Sustainability

ITC Limited, an Indian multi-business conglomerate, said it had commissioned its first offsite solar project in Dindigul, Tamil Nadu. The 14.9 MW solar project, built with an investment of ₹760 ...

Here are some noteworthy cleantech announcements of the day from around the world: Vancouver-headquartered Volt Energy has announced its first environmental justice and renewable energy initiative with Microsoft. Under the ...

Here are some noteworthy cleantech announcements of the day from around the world: U.S. Senator Jon Ossoff has announced legislation to boost clean energy initiatives under the Sustainable Highways Innovation ...

Here are some noteworthy cleantech announcements of the day from around the world: Solar module manufacturer Saatvik Green Energy has secured a 141.76 MW solar module order from BHEL. The ...

Here are some noteworthy cleantech announcements of the day from around the world: The Asian Development Bank has approved $160.5 million in financing for the 240 MW Dau Tieng 2 ...

Renewable independent power producer Vena Energy has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (~$500 million) from eight lenders. A revolving credit facility is a line of ...

Here are some noteworthy cleantech announcements of the day from around the world: An international consortium comprising Oman’s integrated energy company OQ, green fuels developer InterContinental Energy, and Kuwait government-backed ...

The Asian Development Bank (ADB), under its draft energy policy, has announced that it will discontinue financing any new coal-fired capacity for power and heat generation or any facilities associated ...

E-commerce giant Amazon has issued a $1 billion sustainability bond to fund ongoing and new projects in five key green spheres. The company aims to finance green and social projects ...

In a significant development, the European Investment Bank (EIB) and the State Bank of India (SBI) have launched a new initiative of €100 million (~$121.63 million) for climate action and ...

CDC Group, a U.K. government-owned financial development institution, has announced a ₹2.5 billion (~$33.44 million) investment into distributed solar energy company Fourth Partner Energy. The capital from CDC will be ...

Deutsche Bank has joined the new Net Zero Banking Alliance (NZBA), whose signatories commit to reaching carbon neutrality by 2050. The NZBA was recently formed with 43 banks from 23 ...

Here are some noteworthy cleantech announcements of the day from around the world: The Oberoi Group signed a memorandum of understanding (MoU) with Energy Efficiency Services Limited (EESL) to further ...

Mumbai-based power producer JSW Energy announced plans to double its power generation portfolio with renewable and hydropower-based generation sources contributing to 70% of its total capacity in the medium term ...

Jaguar Land Rover, a luxury automobile manufacturing arm of Tata Motors, has announced plans to become carbon neutral across its supply chain, products, and operations by 2039. As a part ...

The Ministry of Finance's (MoF) Economic Survey for 2021 reiterated the Indian government's commitment to sustainable development despite the challenges brought forth by the COVID-19 pandemic. It also spoke about ...

Carlsberg Group, a Denmark-based multination brewer, announced that it has joined hands with Desolenator, a water purification technology provider, to provide clean drinking water for a town with a population ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...