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Green Building

Transition VC launches INR 400 crore fund for energy startups

Transition VC will invest seed capital in 40 startups across sectors such as e-mobility, green hydrogen, energy storage, net-zero buildings and climate-tech over the next three years.

Premier Energies earns LEED Gold certification for its solar factory

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.

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.

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. 

Adani launches joint venture for renewables-powered data centers

AdaniConneX, the joint venture with US-based data center solution provider EdgeConneX, will develop renewable energy-powered data centers with up to 1 GW of power demand in India over the next decade.

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Green recovery through energy efficiency

The Climate Group has reported that just 33 members of its global EP100 initiative avoided carbon dioxide emission by one billion metric tonnes purely through energy efficiency measures. Of this, 360 million metric tonnes—comparable to taking 77 million cars off the road for a year—was avoided in the last year alone.

Self-assessment tool for renewable energy action

The Portal for Renewable Energy Action Assessment Metrics is an online rating system which enables businesses to self-assess their renewable energy consumption.

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Waaree solar panels power CtrlS data centre

Waaree solar panels installed on all four facades of CtrlS datacenter facility in Mumbai cover over 50,000 square feet of facade area and generate about 1 MW of power.

Modi calls for a rooftop-solar-powered city in every state

The prime minister again emphasized the need for India to develop a domestic solar manufacturing industry and also urged officials to get on with plans to make Ladakh carbon-neutral.

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A plug-and-play solar-powered battery back-up solution for the home

The OneBox, from Indian manufacturer Vision Mechatronics, consists of a lithium battery, hybrid inverter and solar charge controller to give a hassle-free solution for electricity back-up during power outages. Solar rooftop owners are offered a grid feed feature to maximize net metering income from any excess power generated.

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