Coal, a heavy burden on Indian Railways
Recognizing coal’s network congestion effects and accelerating clean energy can enable the Indian Railways to better serve an expanding economy, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
UltraTech Cement targets 85% green energy in its total energy mix by 2030
Currently, UltraTech Cement has a green energy capacity of 691 MW (262 MW from waste heat recovery systems and 429 MW contracted renewables), which meets about 22% of its current electricity requirements.
Adani Group to invest $100 billion in green energy transition over 10 years
Adani Group targets to become net zero by 2050 or earlier for five of its portfolio companies — Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC, and Ambuja Cements.
EKI Energy, IndianOil partner to promote indoor solar cooking system
EKI Energy Services will oversee the production, marketing, installation, and after-sales services of ‘Surya Nutan,’ an innovative indoor solar cooking system designed and patented by IndianOil. The initiative will be supported by carbon finance.
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.
Adani Energy Solutions earns outstanding ESG ratings for sustainable practices
Adani Energy Solutions Ltd (AESL) has earned an Environment, Social, and Governance (ESG) performance score of 86% from CSRHub, much above the global electrical and gas utilities industry average. Sustainalytics’ ESG risk rating of 31.5 outperforms the global electric utility industry average of 32.1.
Major U.S. solar developer announces recycling plans
EDF Renewables North America signs on with Solarcycle to recycle damaged or broken solar panels.
Europe should produce its own green hydrogen
As the cost of generating clean energy continues to fall, producing green hydrogen in Europe, rather than importing it from Africa – with all the transport costs and raised carbon footprint that would entail – is beginning to look like an increasingly viable option.
Install grid-connected solar, rinse, repeat
Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?
Ayana Renewable Power earns ‘A-’ in ISS ESG Rating
Indian developer Ayana Renewable Power has been recognized with ‘A-‘ rating for its performance on the Environmental, Social, and Governance (ESG) metrics, becoming the top ESG scorer among all renewable energy firms in Asia.
