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Sustainable Energy

The Top 5: Countries Offering Highest Incentives To EV Consumers

Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […]

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India Gets Its First Set Of E-Double Decker Buses in Mumbai

Mumbai’s Brihanmumbai Electric Supply and Transport (BEST) received its first set of E-double decker buses -Switch EiV 22- manufactured by Switch Mobility. Switch Mobility is a subsidiary of Hinduja Group flagship Ashok Leyland and is a manufacturer of next-generation electric bus and light commercial vehicle manufacturer. The electric double deckers are lightweight buses made of […]

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Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain

Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […]

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Skoda Volkswagen Sets into Operation 18.5 MW Rooftop Solar at Pune Facility

Skoda Auto Volkswagen India has announced the installation of 18.5 MW rooftop solar at its Chakan plant in Pune. The group now says that the new rooftop solar facility will be generating about 26.6 million kWh of green energy per year. The solar installation is in line with the ‘goTOzero’ mission of the Volkswagen Group. […]

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EV Manufacturers Optimistic About New EV Policy Announced by Tamil Nadu

Last month, when most States began the year on a note of optimism around EVs, uncertainty loomed large over Tamil Nadu’s EV sector. The State, which had offered multiple incentives for EVs, fell silent on the extension of the same, which concluded on December 31, 2022. This, of course, was followed by worry from EV […]

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Chemical Giant Lanxess to Source Green Electricity from Engie

Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […]

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Italy to Welcome Enel Green’s Solar Panel Gigafactory

Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy.  Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […]

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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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