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Energy efficiency

The interconnected impact of energy on real estate, industries and national development

Complete dependence on fossil fuel, which is a very volatile segment, can leave a country vulnerable to price fluctuations and geopolitical disputes. This is turn has a huge impact on the country’s economy as well. A prime example of which, can be seen with the current Ukraine- Russia crisis’s impact on the European countries rise in gas prices and subsequent economic turbulence.

Schneider Electric opens new campus in India

Spread across 6.3 lakh sq.ft. and built with an investment of INR 200 crore (EUR 22 million), the new campus in Bengaluru will host a global innovation hub, training center, R&D center, skill center and digital hub with a capacity to accommodate over 8,000 professionals.

REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE

REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.

A look into the green credit system for renewable energy

Green credits offer a vital mechanism for incentivizing environmentally positive actions beyond just corporations, involving individuals and communities. By providing tangible benefits for sustainable practices, such as renewable energy adoption and conservation efforts, green credits engage the public at large, fostering widespread participation in combating climate change.

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Strategic challenges and choices in meeting Net Zero

One of the measures to achieve net-zero emissions and sustainability lies in transitioning from conventional energy sources to renewable and green energy alternatives. This article focuses on the transition process for businesses. It delves into the entire life cycle of this transition, encompassing regulatory frameworks, strategies, and the requisite consideration of investments needed to facilitate this shift towards a more sustainable future.

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Mahindra Group and Johnson Controls launch net zero buildings initiative in India

Under the Net Zero Buildings Initiative, Mahindra Group and Johnson Controls have launched a cost-free toolkit that will help building and facility owners to learn about the best practices of sustainable buildings, implement tools to assess building parameters, identify and implement conservation measures, and understand building regulations in India, available incentives, technology, financing models, and more.

Siemens profit 36% up YoY in July-Aug-Sept quarter 

Siemens Ltd has announced a  revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023. 

G20 to pursue tripling of renewable energy capacity globally by 2030

The leaders of G20 nations noted the climate finance requirements of developing countries. They agreed to work towards facilitating low-cost finance for energy transition in developing nations.

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Unveiling India’s carbon credit revolution: From local initiatives to global impact

The Indian carbon credit system, operating under the Clean Development Mechanism (CDM) and the United Nations Framework Convention on Climate Change (UNFCCC), stands ahead in several aspects.

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Govt panel outlines electricity market roadmap

A power ministry-constituted panel on electricity market development in India has proposed a market-based mechanism for secondary reserves, power purchase agreements (PPAs) of 12-15 years duration, and 5-minute metering, scheduling, dispatch, and settlement.

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