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EU, China, others team up to coordinate ‘green’ investment financing

By : Sustainability ..., Oct 21, 2019

The European Union, China, India and several other countries teamed up on Friday to coordinate rules and standards for trillions of dollars of private and public “green” investment needed over decades to prevent irreversible climate change. The initiative, called the...

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India looking at $500 bn investment in renewable energy generation by 2028

By : Sustainability ..., Apr 26, 2019

India is looking at a mammoth $500 billion worth of investment in creating renewable energy generation capacity with tendering of 500 Gigawatt (Gw) by 2028 in addition to $250 billion investment in grid expansion and modernisation required for...

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Freshwater pollution will be prime cause of death by 2050, warns UN report

By : Sustainability ..., Mar 15, 2019

Pollutants in our freshwater systems will see anti-microbial resistance become the number one cause of death by 2050, warns a landmark UN report compiled produced by 250 scientists from 70...

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ReNew Power raises $375 million via green bonds

By : Sustainability ..., Mar 8, 2019

Clean energy firm ReNew Power on Thursday said it has concluded a green bond issue of $375 million, which would be used for capital expenditure on green projects and refinancing external...

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Solar power projects get $113 million funding boost from KfW-Bank of Baroda tie-up

By : Sustainability ..., Feb 25, 2019

 Bank of Baroda and Germany’s KfW Development Bank today announced they have joined hands to extend funding of $113 million to refinance solar power projects in India....

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Muenzer’s 1st community-scale UCO biodiesel plant in India opens

By : Sustainability ..., Feb 22, 2019

European biodiesel producer Muenzer Bioindustrie GmbH has opened its first biodiesel plant outside of Europe in Navi Mumbai, India. According to Harald Sigl, head of corporate communications and...

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Indian Railways Pushes Towards Goal Of Full Electrification By 2022 With ABB Deal

By : Sustainability ..., Feb 20, 2019

The deal will supply ABB’s industry leading converters for electric trains to Diesel Locomotive Works in Varanasi in Northern India. ABB will build the converters at one of ABB’s largest...

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Amazon plans to make 50% of shipments net zero carbon by 2030

By : Sustainability ..., Feb 20, 2019

Amazon hopes to make 50 percent of all shipments to customers with net zero carbon in the next 11 years as part of an initiative it’s calling Shipment Zero, it said today. It also announced that...

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Relief for solar developers on safeguard duty

By : Sustainability ..., Feb 18, 2019

Developers who won solar projects just before safeguard duty on solar panels and modules was imposed on July 30 last year have been greatly relieved by an order passed by Maharashtra’s power regulator on Friday, maintaining that such duty amounted...

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Policy on energy storage will help bring in investments: AES Executives

By : Sustainability ..., Feb 15, 2019
The CEOs were in India to announce the launch of what they claim to be Asia’s largest gridscale energy storage project for...
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