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ecosystems

APEDB Signs Rs 200 Cr MoU With Urja Global For EV and Battery Manufacturing Plant

Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a Memorandum of Understanding (MoU) for setting up a new plant for manufacturing high technology Lithium-Ion Batteries and electric vehicles for the electric mobility ecosystem. Through this MoU, Urja Global would invest Rs. 200 crore and shall create 250 direct and over 1000 indirect […]

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GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects

The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment.  The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […]

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Parliamentary Panel Suggest Portal to Track Climate Change Targets

The move is to enable stakeholder to keep a track of progress and development in each specific sector including solar energy. To bring transparency to India’s climate change action plan, a parliamentary panel has asked the central government to launch a portal to display updated targets and achievements in the National Action Plan on Climate […]

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Cabinet Clears National Monitoring Framework on SDGs

There is no direct financial implication on implementation of the National Indicator Framework. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the constitution of a High Level Steering Committee for periodically reviewing and refining the National Indicator Framework (NIF) for monitoring of Sustainable Development Goals (SDGs) with associated targets. The High […]

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Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups

The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates. As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to […]

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Government Plans New Subsidy Policy to Foster Electric Vehicles

The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […]

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African Development Bank Plans to Bring Solar Power to Millions

African Development Bank is investing heavily in ways to help the estimated 640 million Africans who lack access to energy as well as protecting them against climate risks. In a significant development, the African Development Bank is unveiling its plan to help connect 29.3 million people in the continent with electricity by 2020. The bank […]

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International Conference on Climate Change to be Hosted by Nepal

The event will witness more than 200 delegates including scientists, environmental experts, government officials, non-governmental organizations and policy makers. An international conference on climate change and concerning its adverse effects to on Hind Kush mountain range’s habitat will be hosted by Nepal to address the sensitive issue. The four day international conference will be inaugurated […]

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Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan

The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […]

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