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Etrio and Kosher Climate collaborate to create India’s first carbon credit framework for Electric Commercial 3-wheelers
Tech-driven leading EV Manufacturer in India, Etrio has announced the strategic partnership with Bangalore-based renewable energy consultants and developers of environmental commodities – Kosher Climate, to collaborate for creating a carbon credit framework – a first-of-its-kind mechanism designed for commercial EVs.
International Solar Alliance and Invest India workshop encourages startups and entrepreneurship in solar in Mauritius
The International Solar Alliance (ISA) and Invest India in collaboration with the Economic Development Board (EDB), Mauritius organised a Capacity Building and Knowledge Sharing Workshop for startups and small business entrepreneurs at the High Commission of India, Mauritius to encourage entrepreneurship in solar and create awareness about ISA’s SolarX Grand Challenge programme.
bp and Morgan Stanley India Infrastructure commit $22m to Magenta Mobility
Magenta Mobility is one of India’s largest providers of electric mobility solutions for last-mile delivery, the journey from hubs to customers. It currently operates in seven cities across India and will use the capital to continue its expansion, bringing electric vehicles and its pioneering tech-enabled services to its customers across the country.
NSDC and Fenice Energy to upskill one lakh Indian youth in renewable energy
The partnership aims to benefit more than 1 lakh learners, which will facilitate job and entrepreneurship opportunities for the learners. It will enable over 5 GW installations over the next 5 years, facilitating the transition to a cleaner, greener India, stated National Skill Development Corporation (NSDC).
ReNew ranks among top renewable power & utility companies globally for ESG, says Sustainalytics
After a thorough and rigorous assessment across various ESG-centric parameters, ReNew has been listed as a ‘low risk’ company with a rating of 11.6, signifying its low ESG risk exposure and sustainability. The company has been ranked seventh among 93 renewable power companies and tenth among 698 utilities globally.
Diversified & circular renewable energy and critical mineral supply chains will play a critical role in India’s energy transition: MNRE Secretary
Bhalla noted that a series of economic disruptions have exposed the world to risks that are slowing down the pace of the global clean energy transition and have raised concerns about energy security.
Metastable Materials raises seed funding by Sequoia India’s Surge, Speciale Invest and Theia Ventures
The startup is scaling up its battery recycling capabilities and operations. In October 2022, Metastable opened a 21,000 sq ft urban mining facility located on the outskirts of Bengaluru. The facility can process 1,500 tonnes of material annually, which accounts for up to 6% of India’s recycling demand for Li-ion batteries.
MNRE conducts ‘Green Hydrogen – Accelerating Net-Zero Pathways’
Policy mechanisms, common protocol for hydrogen certification and regulatory frameworks along with collaborations between countries, could accelerate a green hydrogen ecosystem, said Shri B. S. Bhalla, Secretary, MNRE, while speaking at the event.
South Pole and Oorja use new D-RECs to combat India’s growing diesel problem
Through the D-REC partnership, South Pole supports Oorja to certify and commercialise the renewable energy generated by Oorja’s solar assets, using the D-REC platform. This unlocks a new revenue stream that helps financing and thus accelerating the deployment of solar irrigation pumps.
NTPC registers highest ever power generation of 400 BU in FY23, a growth of 10.80%
NTPC Ltd, India’s largest integrated power generator, has registered the highest-ever power generation of 400 BU in FY23, a growth of 10.80% via-a-vis previous year.
