Under its green logistics strategy for the decarbonisation of its transportation fleet, Dalmia Cement plans to transition 300 trucks to LNG by end of FY24, according to a statement.
ReNew aims to provide solutions that will enable companies and countries to make a rapid, urgent and ethical transition towards clean energy, said Sumant Sinha, Chairman and CEO, ReNew.
This collaboration marks Asia's first planned hydrogen powered mining truck.
Davos 2023: The World Economic Forum will also debate other crucial issues, such as philanthropy, technology for resilient world, cultural leaders as catalysts of change, cost of living crisis, risk of nuclear confrontation, building metaverse, future of jobs, skills first and employment for all, and startups.
Both B Capital and Accel Partners raised new funds of around $250 million and $650 million respectively earlier this year
Business leaders have responded to India’s policy initiatives on green hydrogen with huge investments to build an ecosystem that could hasten the process of deep decarbonisation
The imperative need to develop and deploy alternative fuels such as green hydrogen, green ammonia, biofuel, and methanol are key to enabling the industry to transition their energy system on a sustainable and affordable basis the panelists said.
Availability of green finance is key to the global clean environment drive; India and other developing countries should push rich nations to loosen their purse strings at the upcoming COP27
Parameswaran Iyer, while addressing an event organised by the 'Shoonya Forum', noted that the role of financing is critical for scaling of electric mobility in India.
In a statement, the company said it is making efforts to decarbonise and reduce carbon emissions significantly for its present and future capacity expansion plans.
According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions.
This led to an increase in market share of the global top 10 solar photovoltaic (PV) inverter vendors by 2 percentage points to 82 per cent in 2021, compared to 2020, Wood Mackenzie said
The Aditya Birla group firm has signed a memorandum of understanding (MoU) with Coolbrook to explore electrification of cement kiln heating process, said a joint statement.
Koushik Chatterjee is a steel industry veteran with decades of deep experience in the sector as part of the top leadership team of global steel giant Tata Steel. Koushik is now very active on Tata Steel’s sustainable steel strategy and is a key participant at various global forum on climate consciousness. In this video, he talks about the long road ahead to achieve environment friendly steel. He says: - De-carbonisation tech has not yet evolved to the level needed for steel industry - Indian steel cos with high carbon emission have to bear the transitionary cost - Tata Steel’s European prices will improve, India steel price will hold in the present quarter
Decarbonisation of the transport sector by mid-century will require a holistic and integrated approach. Leveraging technology to create a cleaner road sector is essential, but it needs to be combined with other interventions