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UAE commits $30 billion to climate change action vehicle ALTRRA at COP28 – EQ

In Short : The United Arab Emirates (UAE) has made a significant commitment of $30 billion to the climate change action vehicle ALTRRA at the 28th Conference of the Parties (COP28). This substantial financial commitment underscores the UAE’s dedication to addressing climate change and supporting global efforts to combat environmental challenges. In Detail : Dubai […]

CFLI India Announces Climate Finance Solutions with the Potential to Mobilize over US $6.5 billion in India – EQ

In Short : The Canada Fund for Local Initiatives (CFLI) in India has made an announcement regarding climate finance solutions that have the potential to mobilize over US $6.5 billion in the country. This initiative signifies a significant commitment to addressing climate change and promoting sustainable development in India. In Detail : DUBAI : Today […]

HUL partners Brookfield to set up 45 MW solar energy park in Rajasthan – EQ

In Short : The solar park will be developed, financed, and operated by Brookfield, a leading global renewable energy company. HUL will purchase the entire power output from the solar park, which will help reduce its carbon footprint and contribute to the company’s sustainability goals. In Detail : The project is aligned with Government’s commitment […]

Sami-Sabinsa, O2 Renewable Energy inks long-term supply agreement

In Short : The long-term nature of the agreement ensures stability and security for both companies. It also aligns with their shared vision of contributing to a cleaner and greener future. By sourcing renewable energy from Sami-Sabinsa, O2 Renewable Energy can enhance their sustainability efforts and enhance their environmental stewardship. In Detail : Research-focused health […]

Honda To Invest $3.4 Bn On Electric Two-wheelers This Decade – EQ

In Short : By allocating such a substantial sum to electric two-wheelers, Honda is signaling its intention to play a leading role in the electric vehicle market. This investment could support the development of new technologies, infrastructure, and manufacturing capabilities, ultimately contributing to the expansion of electric vehicle adoption. In Detail : Japanese auto giant […]

Waaree Technologies Ltd. and 3DBattery sign MoU for advanced energy storage solutions – EQ

In Short : India-based solar panel manufacturer Waaree Technologies Ltd. has signed a Memorandum of Understanding (MoU) with 3DBattery, a South Korean start-up, to collaborate on advanced energy storage solutions. The MoU intends to facilitate the exchange of technical expertise and knowledge between the two companies in the development of energy storage products. In Detail […]

‘Retail investors could mobilise $543bn for climate action in India’ – EQ

In Short : ACRE suggests that by channelling these investments towards sectors such as renewable energy, energy efficiency, sustainable agriculture, and waste management, India can accelerate its progress towards a low-carbon, climate-resilient future. The study emphasizes the importance of mobilizing retail investors as they represent a substantial portion of the Indian population and have the […]