India has recently surpassed China as a key destination for clean technology funding, reflecting its growing emphasis on renewable energy and sustainable innovation. In Q3 2024, India attracted US$ 2.4 billion in clean tech deals, over four times China’s figures for the same period, and second only to the U.S....
India ranks sixth globally in corporate climate action, with 127 companies committed to science-based net-zero targets, according to a report by ICRA ESG Ratings. These companies, primarily from sectors like textiles, software, and pharmaceuticals, are contributing to India’s growing role in the global fight against climate change. However, challenges remain,...
As India’s energy needs continue to rise, the country faces increasing dependence on imported fossil fuels, straining both its economy and environment. To combat these challenges, India is embracing cleaner, renewable alternatives like ethanol and methanol, aiming to reduce oil imports, cut carbon emissions, and foster sustainable economic growth. These...
Nearly 400,000 new residential rooftop solar connections have collectively added 1.8 GW in capacity, taking India’s residential rooftop capacity to 3.2 GW, or 27% of the nation’s total 11.9 GW rooftop capacity as of March 2024. The commercial and industrial sectors account for around 60% of this capacity. The PM...
The global carbon black market is set for significant growth, projected to rise from around US$ 28 billion in 2023 to US$ 42 billion by 2032. This expansion is largely driven by increasing demand across various industries, especially in the Asia-Pacific region, which holds a major share of the market....
A study by ICF, a World Bank arm, presented to PNGRB, shows that replacing grey hydrogen with green hydrogen at refineries would have minimal impact on consumer fuel prices. Even a 50% green hydrogen mandate would raise prices by just 2.5%. The report also highlights the feasibility of blending hydrogen...
Sustainability in the food industry and water management are deeply interconnected, as efficient water use is essential to achieving a sustainable food chain. Often called “the thirsty business,” the food industry consumes between 70% and 90% of global water resources. With the world population projected to exceed nine billion by...
India is taking a step towards its net zero emissions target by 2070 with the launch of the National Carbon Capture, Utilisation, and Storage (CCUS) Mission. This initiative aims to decarbonize hard-to-electrify industrial sectors, reduce CO2 emissions, and pave the way for a sustainable future. By promoting CCUS technologies and...
In this episode of “Green Guardians”—a series spotlighting thought leaders who are transforming the green energy landscape —we are pleased to feature Ankit Todi, Chief Sustainability Officer at the Mahindra Group. What started as a steel trading business seven decades ago has now evolved into a global brand spanning multiple...
India’s coal industry is experiencing a significant boost in production and export potential, with recent increases reaching nearly 1,000 million tonnes. However, severe coal shortages in northern regions underscore the need to balance immediate supply issues with long-term strategic goals, including diversification into renewable energy sources and improved energy efficiency....
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