Elevate 2023 – Recognizing Sustainiam as a Promising Technology-Driven Startups Sustainiam, a burgeoning climate-tech startup based in Bangalore, has achieved a significant milestone by emerging as one of the top 15 winners in the prestigious Elevate 2023 Call Two program organized by the Government of Karnataka. This remarkable feat, which includes a grant of 25 […]
Sustainiam Wins Big at Karnataka’s Elevate 2023 Read More »
Green Financing to advance open-access renewable energy projects in India Cleantech Solar, a leading provider of renewable energy solutions in India and Southeast Asia, has successfully closed a long-term senior secured loan worth INR 855 crore from Aseem Infrastructure Finance Limited. This significant financial backing will propel the development of Cleantech Solar’s open-access Commercial and
Cleantech Solar Secures INR 855 Crore Green Financing Read More »
Unprecedented Reduction in Plastic Packaging In a significant move towards sustainability, Amazon has announced its plan to eliminate plastic air pillows from its packaging and replace them with recycled paper. This change is part of a broader, multi-year strategy to reduce plastic waste and promote eco-friendly practices in its fulfillment centers across North America. Urgent
Amazon Pledges Largest Plastic Packaging Reduction Read More »
The strategic focus will be on Green Energy, Hydrogen, and Infrastructure The Adani Group has announced a massive investment of Rs 1.3 lakh crore for 2024, reinforcing its commitment to sustainable development and infrastructure growth. The diversified conglomerate’s strategic focus will primarily be on Green Energy, Hydrogen, and Infrastructure, which will be a significant step
Green Energy : The Adani Group announces a Rs 1.3 lakh crore investment in FY24. Read More »
A unique initiative : Net-Zero Academy In a significant stride toward a sustainable future, the European Commission has announced the launch of the European Solar Academy, a unique initiative that stands as the first of several Net-Zero Academies. This pioneering academy is designed to address the growing need for skilled workers in the renewable energy
EU Launches Net-Zero Academy to Train Workforce Read More »
A Green Hydrogen plant in Jamnagar, Gujarat Over the next four years, Essar Group has unveiled a monumental plan, committing a staggering US$ 3.6 billion (Rs. 30,000 crores) to establish a green hydrogen plant in Jamnagar, Gujarat. This strategic move underscores Essar’s unwavering commitment to expanding its footprint in the clean energy sector and positions
Essar plans to invest in a US$ 3.6 Billion Green Hydrogen Venture in Gujarat. Read More »
Largest Carbon Removal Credit Transaction In a groundbreaking collaboration, BTG Pactual Timberland Investment Group (TIG) and Microsoft have joined forces in a landmark agreement. This partnership, set to provide up to 8 million carbon removal credits through 2043, marks the largest transaction of its kind to date according to MSCI Carbon Markets data. The magnitude
Microsoft Secures 8 Million Carbon Removal Credits from BTG Pactual Timberland Read More »
Ministry of Power Notifies Key Projects to Boost Renewable Energy Infrastructure The Ministry of Power (MoP), a key player in India’s energy sector, has issued a crucial notification outlining the implementation of transmission schemes designed to evacuate power from renewable energy zones and to strengthen the transmission system. This notification, dated June 14, 2024, introduces
India Announces New Transmission Schemes for Renewable Energy Read More »
Funding for Climate Projects Agri-finance startup Samunnati has secured its most significant debt tranche, receiving Rs 133 crore ($16 million) from Blue Earth Capital, a global impact investment firm. This critical funding will further Samunnati’s efforts to enhance climate and sustainability projects in rural communities across India. Strengthening Climate and Sustainability Efforts Anil Kumar SG,
Samunnati Secures Rs 133 Crore for Climate Projects Read More »
A cutting-edge compressed Biogas Plant Gruner Renewable Energy has unveiled a pioneering project to establish a cutting-edge compressed biogas (CBG) plant in Navsari, Gujarat, with a substantial investment of Rs 220 crore. This groundbreaking initiative aims to produce 44 tonnes of biogas daily, harnessing the power of cost-effective feedstocks such as paddy, pressmud, cane trash,
Gruner Renewable Energy to Build Rs 220 Crore Biogas Plant in Gujarat Read More »