Australia is exploring a potential alternative to its coal and gas exports by investing in green iron, a novel method of producing steel using renewable energy. This move could eventually replace the income generated from fossil fuel exports while significantly cutting down carbon emissions, potentially creating a $100 billion export...
Read moreHE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has announced that the total production capacity of the Mohammed bin Rashid Al Maktoum Solar Park has now increased to 3,860 megawatts (MW), marking a major step in the emirate’s push for a sustainable green...
India's renewable energy share in the country's total installed power capacity has surged to 49% in April 2025, up from 32% in 2014, according to Union Power Minister Manohar Lal. Speaking at the Regional Conference for Northern Region States/UTs in Chandigarh, the minister emphasized the importance of continued progress in...
Unity Group Holdings International Ltd, a Hong Kong-listed company, has introduced the world’s first ESG Light certified for carbon credits at the Carbon Credit and ESG Ecosystem 2025 Conference in Malaysia. The ESG Light integrates advanced energy-saving technology and offers exceptional energy efficiency. Operating at just 4.5 watts, it provides...
A strategic partnership has been announced between Addis Ababa Transport Bureau and Dodai Manufacturing PLC for the pilot of an electric mobility program. The step has been taken for Ethiopia's green transport transition. The company has now begun focusing on city-level partnerships and practical implementation following the end of its...
EIB to Support Bulgaria’s Transition from Coal to Clean Energy at Maritsa East Complex
The European Investment Bank (EIB) has signed an agreement with the Bulgarian government to provide advisory support for the decarbonisation of the Maritsa East Complex, one of the largest coal-fired power generation sites in Europe and a provider of up to 35% of Bulgaria’s electricity. Under the new partnership, EIB...
NLC India Limited Wins Strategic Mineral Blocks in Chhattisgarh
NLC India Limited, which is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, Government of India, reached a milestone when they emerged as the bidders for the mineral blocks named Raipura and Semhardih. They won the tender in the Tranche V auction conducted recently by the...
India Q4 GDP Data Due Today: Can Growth Breach 7%?
India’s Q4 FY25 Gross Domestic Product (GDP) data will be released today at 4 PM, with economists closely watching for signs of economic acceleration. The fourth-quarter figures are expected to reflect a stronger performance on the back of robust agricultural output and a rebound in services. In the previous quarter...
Catalyze Secures $85 Million Tax Equity Financing from RBC to Fund 75MW of Solar Projects
Catalyze, an integrated developer and Independent Power Producer (IPP) of distributed renewable energy properties, has obtained an $85 million tax equity investment from RBC Community Investments. The financing will be used to construct and commission around 75 megawatts (MW) of commercial and industrial (C&I) and community solar projects throughout the...
India’s Coal Power Output Falls at Fastest Pace in 5 Years Amid Renewable Surges
In May 2025, there was the biggest drop in coal-fired power output. Data from the government indicates that the decline was roughly 6.5% year over year. The decline ran counter to rising clean energy adoption, renewable energy generation, and warmer temperatures. Renewables Gain Ground in India’s Power Mix May 2025...
PNGRB Urges Shift to Electric Motor-Driven Compressors Across 25,429-Km Gas Pipeline Network
In a significant step toward environmental sustainability, the Petroleum and Natural Gas Regulatory Board (PNGRB) has urged gas pipeline operators across India to transition from gas engine-driven compressors to electric motor-driven compressors. This shift is expected to reduce carbon dioxide and other pollutant emissions in the natural gas sector, which...
Telangana to Develop 80-Acre Eco-Town Inspired by Japan’s Kitakyushu City
A Vision for Sustainable Urban Development An 80-acre eco-town is being developed in Telangana as part of an urban project. The state government has established plans for the project, and the town is modeled after Kitakyushu city located in Japan. The government desires to develop a sustainable region that offers...
India's Green Steel Incentives on Hold Amid Green Hydrogen Cost Concerns
India's push to decarbonise its steel sector has hit a temporary roadblock. The finance ministry is holding back on green steel incentives, citing high costs of green hydrogen and potential inflationary effects. According to sources familiar with the matter, the government is unwilling to commit public funds until clean energy...
