Climate Watch

Nexgen Energia Commits Rs 15,000 Crore for Green Energy Expansion in India

Nexgen Energia Commits Rs 15,000 Crore for Green Energy Expansion in India

Pioneering Green Energy Infrastructure Green energy solutions company Nexgen Energia has announced a groundbreaking investment of Rs 15,000 crore to establish 5,000 green diesel and compressed biogas pumps across India. This innovative initiative aims to accelerate the nation’s transition to sustainable energy sources and significantly reduce its carbon footprint, inspiring hope for a greener future. […]

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India to Host Inaugural International Solar Festival

First-ever International Solar Festival in September 2024 in New Delhi. India is set to make history by hosting the first-ever International Solar Festival in September 2024 in New Delhi. This groundbreaking event, organized by the International Solar Alliance, not only marks a significant step in enhancing the renewable energy sector globally but also underscores the

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Sustainiam Wins Big at Karnataka’s Elevate 2023

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

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Cleantech Solar Secures INR 855 Crore Green Financing

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

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Amazon Pledges Largest Plastic Packaging Reduction

Amazon Pledges Largest Plastic Packaging Reduction

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

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Green Energy

Green Energy : The Adani Group announces a Rs 1.3 lakh crore investment in FY24. 

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

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EU Launches Net-Zero Academy to Train Workforce

EU Launches Net-Zero Academy to Train Workforce

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

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Essar's plans to invest US$ 3.6 Billion Green Hydrogen Venture in Gujarat

Essar plans to invest in a US$ 3.6 Billion Green Hydrogen Venture in Gujarat.

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

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Microsoft Secures 8 Million Carbon Removal Credits from BTG Pactual Timberland

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

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India Announces New Transmission Schemes for Renewable Energy

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

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