Advertisements Renewable energy firm ACME Group will invest ₹52,000 crore ($6.70 billion) in Karnataka over five years to set up a green hydrogen and ammonia plant, the state government said on Monday. The investment comes as India aims to manufacture five… Read More ›
Green Investment
India To Meet 50 Percent Of Its Energy Needs from renewables by 2030: Minister
Advertisements Union Rural Development and Panchayati Raj Minister Giriraj Singh on Sunday said India has set an ambitious target of meeting half of its energy needs from renewable resources by the decade-end and reach the net zero emission levels by 2070. The minister said the word is… Read More ›
Australian Iron Ore Mine Sees Potential Of Investments From India
Advertisements An underdeveloped iron ore mine sees potential of investments from India and supply contacts of higher-grade magnetite resources suitable for making green steal as part of the world’s second largest steel producer’s commitment to climate change, a senior company… Read More ›
EU Plans One-Year Renewable Energy Permits For Faster Green Shift
Advertisements The European Union executive wants to speed up the bloc’s green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows. Brussels will next week… Read More ›
India Inc raises record green capital of USD 19 Bn in 2021
Advertisements India Inc has raised a record USD 19 billion in green capital in 2021, led by Wall Street major Bank of America, which is only a fraction of the USD 1 trillion that global corporations raised in green financing… Read More ›
India’s Reliance intensifies green push with USD 80 Bn investment in Gujarat
Advertisements India’s Reliance Industries said it would invest 5.95 trillion rupees ($80.49 billion) to set up green energy projects and bolster its retail and telecom arms in the western state of Gujarat, as it targets net-zero carbon emissions by 2035. Owned… Read More ›
Volkswagen invests in EU-backed energy transformation fund
Advertisements Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carmaker, which has committed to becoming carbon neutral by 2050, said on Wednesday it had entered… Read More ›
Investment in renewables: IMF welcomes India’s announcement at COP26
Advertisements The International Monetary Fund (IMF) on Thursday welcomed India’s announcement with regard to addressing the climate change challenges at the recently concluded COP26 summit in Glasgow. “We welcome India’s announcement at the COP26 of new targets to increase reliance… Read More ›
Britain to fund USD 3 Bn worth of green investments in developing economies
Advertisements Britain announced on Monday it will fund green investments of more than 3 billion pounds ($4.11 billion) over five years and new guarantees to support clean infrastructure projects in developing economies. The UK government made the pledge as the… Read More ›