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1 week ago | 
outlookbusiness.com | Aditi Ray Chowdhury
Around 1.12 lakh smart meters are being installed on a daily basis in the country, said Shashank Mishra, Joint Secretary at Ministry of Power on Tuesday. He further noted that this is a significant number as compared to only 15,000 smart meter installations that was completed in the last year.
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1 week ago | 
outlookbusiness.com | Aditi Ray Chowdhury
The global energy landscape is increasingly shifting toward decarbonisation, and companies are aiming to integrate digital innovation with energy efficiency practices to meet their net-zero targets. Schneider Electric, a leading energy management and digital automation company, recently launched an Open Automation movement, which encourages industries to embrace open automation to help enhance their performance and innovation.
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2 weeks ago | 
outlookbusiness.com | Aditi Ray Chowdhury
With India racing to build its infrastructure and economy, the choices that are made today will largely define its carbon footprint for decades. It is necessary to find climate solutions that are scalable and uniquely suited to the Indian context. Taking a step in this direction, the Climaforce Fund—a first-of-its-kind initiative by HCL and the India Climate Collaborative (ICC) is using philanthropic capital not just to fund intent, but to drive real, market-level impact.
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2 weeks ago | 
outlookbusiness.com | Aditi Ray Chowdhury
With an aim to support India’s transition to a greener future and a low-carbon economy, the HCL Group on Wednesday launched an Rs 25 crore philanthropic initiative with a focus on accelerating market-ready climate innovations. The HCL ClimaForce Fund, in collaboration with the India Climate Collaborative (ICC) will look at strengthening over 20 solutions across cooling, buildings and freight mobility-sectors of the country.
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1 month ago | 
outlookbusiness.com | Aditi Ray Chowdhury
Commerce and Industry Minister Piyush Goyal on April 13 urged players in the construction industry to reduce import dependency and adopt sustainable practices. He also called on the sector to focus on building earthquake-resistant and modular infrastructure.
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1 month ago | 
outlookbusiness.com | Aditi Ray Chowdhury
As expected, the US fired its much feared tariffs salvo on April 2 at its trading partners across the board. But here is the twist: Far from singeing India, the tax offensive may in fact turn out to be Donald Trump’s surprise Liberation Day gift to his “good friend” Narendra Modi. A gift that catapults the country to the front row of America’s nearly $15 billion market for solar modules--if it moves quickly and plays its cards well.
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1 month ago | 
outlookbusiness.com | Aditi Ray Chowdhury
AIndia has achieved a significant milestone of 100GW in solar energy under the able guidance of Prime Minister Narendra Modi. Our next target is to touch around 292GW of solar power capacity by 2030, for achieving 500GW of non-fossil fuel-based generation capacity in the country. Currently, about 125GW of solar/hybrid capacity are under implementation and additional 70GW of solar/hybrid capacity are under tendering stage.
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2 months ago | 
outlookbusiness.com | Akshit Chawla |Aditi Ray Chowdhury
Union Minister Bhupender Yadav said that India’s circular economy has the potential to create a a market value of over $2 trillion and create close to 10 million jobs by 2050, while speaking at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific on March 4 in Jaipur. He shared that the circular economy may be about to drive one of the biggest transformations in business since the industrial revolution 250 years ago.
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Feb 11, 2025 | 
outlookbusiness.com | Aditi Ray Chowdhury
India presents a compelling and diversified investment landscape—7.6bn tonnes of discovered upstream resources, 500mn tonnes of biofuels, foods, feedstock and rising energy demand, said Hardeep Singh Puri Minister of Petroleum and Natural Gas in the 3rd edition of India Energy Week on February 11.
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Feb 10, 2025 | 
outlookbusiness.com | Aditi Ray Chowdhury
China is taking steps to scale back subsidies for green energy projects as the country's solar and wind power installations are booming, according to a Reuters report. China's National Development and Reform Commission (NDRC) and China's energy administration said it had issued "market-oriented" changes to policies intended to encourage clean energy projects, as per the report.
