renewable energy

What are green buildings and how they can help Indian Economy

What are green buildings and how they can help Indian Economy?

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What are green buildings and how they can help Indian Economy Green buildings are structures that are designed, constructed, and operated in a way that minimizes the negative environmental impacts and maximizes the positive social and economic benefits. Green buildings use less energy, water, and materials, generate less waste and emissions, and provide better indoor …

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Greenko & Serentica's signed a 1.5GWh Green Energy Deal

India’s Greenko & Serentica’s 1.5GWh Green Energy Deal

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Greenko & Serentica’s signed a 1.5GWh Green Energy Deal Serentica Renewables, a developer focused on low-carbon energy solutions, has signed a ground-breaking green energy deal with Greenko Group, its counterpart in India, for 1.5 GWh of pumped hydro energy storage (PHES). This deal marks the first-ever contract for capacity from standalone energy storage facilities. The …

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What are green credits

What are green credits and why its important for India?

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What are green credits? India’s Draft for Green Credits: A Novel Way to Reward Environmental InitiativesIndia is taking a pioneering step to introduce a new scheme called the Green Credit Programme (GCP), which aims to incentivize voluntary environmental actions by individuals, communities, businesses, and organizations. The GCP will provide a market-based framework for the issuance …

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Green Hydrogen in India part 1

Green Hydrogen India Factor Part 1

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As the world transitions to clean sources of energy, hydrogen is being seen as more than just another fuel. Hydrogen-fueled economies could become energy independent, while potentially eliminating their carbon footprint, and many economies would have a fair shot at ‘just’ economic progress for all of their citizens. While this may sound eutopic, the energy …

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What is wrong with Indian wind energy industry

What is wrong with Indian wind energy industry

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What is wrong with Indian wind energy industry At the COP26 summit, India committed to achieving net zero carbon emissions by 2070. While solar energy is projected to be the cornerstone of this shift, wind energy will be important in fulfilling India’s increasing energy demand and meeting this aim. Over the previous five years, the …

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Brookfield bought 51% stake in CleanMax Enviro

Brookfield bought 51% stake in CleanMax Enviro to expands green footprint

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Canadian investment firm Brookfield has acquired a 51% share in CleanMax Enviro (CleanMax Solar), which provides renewable energy to commercial and industrial organizations. According to the sources, the company’s equity value is between 3,500 and 4,000 crores. The investment will primarily consist of a secondary sale of shares by current shareholders, with a limited amount …

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Renew raises $400 million via green bonds

Renew raises $400 million via green bonds

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ReNew Energy Global Plc announced that its wholly-owned subsidiary, Diamond II Limited, obtained $400 million by issuing senior secured green bonds. The green bonds received great demand from investors in the United States, Europe, and Asia as the company resumed high-yield issuance from India after a more than a year hiatus, according to a statement. …

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global climate actions

Why India is important for global climate actions?

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The world’s largest climate experiment (global climate actions) is currently taking place in India. An experiment in which everyone is participating, from the government to the private sector, and even individual people are also participating in this experiment. This experiment is trying to turn a country whose primary power source is coal-based power plants into …

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