SUBSCRIBE NEWS LETTER

Net Zero Carbon

Assistant Manager – Sustainability & Climate Change

The Group has identified sustainability and broader elements of ESG as a priority in the next phase of its growth. The Group sustainability function will focus on group level policies, processes and guidelines, education, capacity building, quality and governance of ESG-related issues, identification of Group level ESG ambitions, its linkages to corporate brand and advising […]

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GAIL Contract To Build India’s largest PEM based Green Hydrogen Project

GAIL Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser to produce 4.3 MT Hydrogen a day in India. In tandem with the National Hydrogen Mission, the renewable energy-powered project would be installed in Guna, Madhya Pradesh. So designed as to produce around 4.3 Metric Tons of […]

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Hanwha invests $320M in cell, module mfg capacity expansion

Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […]

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Second-hand electric cars sale double in UK

According to the fresh data released by the Society of Motor Manufacturers and Traders (SMMT), the sale of second-hand electric cars have increased in the United Kingdom to almost 14,600 in the first quarter of 2022 from a mere 6,600 in the first quarter of 2021. This marks an abrupt increase of 120% considering the […]

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Mubadala, ENGIE To Ease EV charging in Abu Dhabi, Middle East

Mubadala Investment Company has signed a Memorandum of Understanding (MoU) with French energy major ENGIE for the development of a digital platform to enable charging electric vehicles in Abu Dhabi and the Middle East region. ENGIE is a global leader in energy business. The MoU entails that Mubadala and ENGIE will look to develop a […]

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South Western Railway installs 4600 KWp rooftop solar

The Indian Railways has made some of the most ambitious pledges to decarbonise, starting with the promise to be 100% electric by 2024 and net zero by 2030. While those ambitions are still some way off, progress continues to be steady on the ground. As of January this year, with plans to install solar at […]

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Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant

KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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