Gas price volatility raises questions on its suitability as a bridging fuel: IEEFA
Ongoing changes in global gas demand and supply structures due to geopolitical disturbances and resultant volatility have eroded any economic advantage provided by the fossil fuel.
Will COP29 push the world toward real climate action?
As the world looks to COP29, the stakes have never been higher. Climate finance, energy transitions, biodiversity, adaptation, and carbon markets—each of these issues represents a critical piece of the puzzle in the fight against climate change. Azerbaijan, as host, faces the daunting challenge of balancing competing interests while pushing for ambitious global action.
Vision Mechatronics launches India’s first high-voltage second-life battery
Vision Mechatronics has partnered with JSW MG Motors India to repurpose retired MG ZS EV batteries for industrial use. The initial deployment of the battery is in a Pune-based facility. It uses six modules from MG ZS EV batteries and is paired with an industrial UPS to deliver 36 kW of power.
India needs mindset change towards sustainability for systemic transformation
Considering India’s energy demand doubled between 2000 and 2020 and is set for a tremendous surge to the tune of 73 exajoules (EJ) by 2050, we really have to focus on achieving sustainable energy security for decades to come. This systemic transformation won’t come merely with government directives or policy measures but would warrant a mindset change towards sustainability.
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
The Adani Mundra Cluster comprising Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd joins an international community of 23 industrial clusters collaborating to advance decarbonization.
Adani Green Energy joins the Utilities for Net Zero Alliance
The Utilities for Net Zero Alliance is an international platform for enhancing the co-operation within the power and utilities sector to accelerate the adoption of renewables and overcome common barriers in the realisation of global net zero ambitions.
Sustainiam to manage end-to-end I-REC process for Brookfield’s 400 MW of renewable assets
Sustainiam, a carbon management startup, announced it has onboarded Brookfield’s 400 MW of renewable assets for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets. The 400 MW portfolio, now being processed for I-REC registration through Sustainiam’s issuance and trading platform, will enable Brookfield to tap into […]
AM Green acquires Finnish biorefining company, to invest $1 billion for sustainable aviation fuel production
AM Green has acquired Finland based biorefining technology company Chempolis. It will establish large-scale biorefineries to produce bioethanol and other green products from biomass feedstocks utilizing Chempolis technology.
How ESG creates value for companies in the renewable energy industry
Companies that embed ESG (Environmental, Social, and Governance) principles into their core strategies are better positioned for long-term resilience and competitiveness in the rapidly evolving renewable energy industry.
With energy transition we see strong growth in power and transmission sector: Vedanta Aluminium CEO
John Slaven, chief executive officer, Vedanta Aluminium, sees strong growth in demand from power & transmission and automotive sector with India’s focus on energy transition.
