Suzlon Sells Corporate Headquarters for $52.5M in Sale and Leaseback Deal
This strategic move aims to unlock capital and support growth by turning asset-light. Suzlon will continue operations at the property.
TotalEnergies to Invest $444M in New Joint Venture with Adani Green
The new entity will house a portfolio of 1,150 MW AC solar assets, combining operational and under-construction projects.
L&T Creates Separate Renewable EPC Business to Tap Growing Global Demand
Larsen & Toubro carves out a new business vertical for renewable EPC projects amid growing global demand in its infrastructure segment.
Inox Wind’s Resco Global Raises $41M for Wind Energy Expansion
Inox Wind’s subsidiary raises $41.75 million to expand its wind energy EPC services in India and capitalize on the growing renewable energy market.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
Cabinet Approves $492M Funding for 15GW Hydropower Projects in NE
The scheme would be funded through 10 percent gross budgetary support for the North Eastern Region from the total outlay of the power ministry.
SAIL Takes a Leap Toward Carbon Neutrality with Biochar
SAIL’s groundbreaking use of biochar marks a significant step towards reducing carbon emissions in steel production.
UAE’s IFFCO Group Sets New Landmarks on its Climate Roadmap
The group has announced significant progress in its ESG efforts, including increased waste recycling and reduced water intensity.
India To Record 8% Rise in Electricity Consumption in 2024: IEA
Assuming a return to average weather conditions, IEA expect electricity demand growth in India to ease moderately to 6.8 percent in 2025.
NITI Aayog Sets Up Committees to Tackle CCUS Challenges
These initiatives were the outcome of a two-day workshop on “Legal & Regulatory Frameworks and Technical Considerations for Carbon Capture Utilization and Storage (CCUS)” held from Aug. 22-23 at The Oberoi, New Delhi.