EKI Energy will invest up to INR 200 crore ($25 million) as an anchor investor in the fund with a deep focus on community development projects across remote locations in India and select countries in Africa, Asia and LATAM.
The Indian manufacturer’s facility at Electronic City in Telangana has become the first LEED Gold-rated solar cell and module manufacturing facility in India. It received the stringent green building rating from the US Green Building Council.
The ‘Net-Zero Industry Accelerator’ program will prioritize industries with the highest carbon footprints and assure a robust ecosystem to support a new generation of entrepreneurs as they take disruptive climate-tech innovations for industrial decarbonization from the lab to market.
To achieve the government’s ambitious renewable energy targets, and integrate the two growing sectors of infrastructure and construction and renewable energy, the existing policies and codes for green buildings need to be further enhanced. Most of these rules need to include specific details about energy generation. Right now, these are more to do with energy efficiency.
A new report proposes a scenario that prioritizes efficiency over variable costs in India’s coal power dispatch mechanism. It goes on to estimate the efficiency improvements and cost savings achieved in this scenario.
The company is working on electrified, reliable, and decarbonized operations and products to get closer toward a carbon-neutral future.
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