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Energy efficiency

Tata Power and Social Alpha launch net-zero accelerator program for industries

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. 

Moving from energy-efficient buildings to energy-generating buildings

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. 

India commits to net-zero by 2070

At COP26 Summit in Glasgow, prime minister Narendra Modi also announced India’s pledge to increase its non-fossil energy capacity to 500 GW by 2030. The nation would also increase renewable energy’s share in its overall energy generation mix to 50% by 2030.

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Larsen & Toubro targets carbon neutrality by 2040 

The Indian multinational EPC contractor will increase the share of renewable energy in the electricity mix across its campuses and project sites as part of efforts to reduce its carbon footprint.

Driving carbon neutrality in the telecom industry

The information and communication technology (ICT) and telecom industry is now equipped with a sophisticated range of solutions to meet the enhanced demand for high-speed data and digital services in a green and energy-efficient manner.

Prioritizing efficient plants in coal power dispatch could save INR 9,000 crore annually

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. 

Hitachi ABB Power Grids to switch to 100% fossil-free electricity by year end

The company is working on electrified, reliable, and decarbonized operations and products to get closer toward a carbon-neutral future.

Tata Power and Social Alpha invest in energy analytics startup ‘Urja’ 

The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time. 

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JICA extends 10-billion yen support for renewable energy projects in India

Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.

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EV maker Euler Motors and energy service firm Smart Joules raise funding from ADB Ventures

Asian Development Bank’s new venture arm ADB Ventures, which invests in technology startups disrupting traditional sectors in the Asia Pacific, has made its first investments into the Indian startups Euler Motors and Smart Joules.

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