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Adani Group joins International Copper Association

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Kutch Copper Ltd, a subsidiary of Adani Group, has become a member of the International Copper Association (ICA), a global trade body representing half of the world’s copper production. Based in Mundra, Gujarat, Kutch Copper is set to build a copper smelter with an initial capacity of 0.5 million tonnes per annum (MTPA) as part of an $1.2 billion investment by Adani Enterprises. The facility will produce copper cathodes, rods, and byproducts, supporting India’s goal…

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Aether Industries commissions 15 MW solar project in Gujarat

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Aether Industries has commissioned a 15 MW solar power project in Bharuch, Gujarat, in partnership with KPIG Energia, a subsidiary of KPI Green Energy.  The project, under the captive power producer segment, features advanced auto-tracker modules that optimize energy output by aligning with the sun’s trajectory. This installation aligns with Aether Industries’ Environmental, Social, and Governance (ESG) goals and is expected to save over Rs 150 million annually in energy costs while significantly reducing its…

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Impact of Transitioning to Renewable Energy in Global Shipping

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  The global shipping industry, which is integral to international trade, is facing growing pressure to reduce its carbon footprint. While ocean shipping is known for being one of the most energy-efficient forms of cargo transport, it is heavily reliant on fossil fuels, contributing around 3% of annual greenhouse gas emissions worldwide (Harahap et al., 2023). As the world pushes for sustainability, the maritime sector is exploring renewable energy options that could alter the industry’s…

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COP29 operationalises international carbon market governance

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At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance.  This progress is significant as it marks the first time that carbon credit trading systems have been formalized under the Paris Agreement’s Article 6, which allows countries to voluntarily trade emission reductions. The conference established critical mechanisms for authorizing carbon credit transactions, managing registries, and ensuring technical reviews on environmental and human rights…

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Cyient DLM partners with Arcedo Systems for rooftop solar project in Mysore

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Cyient DLM has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility.  Arcedo Systems will handle the design, engineering, installation, and maintenance of the plant, which will operate under a long-term power purchase agreement (PPA).  Cyient DLM will source solar power directly from the facility, reducing its carbon footprint and enhancing energy efficiency. Cyient DLM CEO Anthony Montalbano highlighted the company’s focus…

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NSCH partners with ENGIE for 100% renewable energy agreement

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North Shore Community Health (NSCH), based in Massachusetts, has signed a two-year renewable energy agreement with ENGIE Resources, a subsidiary of ENGIE North America.  The agreement ensures NSCH will receive renewable energy credits (RECs) to match 100% of the forecasted energy consumption across its three locations in Salem, Peabody, and Gloucester. NSCH, a federally qualified health center serving 14,000 patients annually, provides primary care, dental, behavioral health, and substance use disorder services.  The green-e-certified RECs…

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Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu

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Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu.  HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate under a Group Captive Mode…

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UltraTech Cement expands electric truck fleet for sustainable logistics

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UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works in Madhya Pradesh and Dhule Cement Works in Maharashtra. This initiative is projected to cut carbon emissions by 17,000 tonnes annually. The move builds on a pilot project launched in January 2024 with five EV trucks. UltraTech plans to deploy 500 EV trucks by June…

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BP completes acquisition of full stake in Lightsource bp, expanding renewable energy capabilities

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BP has finalized its acquisition of the remaining 50.03% interest in Lightsource bp, fully integrating its 62 GW renewable energy pipeline across 19 markets worldwide into BP’s portfolio. Although BP now has full ownership, Lightsource bp will retain its brand and operate independently. This acquisition enhances BP’s renewable energy reach, supporting its broader low-carbon initiatives, including power trading, EV charging, biofuels, and green hydrogen production. BP’s executive vice president for gas and low carbon energy,…

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Schneider Electric partners with Noida International Airport for advanced energy management solutions

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Schneider Electric has formed a strategic partnership with Noida International Airport to implement advanced building and energy management systems. This collaboration aims to enhance the airport’s operational efficiency and sustainability through comprehensive building management technologies, including Electrical SCADA and Advanced Distribution Management Systems. The partnership will optimize energy use, lower operational costs, and reduce environmental impact by integrating renewable energy sources and intelligent building management systems. Schneider Electric’s automation and control technologies will improve overall…