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Old King Coal is Dead – Long Live The King

Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […]

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Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Tata Power’s 200 Microgrids to be Ready by 2021

TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […]

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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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LG Chem to Split Battery Business into new Enterprise

LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […]

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Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs

Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […]

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Ministry of Power to set up Rs 2000 Cr JV to Ease Smart Meter Rollouts

Ministry of Power has begun the process to set up a Rs 2,000 crore JV for providing a CBIF to power Discoms for faster roll-out of smart meters in the country The Ministry of Power has begun the process to set up a Rs 2,000 crore joint venture (JV) for providing a common backend infrastructure […]

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5 Emerging Clean Startups Making India Self Reliant

India undoubtedly represents a huge, lucrative market for the cleantech industry with a lot of investments being pumped into the sector. That said, cleantech in India can still be referred to as an emerging concept and the focus to date has been mostly sector-specific. India is a big step as it calls for being ‘vocal […]

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