Investment of Over $710 Million Planned to Enhance IKEA’s Sustainability Commitment
Netherlands-based Ingka Group announced its plans to invest €600 million (~$710 million) over the coming year to help IKEA, its subsidiary, keep its commitment to become climate positive by 2030 ...
EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability: Interview
Large corporations can play a significant role in spearheading the transition towards green energy, decarbonization, and a sustainable future. Over the last few years, Amazon, an e-commerce giant and one of ...
News Wrap-Up: Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables
Here are some noteworthy cleantech news and announcements from the around the world week: Meyer Burger, a Switzerland-based engineering company, announced that it had secured new locations to set up ...
BMW Targets Seven Million Electric Vehicles on the Road by 2030
The BMW Group, a Germany-based luxury automobile manufacturer, announced that it hadset a target of producing seven million electric vehicles (EVs) by 2030, making resource efficiency and sustainability central to ...
Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar Segment
As the economy dwindles, industries worldwide are looking frantically at cost-saving measures to keep profit margins from getting thinner. While some segments of the commercial and industrial sector witnessed a ...
In FY 2020, 44.3% of Infosys’ Electricity Came From Renewable Sources: Interview
Infosys, an Indian information technology company, recently signed up for 'The Climate Pledge,' committing to achieve net-zero carbon emissions across its businesses by 2040, making it the first Indian company ...
155 Major MNCs Ask World Governments to Develop Sustainable COVID-19 Recovery Policies
In all, 155 multinational corporations (MNC) from across the world have signed a statement asking governments to integrate the latest climate science developments into their efforts to help their respective ...
Investments Should Now Become ‘Climate-Smart’
Coal is a necessary evil for most of the countries in the world. Though many emerging markets, including India, are transitioning towards sustainable energy, coal is far from being replaced ...
ISA and Commonwealth Join Hands to Promote Solar Power in Member Countries
The Commonwealth of Nations and the International Solar Alliance (ISA) have signed a Memorandum of Understanding (MoU) to expand solar power in the Commonwealth member countries. The agreement was signed ...
Maharashtra Partners with IFC for Green Buildings in the State
The Maharashtra State housing department has entered into a memorandum of understanding (MoU) with the International Finance Corporation (IFC) to promote green housing. The MoU is partly funded by IFC’s ...
Government Proposes EV Charging Stations at Every 25 Kms on Roads
The Town and Country Planning Organization, Ministry of Housing, and Ministry of Urban Affairs have released amendments to Model Building By-Laws (MBBL) to provide for electric vehicle (EV) charging infrastructure ...
Amazon Sets Goal to Make 50% of Shipments Net Zero Carbon by 2030
Technology and e-commerce giant Amazon has announced that it aims to make 50 percent of all of its shipments with net zero carbon by 2030. The company plans on achieving ...
Coimbatore Smart City Issues Tender to Procure Energy Efficient LED Street Lights
Coimbatore Smart City has issued a tender for the replacement of existing conventional street lights by smart LED energy efficient lamps. The scope of work of this tender also includes ...
Ministry of Science & Technology Sets up Solar Energy Harnessing Center at IIT Madras
The Ministry of Science & Technology has set up a solar energy harnessing center at the Indian Institute of Technology, Madras (IITM). The center will have a network of scientist ...
India Announces New Energy Conservation Building Code for Residential Buildings
The Ministry of Power (MoP) has announced the ECO Niwas Samhita 2018, which is the Energy Conservation Building Code for residential buildings (ECBC-R). The implementation of this code is expected ...
European Union to Join Hands with India for the Growth of Sustainable Technologies
The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network
NTPC Limited has signed a memorandum of understanding (MoU) with a host of vehicle aggregators for the development and utilization of public charging infrastructure across the country. Seven vehicle aggregators namely: Ola, ...