PACE Mission – Plankton, Aerosol, Cloud, and Ocean Ecosystem satellite. NASA has embarked on a groundbreaking mission by successfully launching the Plankton, Aerosol, Cloud, and Ocean Ecosystem (PACE) satellite. Launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, PACE aims to deepen our understanding of ocean health, air quality,
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$300 million in its maiden sustainable finance bond issue. In a significant move towards sustainable finance, HDFC Bank, the largest private sector lender, announced the successful raising of $300 million in its maiden sustainable finance bond issue. This issuance is part of the $750 million bond raise announced on Tuesday and is poised to drive
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Offshore Wind Projects In a significant move towards bolstering renewable energy endeavors, ONGC and NTPC Green Energy Limited (NGEL) have sealed a Joint Venture Agreement (JVA) to focus on developing offshore wind projects. The agreement, inked during India Energy Week in Goa on 7 February 2024, witnessed the presence of the Honourable Minister of Petroleum
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Government Working on Policy Mechanism to Integrate Green Hydrogen with Renewable Energy Sources In alignment with the government’s commitment to ramping up renewable energy adoption and leveraging green hydrogen, the Ministry of New and Renewable Energy is actively strategizing policies to facilitate the utilization of green hydrogen for round-the-clock electricity provision. Union Minister for Power
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Sustainable growth and Decarbonisation In a bold move towards sustainable growth and Decarbonisation, the diversified conglomerate Essar Group has announced plans to invest billions of dollars in several groundbreaking initiatives, including the establishment of a green hydrogen plant, the world’s first green refinery, and the development of an LNG and electric ecosystem to decarbonise long-haul
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Expansion of the Climate Tech Ecosystem HSBC has forged a groundbreaking partnership with Google Cloud to bolster climate mitigation and resilience efforts by extending financing and support to companies enrolled in the Google Cloud Ready–Sustainability (GCR-Sustainability) program. The GCR-Sustainability program serves as a validation platform for companies offering solutions on Google Cloud that facilitate carbon
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The Water Challenge for Water-Tech Solutions in India In a concerted effort to foster innovation and address pressing environmental challenges, The Circle Founders Club (The Circle FC), backed by Hunch Ventures, unveiled a groundbreaking accelerator program to nurture early-stage climate-tech startups focusing on water-related issues in India. The 12-week accelerator program, aptly named ‘The Water
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A Global Brand for Low-Carbon and Circular Products Heidelberg Materials, a leader in the heavy building materials industry, has launched its new global product brand, evoBuild, which offers low-carbon and circular products. Characterized by their robust sustainability credentials, evoBuild products undergo rigorous scrutiny to ensure compliance with stringent sustainability criteria. This initiative marks a significant
Green Hydrogen Pilot Projects In a significant stride towards fostering sustainable practices within the steel industry, the Government of India has unveiled guidelines for conducting pilot projects to harness green hydrogen. Released under the moniker “Scheme Guidelines for Implementation of Pilot Projects for Use of Green Hydrogen in the Steel Sector under the National Green
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Cleantech Solar, a prominent provider of renewable energy solutions to corporates in India and Southeast Asia Cleantech Solar has achieved a significant milestone in its mission towards sustainable energy advancement. The company has secured a long-term senior secured loan facility worth INR 6.25 billion from Tata Capital Ltd, earmarked for bolstering its open-access portfolio in
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