Adani Green Emerges as India’s Renewable Energy Leader with 10K MW Capacity
This milestone was achieved after commissioning a 2,000 MW solar plant at the giant Khavda Solar Park in Gujarat.
Xiaomi Electrifies the EV Market: SU7 Debuts with 90,000 Orders in 24 Hours
The SU7 boasts impressive features, including a claimed range of up to 800 kilometres on a single charge and a 0-to-100 km/h acceleration time of a mere 2.78 seconds. The top speed is 265 kilometres per hour.
Microsoft Inks Deal for Biochar Carbon Removal Credits
Microsoft signed a 6-year agreement with The Next 150, a climate solutions provider, to purchase 95,000 tons of carbon removal credits.
Adani Green Pledges 45 GW by 2030
The centrepiece of Adani Green’s plan is the Khavda renewable energy park in Gujarat, India. Spanning a staggering 538 square kilometres – more than five times the size of Paris – this colossal project will be the world’s largest renewable energy park upon completion.
Indian Steelmakers to Meet Global Emission Standards by 2030; Says Crisil
Lowering emissions will enhance their environmental credentials and also open doors to new funding avenues.
Will Europe Launch Carbon Tax on LNG Imports?
The EU launched its carbon border adjustment mechanism (CBAM) in October 2023, initially targeting specific industries like steel and aluminum. While LNG isn’t included for now, the bloc has extended its Emissions Trading Scheme (ETS) to shipping.
The Price War on Batteries to Reduce the Cost of EVs
China’s CATL, the world’s largest manufacturer of batteries for electric cars, plans to halve its battery costs this year, igniting a price war with Chinese Car maker BYD’s subsidiary FinDreams.
JSW MG Motors JV Targets 1 Million EV Sales by 2030
The JV aims to capture 33% of the new energy vehicle market within the decade.
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.
Gensol Engineering Completes 160 MW Solar Installation
The project is in Bhavnagar, Gujarat for Continuum Green Energy and is valued at Rs 128 crore.