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IH2A Urges Government To Boost National Green Hydrogen Mission Budget By USD 2.5 Bn

Industry coalition calls for increased support to accelerate green hydrogen development, infrastructure, and demand side incentives   The India Hydrogen Alliance (IH2A), an industry coalition of global and Indian companies committed to advancing India’s green hydrogen economy, has called on the Government of India to allocate an additional USD 2.5 billion for the National Green […]

BPCL Reports Stellar Performance In Q3 with Record PAT & Strategic Future Investments

Company posts a 37 per cent growth in PAT, announces major plans for green energy, petrochemicals, and EV infrastructure  Bharat Petroleum Corporation Limited (BPCL) has reported an impressive 37 per cent growth in its Profit After Tax (PAT), reaching Rs 4,649 crore for Q3 FY2024, compared to Rs 2,397 crore in Q2 FY2024. This surge […]

Budgeting For A Sustainable Tomorrow: Unlocking India’s Renewable Energy Potential

As India’s global leadership in renewable energy solidifies, all eyes are now on the upcoming budget to set the course for sustainable growth and energy independence Byline: Amit Paithankar, Whole-time Director & CEO, Waaree Energies The Union Budget for FY 2025-26 comes at a defining moment for India’s renewable energy sector. Over the past year, […]

33 Industrial Clusters Across 16 Countries Commit To Reducing Emissions & Driving Economic Growth

13 new industrial clusters join the World Economic Forum’s initiative, aiming for substantial emissions cuts and job creation   Thirteen new industrial clusters from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden, Thailand, and the United Kingdom have joined the World Economic Forum’s Transitioning Industrial Clusters initiative, further expanding its global reach. This initiative […]

CleanMax Secures Rs 2,300 Mn Financing For Onsite Solar Projects In UAE

A long-term credit facility from HSBC will fund 92 solar assets and support UAE’s Net Zero 2050 goals CleanMax, a renewable energy provider in Asia for the Commercial and Industrial (C&I) sector and a Brookfield-backed company, has announced a major step forward in its Middle East expansion. The company has secured a long-term credit facility […]

Solar Sector Funding Drops 24% YoY In 2024 Amid Economic Uncertainties

VC, public market, and debt financing all see significant declines, as industry awaits policy clarity   Global corporate funding in the solar sector fell 24 per cent year-over-year (YoY) in 2024, with USD 26.3 billion raised across 157 deals, compared to USD 34.4 billion in 161 deals the previous year, according to a new report […]

Blue Energy Motors Signs Rs 3,500 Cr MoU With Maharashtra Government To Establish 30,000 EV Truck Manufacturing Plant

Partnership aims to drive Maharashtra’s green energy transition, create thousands of jobs, and position the state as a global hub for clean mobility solutions Blue Energy Motors, a key player in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum in Davos. The […]

Servotech Renewable Power Reports Strong Growth In Q3 FY25 Financial Results

The company posts significant revenue and profit increases, driven by demand for EV chargers and solar solutions   Servotech Renewable Power System (formerly known as Servotech Power Systems), a manufacturer of Electric Vehicle (EV) chargers and solar energy solutions, announced its financial results for the quarter and nine months ended 31 December 2024. The company […]

SCHWING Stetter India Showcases Eco-friendly Construction Solutions At Bharat Mobility Global Expo 2025

SCHWING Stetter India introduces sustainable construction equipment aimed at advancing India’s 2070 net-zero target At the Bharat Mobility Global Expo 2025 held from January 19 to 22 at India Expo Mart, Greater Noida, SCHWING Stetter India unveiled its latest eco-friendly innovations in the construction equipment sector. The company highlighted its commitment to sustainability with advanced […]

JK Tyre Secures India’s First Sustainability Linked Loan With IFC For Expansion & Green Manufacturing

The partnership marks a milestone in India’s tyre industry and strengthens efforts toward sustainable growth   International Finance Corporation (IFC) has sanctioned a USD 100 million sustainability-linked loan (SLL) to JK Tyre & Industries, India’s leading tyre manufacturer. The loan includes USD 30 million for JK Tyre & Industries and up to USD 70 million […]