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IEA Upgrades Solar To Energy ‘King’ In Outlook for 2021, 2022

The International Energy Agency (IEA), in its latest Energy market update, has flagged renewables as the only category which saw  demand increase. based on this, and the competitive filed for renewables versus other energy options, the agency sees a solid future ahead for renewable energy, particularly Solar. For India, which has been hit hard by […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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€100 Billion SBI and EIB Climate Action Initiative Launched

EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […]

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Ujaas Energy Confirms its 7 MW Solar Plant in MP is Under Break Down

Ujaas Energy has announced that its 7 MW solar power plant in Barod in Madhya Pradesh is under break down.  In a regulatory filing, the firm stated that its “7 MW Solar Power Plant of the company situated at Barod location- Block no – S3 is under break down by fault identification and root cause […]

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PLI Scheme for Solar Manufacturing to Benefit Incremental Demand till FY30: Report

According to a new report India’s solar modules manufacturing under production linked incentive (PLI) scheme will benefit incremental panels demand till the financial year 2030 (FY30). Ind-Ra estimates that the allocation of INR 45 billion towards the solar modules manufacturing industry by the Ministry of New and Renewable Energy (MNRE) can benefit the sales of […]

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ACC & Ambuja Cements Pushing Decarbonization to Reach Net-Zero Emissions

ACC and Ambuja Cements have announced that they are pushing up their decarbonization agenda to reach their net-zero emissions target. Having an aim to generate clean and green energy both companies are in line with LafargeHolcim’s Net Zero Pledge and its ambition to reduce emissions from electricity. The decarbonization agenda will be delivered through several […]

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EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily”

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […]

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Logistics Engineer or Lead

Manage day-to-day logistics activities for assigned projects for shipments within / outside India by any mode till site. Co-ordinate with delivery management, buyers, suppliers, project, forwarders / transporters or any other agency involved in the shipment. Prepare cost estimation and develop logistics plan for proposals. Develop logistics plan to explore cost optimisation and vendor rationalisation. […]

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ADB to End Fossil Fuel Financing, No Timeline Committed

The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […]

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