Strategic challenges and choices in meeting Net Zero
One of the measures to achieve net-zero emissions and sustainability lies in transitioning from conventional energy sources to renewable and green energy alternatives. This article focuses on the transition process for businesses. It delves into the entire life cycle of this transition, encompassing regulatory frameworks, strategies, and the requisite consideration of investments needed to facilitate this shift towards a more sustainable future.
Mahindra Group and Johnson Controls launch net zero buildings initiative in India
Under the Net Zero Buildings Initiative, Mahindra Group and Johnson Controls have launched a cost-free toolkit that will help building and facility owners to learn about the best practices of sustainable buildings, implement tools to assess building parameters, identify and implement conservation measures, and understand building regulations in India, available incentives, technology, financing models, and more.
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.
G20 to pursue tripling of renewable energy capacity globally by 2030
The leaders of G20 nations noted the climate finance requirements of developing countries. They agreed to work towards facilitating low-cost finance for energy transition in developing nations.
Unveiling India’s carbon credit revolution: From local initiatives to global impact
The Indian carbon credit system, operating under the Clean Development Mechanism (CDM) and the United Nations Framework Convention on Climate Change (UNFCCC), stands ahead in several aspects.
Govt panel outlines electricity market roadmap
A power ministry-constituted panel on electricity market development in India has proposed a market-based mechanism for secondary reserves, power purchase agreements (PPAs) of 12-15 years duration, and 5-minute metering, scheduling, dispatch, and settlement.
ABB India expands manufacturing footprint
ABB India has added a new line for variable-speed drive modules at its Peenya factory in Bengaluru.
IREDA reports record profit in FY 2022-23
Indian Renewable Energy Development Agency Ltd. (IREDA) recorded an all-time high annual net profit of INR 865 crore in FY 2022-23. The profit was up 36% over FY 2021-22. Loans sanctioned and disbursed also hit record levels.
ABB India achieves 82% reduction in own GHG emissions across all manufacturing locations
Five ABB locations across India (Nelamangala, Peenya, Maneja, Nashik, and Faridabad) are certified as ‘Green Factory Buildings’ by the Indian Green Building Council (IGBC).
India signs MoU on energy efficiency programmes in Indonesia, Malaysia and Thailand
India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.
