MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.
Essar Energy Transition, SSE to Launch 40 MW Green Hydrogen Plant in UK
The 40 MW Gowy Green Hydrogen project could be operational as early as 2028, with feasibility studies completed and site works underway.
Renewable Energy Ministry to Unveil Green Hydrogen Certification Scheme
The scheme outlines the certification process, governance structure, and stakeholder roles to ensure transparency in green hydrogen production.
Aramex Appoints Manosij Ganguli as Chief Sustainability Officer
Ganguli joins Aramex with a background in international decarbonization efforts, having previously served at the Energy Transitions Commission and Mission Possible Partnership in London and as the global program director at BP.
BC Jindal Group to Invest $2.5B in Clean Energy Sector Over Next 5 Years
The group will venture into the sector by launching Jindal India Renewable Energy, which aims to generate 5 GW of power from solar, wind and hybrid platforms.
IFC Invests $105 Million in Brookfield’s Solar Project
The IFC’s investment will be made through long-term loans allocated to the project’s special purpose vehicles and entities responsible for its implementation.
Diageo to invest €100 Million to Decarbonize Historic Guinness Brewery
The goals include achieving 100% renewable energy use, net-zero carbon emissions in direct operations, and a 50% reduction in indirect emissions from suppliers.
Grasim Raises ₹1,250 crore from IFC Through Sustainability Bonds
The proceeds from this initiative will be directed towards supporting decarbonization efforts within its new paint-manufacturing business.
Solar Booms in Europe in 2024 Power Generation
2023 saw a record-breaking 14 GWDC of new solar capacity in Germany, with rooftop installations playing a key role.
Abu Dhabi’s ADNOC to Invest Dh 84 Billion for Decarbonization
Abu Dhabi National Oil Company reinvests Dh178 billion into the UAE economy in 5 years; Dh84 billion into decarbonization efforts.