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Sunsure Energy to Supply 21 MW Solar Power to Lupin’s Tarapur Facility

Gurugram based developer Sunsure Energy and Lupin Limited (LUPIN), the Mumbai based global pharmaceutical company, today announced the signing of a 21 MW (31.5 MWp) solar Open Access Power Purchase Agreement (PPA). Through this agreement, Sunsure will supply solar power to Lupin’s Tarapur facility in India, sourced from its 100 MW (150 MWp) solar plant […]

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UltraTech Secures $500mn Financing For Sustainability Initiatives

UltraTech Cement Limited (UltraTech) recently raised $500 million through a sustainability-linked loan, with participation from six banks. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole Sustainability Coordinator for this transaction and served as the exclusive advisor on UltraTech’s Sustainability-Linked Financing Framework. The primary lenders in the transaction include SMBC, SBI, BNP Paribas, DBS, MUFG, […]

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Arctech Grows With 131% In Global Solar PV Tracker Market

Global solar tracker company Arctech has now emerged as the only company among the world’s top 5 solar tracker suppliers to achieve an annual growth rate of 131%, according to the 2024 Global PV Solar Tracker Market Share Report published by Wood Mackenzie, the firm said today. Arctech is a provider of solar tracking, racking, […]

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Sunsure Commences Solar Power Supply To APL Apollo In UP

Sunsure Energy, the C&I focused renewable power producers  has announced the commencement of solar power supply to Apollo Pipes Limited and Apollo Metalex Pvt. Ltd., part of the APL Apollo Group , India’s largest producer of Structural Steel Tubes and Pipes. Sunsure will be supplying 10.5 million units of renewable energy annually to both the […]

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Hindustan Zinc Burnishes Green Creds With Low Carbon Zinc Launch EcoZen

Hindustan Zinc Limited (HZL), India’s largest and the world’s second-largest integrated zinc producer, has launched EcoZen, its low carbon ‘green’ zinc brand today. Recognized as the world’s most sustainable metals & mining company as per S&P Global CSA, the company has launched Asia’s first low carbon ‘green’ zinc offering for its customers worldwide, to hit […]

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Q1 Results: Suzlon Registers 199% Growth In Net Profits

Indian Wind Energy Company Suzlon Group today announced the financial results for its first quarter (Q1) for Financial Year 2024-25. In its filing before BSE, the company reported a consolidated 199 percent growth in its net profits on a Year-on-Year (YoY) basis. Compared to the last quarter, the Pune-based company reported a 19% growth in […]

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JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects

JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […]

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Honeywell Forays Into AI Battery Manufacturing Platform

Honeywell has announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimise the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. With traditional standalone solutions, battery manufacturers’ material scrap rates can be as high as 30% […]

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