According to research by the rating firm Crisil, solar power farms in India have seen their efficiency grow from 59% to 75% due to more prolonged and sunnier days. The percentage of projects that reached the P90 generation level increased, with 75% stating that they achieved P90 in the current financial year, compared to 59% […]
Solar power farms in India are on an upswing, according to Crisil Read More »
To speed up green transformation, the Reserve Bank of India (RBI) has proposed amending the decade-old corporate social responsibility laws regulated by Section 135 of the Companies Act, 2013. In keeping with the country’s green-transition ambitions, the central bank proposes a five-pronged CSR fund strategy to encourage business climate action in its annual Report on
RBI’s CSR regulation change to encourage climate action Read More »
A significant producer of aluminum in India and a Vedanta affiliate, BALCO (Bharat Aluminium Company), has partnered with SRIP to procure 105MW of hybrid renewable energy for its aluminum facilities in Chhattisgarh, India. BALCO will employ hybrid renewable energy from wind and solar sources to serve its Korba-based smelter instead of the current non-renewable power
BALCO Signs a 105MW Renewable Energy Contract Read More »
In a record amount of time, Jakson Green, supported by the global infrastructure and renewables company Jakson Group with headquarters in India, has acquired over 1 GW of renewable EPC orders for the Middle East, Africa, and India. In addition to its impressive renewable EPC orders in India, Jakson Green has won EPC projects with
Jakson Green wins over 1 GW of renewable EPC orders Read More »
The Reserve Bank of India has published comprehensive guidelines for accepting “green deposits” by banks and NBFCs. The funds might be utilized for financing initiatives like renewable energy, environmentally friendly transportation, and green construction. In releasing the guidelines for accepting green deposits by regulated entities, the RBI noted that green finance is also steadily gaining
RBI has released a framework for green deposits Read More »
A group of 23 venture capital firms, the Venture Climate Alliance (VCA), was formally established last week to promote aggressive climate action that will end corporate carbon emissions. Energy Impact Partners, Prelude Ventures, Capricorn Investment Group, DCVC, Tiger Global, Galvanise Climate Solutions, S2G Ventures, Union Square Ventures, World Fund, 2150, and other well-known climate impact-focused
Major Venture Capital Firms Launch Venture Climate Alliance Read More »
According to the Central Electricity Authority, the nation’s overall production of green energy surpassed 125 GW in March 2023. Tenders for 15 GW of green energy will be released in the first two quarters of the current fiscal year, while tenders for 10 GW will be released in the last two. As the organisations responsible
Government targets 500 GW of green energy for PSUs Read More »
Cosmo teams with the Indian Army to “Go Green.” The Cosmo Foundation, a community outreach program of Cosmo First Limited, planted 10,000 trees at the AAHWAN Centre in Delhi Cantonment in honor of Earth Day. The Miyawaki methodology, a ground-breaking strategy for restoring forestry cover in urban areas, is used to carry out the tree
Indian Army to “Go Green” Read More »
Singapore and China form a task force on green finance. The China-Singapore Green Finance Taskforce (GFTF) has been established jointly by the People’s Bank of China (PBC) and the Monetary Authority of Singapore (MAS) to strengthen Singapore and China’s bilateral cooperation in green and transition financing. The GFTF will also make it easier for the
A task force on green finance Read More »
Adani Green Energy Ltd. (AGEL) announced today that it had been recognized for water conservation against consumption. DNV, a dependable international assurance organization, has awarded AGEL its Water Positive certification. According to a corporate statement, the verification statement shows that AGEL conserves more water than it uses. For AGEL’s operational sites in Tamil Nadu, Rajasthan,
Adani Green Energy Recognised for Water Conservation Read More »