sustainability

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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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Daily News Wrap-Up: Saatvik Green to Supply Modules to BHEL’s 100 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Solar module manufacturer Saatvik Green Energy has secured a 141.76 MW solar module...

July 1, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Daily News Wrap-Up: Clean Energy Projects Along Highways Proposed in the US

Here are some noteworthy cleantech announcements of the day from around the world: U.S. Senator Jon Ossoff has announced legislation to boost clean energy initiatives...

July 2, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Daily News Wrap-Up: ADB Approves Refinancing for a 240 MW Solar Project in Vietnam

Here are some noteworthy cleantech announcements of the day from around the world: The Asian Development Bank has approved $160.5 million in financing for the 240 MW Dau...

June 25, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Vena Energy Secures $500 Million Green Credit Facility from Eight Lenders

Renewable independent power producer Vena Energy has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (~$500 million) from eight...

May 27, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Daily News Wrap-Up: 25 GW Green Hydrogen Mega Project Coming Up in Oman

Here are some noteworthy cleantech announcements of the day from around the world: An international consortium comprising Oman’s integrated energy company OQ, green...

May 24, 2021

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Srinwanti Das

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Other

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Renewable Energy

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