sustainability

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ESG Ratings Not Yet a Focus for Indian Banks in Trade Finance Transactions

There is a positive momentum towards sustainability in supply chain finance as more banks are utilizing Environmental, Sustainable, and Governance (ESG) rating services...

May 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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ArcelorMittal to Use Wind Energy for Steel Factories in India and Brazil

Steelmaker ArcelorMittal has said it has roped in Siemens Gamesa in India and Casa dos Ventos in Brazil to install wind projects for powering its steel factories to...

April 18, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Study Says Microwaves Can Replace Furnaces in Solar Cell Manufacturing

A recent study by researchers from the School of Engineering at Macquarie University has demonstrated the effectiveness of using microwave radiation as a means of...

April 12, 2023

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Gautamee Hazarika

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Solar

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Technology
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Tata Power Delhi Raises $18.2 Million from ADB for Grid Enhancements

Asian Development Bank (ADB) said it would invest in non-convertible debentures worth ₹1.5 billion (~$18.2 million) issued by Tata Power Delhi Distribution Limited...

April 10, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Innovative Recycling Process Recovers 70% of Lithium from Spent Batteries

Researchers from Helmholtz Institute Ulm (HIU) and Karlsruhe Institute of Technology (KIT) have devised a low-cost and eco-friendly lithium recycling technique to...

April 4, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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IFC Invests ₹3.75 Billion in Tata Cleantech Capital’s Sustainability Bonds

International Finance Corporation (IFC), a member of the World Bank Group, will invest ₹3.75 billion (~$46 million) through sustainability-linked bonds (SLB) issued by...

March 28, 2023

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Gourav Mishra

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Other

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Renewable Energy
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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Hard-to-abate Sectors Call for Financing to Support Decarbonization

Decarbonization budgets are a significant source of concern, with less than a third of executives from ‘hard-to-abate’ industries saying they have adequate budgets to...

March 9, 2023

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Gautamee Hazarika

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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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Renewable Adoption Can Save Businesses 15-30% on Power Bills

Affordability, reliability, and sustainability are the three pillars driving the growth of renewable energy adoption among businesses, especially the commercial and...

December 28, 2022

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Sumit Jha

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C&I

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Other

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Renewable Energy
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Carbon Capture Key to Sustainable Development and Growth in India: NITI Aayog

Government think-tank NITI Aayog’s latest study finds that carbon capture utilization and storage (CCUS) is key to ensuring sustainable development and growth in India,...

November 30, 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 to Set Up $1.5 Billion Sustainability Fund

Saudi Aramco,  a global energy and chemicals company, has established a $1.5 billion sustainability fund to invest in technology to support a stable and inclusive energy...

October 27, 2022

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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16 States & UTs Perform Poorly in India’s First-Ever Energy and Climate Index

Sixteen out of 35 Indian States and Union Territories (UT) lag behind the national average score in NITI Aayog’s State Energy and Climate Index Round-I, designed to...

April 18, 2022

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Satish Shetty

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Other

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Renewable Energy
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ITC Commissions its First Offsite Solar Project with 14.9 MW Capacity in Tamil Nadu

ITC Limited, an Indian multi-business conglomerate, said it had commissioned its first offsite solar project in Dindigul, Tamil Nadu. The 14.9 MW solar project, built...

December 28, 2022

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Harsh Shukla

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C&I

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Solar
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Daily News Wrap-Up: Volt Energy to Supply Microsoft with 250 MW of Solar Power

Here are some noteworthy cleantech announcements of the day from around the world: Vancouver-headquartered Volt Energy has announced its first environmental justice and...

July 20, 2021

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Arjun Joshi

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Other

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Renewable Energy

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