In recent years, carbon markets have become a popular mechanism to tackle climate change. The concept is simple: polluters must pay to emit carbon dioxide, and those who reduce their emissions can sell credits to those who are unable to do so. The carbon market creates a financial incentive for Read more…
In recent years, India has been taking steps to reduce its carbon footprint and promote sustainable development. One of the proposed initiatives is the trading of Energy Savings Certificates (ESCerts). These certificates would represent the energy saved by energy-intensive industries, which can then be traded in a market-based system. To Read more…
Innovation is at the heart of the cooling industry, as designers and engineers continue to explore new and improved ways of keeping buildings cool. In this article, we’ll take a closer look at seven innovative cooling systems that are making waves in the industry. (a) Evaporative Cooling Evaporative cooling is Read more…
When designing a lighting control system, there are several key considerations to keep in mind. Here are five of the most important: Purpose and Functionality: Before designing a lighting control system, it is important to identify the purpose and functionality of the lighting. Different spaces have different lighting requirements, and Read more…
India has been on a journey towards developing its renewable energy (RE) capacity over the last decade. The power sector of India has a total installed capacity of 402 GW, with an average annual growth rate of nearly 4%. Coal still dominates the total installed capacity in India with about Read more…
Developing a solar project can be a complex process that requires a significant amount of planning and preparation. In this blog article, we will guide you through the step-by-step process of solar project development, highlighting the key considerations and decisions that must be made at each stage. Production of a Read more…
IHS Markit, a leading business data company, has released its predictions for cleantech trends in 2022. Among its key findings, the company expects lithium-ion battery prices to continue rising until at least 2024 due to increased demand for electric vehicles, rising metal prices, and China’s dominant position in the industry. Read more…
Carbon credits are an innovative way of incentivizing climate-friendly actions by individuals, businesses, and governments. In simple terms, a carbon credit is a permit that allows an entity to emit a certain amount of greenhouse gases (GHGs). This mechanism has opened up opportunities for various sectors to contribute to global Read more…
Perform Achieve and Trade (PAT) is a scheme initiated by the Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency. It is a market-based mechanism aimed at improving energy efficiency in energy-intensive industries. The scheme is part of the National Action Plan on Climate Change launched by Read more…
Energy Conservation Certificates (ECerts) are tradable certificates issued by the Bureau of Energy Efficiency (BEE) in India as part of the Perform, Achieve and Trade (PAT) scheme. These certificates represent the amount of energy saved by an organization beyond the targets set by BEE. The trading of ECerts takes place Read more…