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ESG

CESL Study On E-Buses Claims Cost Savings Vs CNG, Diesel Buses, Even Without Subsidy

Government-owned entity Convergence Energy Services Ltd CESL, which recently launched India’s largest e-bus tender, has shared a case study on the results of the bidding. This case study, which is based on a thorough market research conducted by CESL, WRI India, the World Bank, and others, highlights the key features of The Grand Challenge, which […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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Yokogawa Enters Investment & Collaboration Agreement with Startup Ideation3X

Yokogawa Electric Corporation has announced that it has made a US$10 million Series B investment in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach. Founded in 2017, i3X has been backed since […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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Chargeup & Zomato Club up for Emission-Free Food Deliveries

Chargeup, a player in electric vehicle (EV) charging infrastructure industry, has partnered with Zomato to enable Zomato delivery partners to get easy financing and leasing options to make a seamless switch to electric mobility. This ESG initiative will enable Zomato to reduce the carbon footprint of its vast delivery network across India. Speaking about this, […]

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STT GDC India Sources RE From O2 Power For Its Bengaluru Datacenters

ST Telemedia Global Data Centres India (STT GDC India) will be purchasing renewable energy from O2 Energy to power its Bengaluru facility in Karnataka. STT GDC India has announced a partnership with O2 Renewable Energy (IV) Private Limited, a subsidiary of O2 Energy where the RE purchase will be made under captive structure. Sumit Mukhija, […]

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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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Apollo Tyres to Increase Renewable Power Share to 25% by 2026

More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […]

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Assessor – Sustainability

Sustainability is key business aspect which presents important risks and opportunities for organizations. Robust sustainability performance and responsible business practices are essential to long-term success of organizations, their product and services. DNV is committed in creating a safe and sustainable future. Through our sustainability services, we deliver deep insight and pragmatic support to major companies […]

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