Energy Efficiency

Five Ways Indian Railways Plans To Go Net-Zero By 2030

  Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […]

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Amritsar To Be ‘Solar City’ As Punjab Launches Action Plan

The Punjab government has announced that the cultural city of Amritsar will be now developed as a ‘Solar City’ of the north-western state as state’s Renewable Energy Minister Aman Arora launched the Punjab State Energy Action Plan. The action plan is being implemented to ensure promotion of energy efficiency in buildings, industries, municipalities, agriculture, transport […]

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Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects

Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […]

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L’Oréal Signs Agreement with EDF for Renewable Energy

French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing  on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […]

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USA’s Ameresco to Acquire Italy’s Enerqos to Expand Portfolio in Europe

US-based Ameresco, a developer, owner and operator of renewable energy has revealed that it has signed an agreement aimed at the acquisition of ENERQOS Energy Solutions S.r.l. ENERQOS is a renewable energy and energy efficiency firm that is based in Milan. With the acquisition, Ameresco’s expansion of portfolio in clean energy projects and solutions all […]

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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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Punjab Renewable Energy Capacity At 2150 MW: RE Minister Aman Arora

The New and Renewable Energy Sources Minister of Punjab, Aman Arora, has said that the state has installed renewable energy projects of 2150 MW till date and is also focusing on energy efficiency and energy conservation efforts. The minister was speaking during an award felicitation programme for government and private sector entities at Confederation of […]

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China’s Hithium Launches New Energy Storage Battery Innovations at Energy Show

Chinese battery storage manufacturer Xiamen Hithium Energy Storage Technology Co. has launched its newest offerings in battery product innovations at RE+ 2022- an energy trade show in Anaheim, USA. As one of latest two game-changing batteries, Hithium released the 300Ah Prismatic Cell tailored for electric energy storage which is capable of achieving “zero” loss in […]

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Energy Saving Services Will Invest 150 Cr To Upscale Energy Efficiency

State-Owned company, Energy Saving Services Ltd. (EESL) will make an investment worth Rs 150 crores to scale up 100 energy efficiency projects in several industrial facilities across various industries. EESL, a joint venture run by the ministry of power, said of this initiative, “To augment the use of energy efficiency solutions in the industry sector, […]

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