CURRENT AFFAIRS

Detailed explanation-1: -Pune, India: Suzlon Group, one of the leading renewable energy solutions providers in the world, today announced that it is ranked 67th in the inaugural Carbon Clean 200 list of clean energy companies worldwide ranked by their green energy revenues.

Detailed explanation-2: -The Clean200™ is an educational tool intended to give individuals the ability to research companies that are effectively balancing people, planet, and profit. The Clean200 list may be used by individuals free of charge. All commercial investment products derived from The Clean200 require a license.

Detailed explanation-3: -EnKing | India’s largest carbon credit developer and supplier.

Detailed explanation-4: -Several Indian corporate houses have set decarbonisation targets internally to become carbon neutral by 2050 or before. These include Vedanta, Aditya Birla Group, JSW Group, Adani Transmission, Mahindra & Mahindra, and Dalmia Cement, among others. Reliance Industries has set a target of net-zero by 2035.

Detailed explanation-5: -India’s green energy companies, such as Adani Greens, owned by billionaire Gautam Adani’s Adani Group, and carbon offsetters like EKI Energy Services, have come together to develop a carbon credit market to help achieve energy transition goals.