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NIIFL and JBIC sign an MOU to enhance Japanese investments into India
The MOU outlines a partnership framework between NIIFL and JBIC which is considering the establishment of a bilateral India-Japan Fund (IJF). JBIC and the Government of India will invest in the India-Japan Fund, which will make equity investments in environmental preservation and low carbon emission strategies.
Union finance minister approves India’s first sovereign green bonds framework
The proceeds generated from issuance of such bonds will be deployed in public-sector projects which help in reducing carbon intensity of the economy.
HRIDC signs agreement with REMCL to develop renewable energy
Under the agreement, the two companies will collaborate to explore areas of renewable energy projects (wind, solar and hybrid) related to net-zero carbon emission targets of the Indian Railways.
Renon launches India’s first dedicated 2WEV platform ‘ALPHA’
This Li-ion battery pack is built with NMC chemistry and has a nominal voltage of 50.4 V and rated energy of 2.01 kWh and it can be extended to the LFP chemistry platform with the same footprint.
COP27 should make headway on climate finance and loss and damage: TERI delegation to Sharm el-Sheikh
With the 27th session of the Conference of Parties (COP) opening at Sharm el-Sheikh in Egypt over the weekend, the delegation from the New Delhi-based The Energy and Resources Institute (TERI) to the session underscored the need for the global climate negotiations to adopt a people-centric approach, and make headway on long-standing issues of climate finance and loss and damage.
Order for Wärtsilä’s future-proof gas engines reflects India’s shift towards cleaner power generation
The technology group Wärtsilä will supply a gas-fuelled 15.5 MW captive power plant under an engineering, procurement, and construction (EPC) contract along with a 5-year Operation & Maintenance (O&M) agreement in Chennai, Tamilnadu, India.
Vedanta BALCO successfully tests biodiesel as green fuel alternative for its aluminium smelter
Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, has successfully conducted trial runs for using biodiesel in smelter operations.
Global solar panel cleaning market to reach $1.1 billion by 2031
Massive demand for energy and escalating environmental awareness to boost the growth of the global solar panel cleaning market. Furthermore, governments across the globe are promoting the use of solar energy and this is projected to create new growth opportunities for the global market.
EnVision: Energy festival driving industry-academia led technology transformation towards net-zero emissions in India
India’s first energy festival happening from 3rd to 5th November 2022 by India Energy Storage Alliance (IESA) and IIT Madras Research Park (IITMRP).
Adani Transmission appointed advanced metering infrastructure (AMI) partner by BEST at Mumbai
Adani Transmission Ltd’s distribution platform will supply, install and maintain 10.80 lakh smart meters for BEST Undertaking after emerging as successful bidder in the recently concluded bid concluded by BEST Undertaking at Mumbai.
