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carbon neutrality

Sungrow Wins Enterprise for Best Practices in Achieving SDGs in 2021 From UNGC

The United Nations Global Compact (UNGC) Network China unveiled the list of Enterprises for Best Practices in Achieving Sustainable Development Goals (SDGs) in 2021. Inverter major Sungrow was shortlisted given its outstanding practices in catalyzing global carbon neutrality. Offering access to affordable and reliable energy Sungrow is among the world’s leading renewable energy solution supplier […]

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World’s largest hydrogen taxi fleet to be powered by Cummins electrolyser

Cummins Inc., through its affiliate Hydrogenics Europe N.V., has signed a contract to supply a 2.5-megawatt (MW) electrolyser to Hysetco, a hydrogen mobility company owned by Total Energies, Air Liquide, Toyota, Kouros and others. The electrolyser will enable local hydrogen production in Paris, France, to power Hysetco’s ambitious project, which aspires to develop and operate […]

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Indian Oil, L&T, ReNew Power in JV For Green Hydrogen

In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […]

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ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects

ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas)  and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […]

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China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025

The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […]

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GoodWe Added to 2022 FTSE Global Equity Index Series

Leading PV inverter and energy storage firm GoodWe technologies Co., Ltd, has officially confirmed its inclusion in the FTSE Global Equity Index Series. GoodWe was listed and the results have come into effect after stock market closure on March 18. Inclusion in a leading global index like the FTSE GLobal Equity Index series is a […]

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Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025

Japan’s leading automaker and Indian market leader  Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […]

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Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP

The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the city’s peak energy demand which currently stands at 3600 […]

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