FY24

The Ministry of New & Renewable Energy (MNRE) has issued an agency-wise bidding calendar for 50 GW of renewable energy projects for the current financial year (FY...

April 26, 2023

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Mercom Staff

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Daily Wrap-up
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IFC Loans $110 Million to Fertilizer Producer for Solar Projects in Morocco

International Finance Corporation (IFC) has signed an agreement with phosphate-based fertilizer producer OCP for a €100 million (~$110.5 million) green loan to build...

April 14, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Daily News Wrap-Up: Regulator Issues Measures to Reduce Grid Frequency Fluctuations

The Central Electricity Regulatory Commission has issued regulations to limit frequency fluctuations within the operating band in the interest of grid security. The...

April 11, 2023

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Mercom Staff

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Daily Wrap-up
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UK Follows European Union Lead in Proposing a Carbon Price on Imports

The UK government has recently opened a consultation on a range of potential policy measures, including a carbon border adjustment mechanism (CBAM) on the lines of the...

April 10, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Global Energy Decarbonization Needs $1 Trillion Additional Investment Every Year

Decarbonizing the global energy system will need over $1 trillion more every year, over and above the current level of capital financing, said UK-based asset manager,...

March 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Green Hydrogen Can Help India Save ₹1 Trillion on Fuel Imports by 2030

Union Minister of Renewable Energy and Power R. K. Singh informed the Rajya Sabha that the government aims to reduce a total of ₹1 trillion (~$12 billion) worth of...

March 17, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Researchers Find a Way to Make Low-Cost Perovskite Solar Cells at Scale

Researchers at Swansea University in Wales, United Kingdom have established a low-cost and scalable carbon ink formulation capable of unlocking the potential for the...

March 16, 2023

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Gautamee Hazarika

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Solar

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Technology
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Indian Oil Forms Subsidiary to Expand Green Energy Businesses

Government-owned oil marketing company Indian Oil Corporation (IOC) has said it would consolidate its current green assets under one umbrella to bolster the expansion...

March 16, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Essar to Invest $3.6 Billion in Energy Transition Projects in UK and India

Multinational conglomerate Essar Group has launched the Essar Energy Transition (EET) initiative with an investment of $3.6 billion to develop a range of low-carbon...

February 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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US Announces $2.5 Billion Funding for Carbon Capture Technologies

The U.S. administration’s Department of Energy (DOE) has announced $2.5 billion in funding for two carbon management programs to significantly mitigate the carbon...

February 24, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Toyota to Acquire Renewables Developer to Achieve Carbon-Neutral Goals

Toyota Tsusho Corporation, the trading arm of the Toyota Group, inked an agreement with Japan-based renewable energy developer SB Energy, a subsidiary of SoftBank Group...

February 16, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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European Union Parliament Passes Law to Ban Fossil Fuel Cars by 2035

The European Parliament has approved a law that effectively bans the sales of new petrol and diesel cars in Europe from 2035 to accelerate measures to cut 100% of carbon...

February 15, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Qcells to Develop Solar Projects for Microsoft in the US

Solar cell and module manufacturer Qcells and global technology company Microsoft Corporation have entered a strategic partnership to supply over 2.5 GW of solar modules...

February 1, 2023

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Gourav Mishra

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C&I

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Markets & Policy

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Solar
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Daily News Wrap-Up: REC India Commits ₹10 Billion for Renewable Projects in MP

Here are some noteworthy cleantech developments from around the world: REC India, a central public sector undertaking under the Ministry of Power, signed a memorandum of...

January 13, 2023

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Gourav Mishra

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Other

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Renewable Energy

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