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Sustainability

Polysilicon maker predicts 5-year shortage of solar raw material

TBEA-owned Xinte Energy says it cannot produce polysilicon quickly enough to meet demand and wants shareholders to back its bid to quadruple its manufacturing capacity by mid 2024.

IIFL Home Finance signs $68 million loan agreement with ADB

The funding is aimed to boost women’s access to affordable green housing in India. It includes up to $58 million direct loan by the Asian Development Bank and a $10 million concessional loan by the Canadian Climate Fund for the Private Sector in Asia.

Industry heavyweights look to solid-state battery cells, resources, and recycling

Mercedes-Benz has teamed up with ProLogium to integrate solid-state battery technology into a range of passenger vehicles; Panasonic and Toyota have launched an industrial-academic collaborative research program concerned with battery resources and recycling; and LG Energy Solution plans to spend $2.1 billion with General Motors to build another electric vehicle battery plant in the U.S.

Huge aluminum demand expected in solar industry, concerns arise on emissions

Researchers from the University of New South Wales (UNSW) predict that growth to 60TW of photovoltaics needed to rapidly reduce emissions to ‘net zero’ and limit global warming to <2 °C could require up to 486 Mt of aluminium by 2050. A key concern for this large aluminium demand is its large global warming potential.

Analyst predicts 2030 bidding war for dead EV batteries

A lack of end-of-life batteries this decade is likely to play into the hands of Chinese recyclers located near most of the world’s production facilities, according to analyst WoodMac, but might at least help rebalance the current situation in which new products are cheaper than recycled ones.

India and Australia’s richest race to net-zero by 2030

Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.

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Sterling and Wilson Solar lands its first waste-to-energy project

The Indian multinational solar EPC player has won a project worth INR 1,500 crore for its recently created business segment of waste-to-energy. The project also marks its first order in the European market.

UltraTech Cement to switch to 100% renewable power by 2050

The US$ 5.9-billion building solutions manufacturer aims to increase the share of green energy to 34% of its total power requirement by 2024, and further to 100% by 2050, from the current levels of 13%.

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A circular economy can support India’s push for clean energy and self-reliance

Recovering valuable raw materials from end-of-life solar panels and batteries presents a great opportunity for India to secure their future availability as the nation chases its ambitious renewable energy targets.

Orsted’s transition shows the way for Indian utilities and renewable energy companies

Orsted transitioned from a coal-intensive utility to a global renewable energy leader creating immense shareholder wealth. A new report looks at what strategic decisions led to this transition and learning for Indian companies to look forward to the future energy transition.

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