emissions

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European Union’s CBAM to Consider Indirect Greenhouse Gas Emissions in Future

The European Union has proposed that the Carbon Border Adjustment Mechanism (CBAM) should in the future apply to indirect emissions of greenhouse gases arising from the...

May 24, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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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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New $1.1 Billion Facility in Europe to Produce Sustainable Aviation Fuels

Cepsa and Bio-Oils, a Spain-based biofuels subsidiary of Apical, have partnered to boost the production of second-generation biofuels by procuring most of its feedstock...

April 18, 2023

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Gautamee Hazarika

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Biofuel

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Finance and M&A

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Other
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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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Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Shipping Ministry to Develop Three Indian Ports as Hydrogen Hubs

Two ports on India’s east coast and one port on the west coast will be developed by the Ministry of Ports, Shipping, and Waterways (MoPSW) as hydrogen hubs under the...

February 22, 2023

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Gourav Mishra

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Other

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Renewable Energy
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MIT Researchers Find Way to Remove Carbon Dioxide from Seawater

Researchers from the Massachusetts Institute of Technology (MIT) said they have discovered the key to removing carbon dioxide directly from ocean water, which absorbs...

February 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Technology
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UK Proposes Hydrogen-Ready Domestic Boilers from 2026 to Cut Emissions

The United Kingdom government has proposed to phase out the installation of natural gas-only boilers from 2035 to ensure that almost all domestic heating systems in use...

December 19, 2022

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Arjun Joshi

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Other

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Renewable Energy
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US Loans $2.5 Billion to Ultium Cells for Lithium-ion Battery Manufacturing

The U.S. Department of Energy (DOE) announced the closing of a $2.5 billion loan to Ultium Cells, a joint venture between General Motors (GM) and LG Energy Solutions, to...

December 16, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA

The sales of heat pumps are expected to soar to record levels this decade as countries look to shift away from fossil fuel dependence for heating requirements, primarily...

December 7, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Jindal Stainless Inks Pact with ReNew Power to Develop 300 MW Renewable Project

Jindal Stainless has signed a contract with ReNew Power to develop an approximately 300 MW utility-scale captive renewable project to power its facilities in Jajpur,...

December 5, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Ireland to Mandate Renewable Energy Share in Heat Sector by 2024

Ireland‘s government will make it mandatory for the heat sector to include a share of renewable energy in their services by 2024. Currently, the country’s...

November 28, 2022

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Sumit Jha

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Other

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Renewable Energy
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Over 10 Million Electric Vehicles Likely to be Sold Globally in 2022, up 60% YoY: BNEF

As the adoption of zero-emission vehicles (ZEV) accelerated this year across markets and vehicles, it is estimated that 60% more electric passenger vehicles, totaling 10....

November 21, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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US, India Partner to Accelerate Sustainable Energy Transition

The United States and India recently reiterated their commitment to accelerating the transition into sustainable energy at the ministerial dialogue of the U.S.-India...

October 11, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Saudi Oil Major Aramco Aims to Generate 12 GW of Renewable Energy by 2030

Saudi Arabian oil major Aramco intends to generate 12 GW of renewable energy by 2030. In its recent sustainability report, the company said it aims to use the allocation...

June 22, 2022

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Gourav Mishra

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Other

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Renewable Energy

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