Schneider Electric & Farmson Partner for Sustainable Pharma via Green Yodha Initiative
A Strategic Partnership for Sustainability Schneider, the world leader in energy management and automation, has partnered with Farmson Basic Drugs Pvt. Ltd., India's top pharmaceutical industry player, in a strategic sustainability association. Farmson Basic Drugs was launched in February 2025 under Schneider's Green Yodha initiative, and the collaboration will infuse...
White House Dismisses Rumours of Executive Action Targeting Climate Nonprofits
Climate focused nonprofits can breathe easier for now. According to a Reuters report, the White House has no plans to strip their tax-exempt status. This assurance comes as advocacy groups brace for potential executive actions linked to environmental regulations. Climate Organizations Prepare for Potential Policy Changes Last week, the American...
EU Considers Easing Methane Rules for US LNG to Avoid Trade Rift
The European Union is considering ways to allow US liquefied natural gas (LNG) exporters to meet its new methane emissions regulations more easily, in an effort to ease trade tensions with US President Donald Trump and potentially prevent retaliatory tariffs, as reported by Reuters. The move is part of a...
Trump Budget Proposal Targets NOAA Cuts, Climate Research and Fisheries Protections
The Trump administration is planning to make cuts to the National Oceanic and Atmospheric Administration (NOAA), according to a draft budget. The plan will reduce NOAA’s fudning by $1.67 billion. This amount represents about 27% of its current budget. This cut to the budget could severely impact and reshape the...
DEWA Expands Mohammed bin Rashid Al Maktoum Solar Park to 3,860MW in Clean Energy Push
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has announced that the total production capacity of the Mohammed bin Rashid Al Maktoum Solar Park has now increased to 3,860 megawatts (MW), marking a major step in the emirate’s push for a sustainable green...
India’s Renewable Energy Hits 49% of Power Capacity in 2025
India's renewable energy share in the country's total installed power capacity has surged to 49% in April 2025, up from 32% in 2014, according to Union Power Minister Manohar Lal. Speaking at the Regional Conference for Northern Region States/UTs in Chandigarh, the minister emphasized the importance of continued progress in...
Industry Leaders Celebrate World Environment Day with Climate Action Plans
On the occasion of World Environment Day, industry leaders across multiple sectors, including hospitality, clean energy, industrial explosives, and electric mobility, reaffirmed their commitment to sustainable practices and climate action. With a range of initiatives addressing environmental impact, the focus was on practical solutions like zero water waste, nitrate-free explosives,...
TotalEnergies Acquires 435 MW of Solar and Battery Projects to Boost UK Clean Energy
TotalEnergies has announced the acquisition of a pipeline of 8 solar projects and 2 battery storage projects from Low Carbon, a leading renewable energy company. The total capacity of the solar projects is 350 MW, and the battery storage projects will add 85 MW to the energy mix. A Step...
Singapore’s 2024 Carbon Tax Revenue Falls Short Amid Industry Allowances
Singapore’s carbon duty profit for 2024 is projected to be about$ 642 million, significantly lower than the anticipated$ 1 billion, despite the duty rate having been raised fivefold to$ 25 per tonne. The straight Times reports that while the increase in duty rate was anticipated to induce advanced profit, the...
Unity Group Unveils World's First ESG Light Certified for Carbon Credits
Unity Group Holdings International Ltd, a Hong Kong-listed company, has introduced the world’s first ESG Light certified for carbon credits at the Carbon Credit and ESG Ecosystem 2025 Conference in Malaysia. The ESG Light integrates advanced energy-saving technology and offers exceptional energy efficiency. Operating at just 4.5 watts, it provides...
Norne & Port of Aalborg Advance Key CO₂ Storage Hub with EU Grant
Norne and Port of Aalborg Advance Key CO₂ Storage Hub with EU Grant and New Infrastructure Norne Carbon Storage Hub, a portfolio company of Fidelis New Energy, and the Port of Aalborg have reached a major milestone in developing one of Europe’s most ambitious carbon storage projects. The partners have...
Tech Giants' Indirect Emissions Surge as AI Expands, UN Report Finds
A new United Nations report reveals that indirect carbon emissions from four major AI-driven tech companies—Amazon, Microsoft, Alphabet (Google), and Meta—rose by an average of 150% from 2020 to 2023. This increase is largely due to the growing energy demands of data centers that support artificial intelligence applications. Rising Emissions...