The Future of Geothermal Energy, a new analysis from the International Energy Agency (IEA), highlights the need for new technology, wider regulation application, and potential for improved geothermal energy usage. The report says geothermal energy now provides around 1% of the world’s electrical needs. However, next-generation geothermal technologies might provide 15% of the growth in […]
Hugo Boss, a German fashion firm, has officially established Eightyards, an independent company dedicated to recycling and reusing surplus materials from the firm’s additional resources. Eightyards will formally start operations in January 2025 and has been designed to be strategically aligned with Hugo Boss’s comprehensive commitment to environmentally and resource-friendly production processes. Eightyards will be […]
As per the released 2024 edition of the Latin American Economic Outlook (LEO): Financing Sustainable Development, American and Caribbean (LAC) countries should enhance tax collection and expenditure, upgrade public debt management, and mobilise more private resources so as to finance their aspiring development agendas. The 17th edition of the report argues that LAC’s sustainable financing gap […]
Tivolt Electric Vehicles, part of the Murugappa Group’s TI Clean Mobility division, has got together with Tata Power Renewable Energy Limited (TPREL) to advance EV charging infrastructure for commercial vehicles across India. The two companies penned a Memorandum of Understanding (MoU) to leverage Tata Power’s proficiency in EV charging and Tivolt’s expanding presence in the electric small […]
The CEO of energy equipment manufacturing and services company GE Vernova has announced that data centers are progressively targeting natural gas over renewable alternatives such as onshore wind. Scott Strazik stated that this is illustrated in the turbine manufacturer’s “humble” wind order sheet, and does not expect significant interest in onshore wind from the data […]
The B.C. government has granted approval for nine wind energy projects — including one on Vancouver Island — so as to help power the province’s economy and illuminate 500,000 homes, Premier David Eby declared on Monday. B.C. Hydro opted the wind power projects immediately after gaining a strong response to its call for fresh renewable […]
‘This is free fashion’ is a new Dutch fashion brand that provides free clothes through pop-up shops set up in various cities of Dutch. This is Free Fashion is supported by funding from several towns and operates with the help of volunteers, but it also generates revenue through a crowdfunding platform called Steunactie. The firm’s goal […]
In a rock chip and soil sampling program at its Tango lithium and Barbara projects in Canada, lately revamped Bayan Mining and Minerals (ASX: BMM) has pointed out high-value gallium potential in assay. Bayan made an announcement last week that it had received assent for modifying company’s name from Balkan Mining and Minerals. The company has […]
In today’s fashion industry, few names carry as much weight as Kim Kardashian. As a global icon, her influence extends far and wide. It’s little surprise that her idea, SKIMS, has also become a global lingerie legend over time. Skims is a shapewear and loungewear brand that debuted in 2019. It commits to provide inclusive […]
German Chancellor Olaf Scholz has indicated that the German government may consider acquiring a stake in Thyssenkrupp’s steel business, he said in an interview with a German newspaper. However, earlier this year, Thyssenkrupp sold a 20% stake in its steel division to Czech billionaire Daniel Kretinsky and is currently in discussions to sell an additional […]
New Delhi Municipal Council (NDMC) has set a target to attain a total renewable energy-based electricity supply in its dominion by Dec 2026, says reports on economic times. NDMC has finalised their prime arrangements with the Solar Energy Corporation of India (SECI) to draw 200 MW of solar power over 25 years, and work is […]
As per the latest IEA-PVPS report, in partially shaded PV generators, string inverters (SINV) can surpass module-level power electronics (MLPE). The technical report, “Performance of Partially Shaded PV Generators Operated by Optimized Power Electronics 2024,” highlights the recent obstacles of partial shading in PV systems and assess the most recent technological transformation for upgrading energy […]
Nike has announced a collaboration with British make-up artist Isamaya Ffrench that combines “style and beauty”. Ffrench designed two exclusive colorways for Nike’s latest Air Max Dn, in beige and chocolate brown, drawing inspiration from female athletes whose influence extends beyond the field of play into the fashion world. The British make-up artist went on […]
Iberdrola, Spain’s leading electric utility company aims to construct the largest hydroelectric power plant in Western Europe. As per company’s statement, the project will commence from next year on Conso II, a pumped storage power plant, or Giga battery, in the Sil basin in Ourense in the country’s northwestern region of Galicia. The company has lately […]
As part of its progressing renewable energy advancement, ACEN Corporation intends to invest $ 1.5B in an enormous solar farm and energy storage system. Irene Maranan, ACEN senior vice president and head of corporate communications and sustainability stated to the Inquirer about the replacement of the coal plan in Batangas, the 246-megawatt (MW) South Luzon […]
Financier CVC DIF has finalised the marketing of a 170MW operational wind portfolio in Uruguay. The sale of the Cerro Grande and Peralta wind farm projects to Pluspetrol was accomplished by the funds of investor’s DIF Infrastructure V (DIF V) and DIF Infrastructure VI (DIF VI). Consisting of the 72 Enercon E-92 turbines, the portfolio […]
Swedish fast fashion giant H&M has signed a green energy deal [1] with Power Engineering Consulting Joint Stock Company 2 (PECC2) to facilitate its Vietnam-based suppliers’ transition to renewable energy sources. H&M Vietnam and PECC2 signed a Memorandum of Understanding (MoU) to cooperate under the Direct Power Purchase Agreement (DPPA) mechanism. The deal, signed on […]
In an effort to promote “climate-smart politics to reduce, repair, rewear, and recycle textiles,” the Congressional Slow Fashion Caucus has received assistance from the Leather and Hide Council of America (LHCA). The LHCA, which promotes the US leather industry and represents the interests of 75 member companies along the leather supply chain, stated that it […]
Solar energy startup Glow has attained $30 million in a recent funding round jointly led by Framework and Union Square Ventures. According to the statement of Glow in a press release, the raised financial resources will be used to decentralize the global energy grid and hasten the adoption of renewable energy in India and all […]
The Indian Energy Exchange (IEX) noted a remarkable hike in electricity trade volumes in November 2024. As per a regulatory filing, IEX attained a trading volume of 9,689 million units (MU) during November 2024, labelling an increase of 15.7 percent year-on-year (YoY). The renewable energy certificate (REC) faced a decline in spite of the hike […]
The Fair Wear Foundation, a multi-stakeholder initiative focused on garment workers’ rights, has announced a significant partnership with the European Outdoor Group (EOG) [1], the association representing the European outdoor industry. This collaboration aims to drive long-term improvements in workers’ rights and enhance human rights due diligence across the outdoor apparel supply chain. The partnership […]
Recover, a leading materials science company and global producer of low-impact, high-quality recycled cotton fiber and cotton fiber blends opens a new recycling facility in Vietnam to boost sustainable textile production as part of its expansion strategy. The new facility, which is expected to be fully operational by early 2025, would allow Recover to introduce […]
Commerz Real for its Klimavest sustainable infrastructure investment fund has took over a new 57.6MW wind farm in the Irish midlands. Through the takeover of Moanvane Wind Farm in County Offaly, Klimavest is making its debut into the Irish renewables sector. The wind farm which is stationed about a 90-minute drive west of Dublin has […]
TextileGenesis, a Lectra Group company, and the Aid by Trade Foundation (AbTF) have announced the extension of their successful partnership to advance traceability for Cotton made in Africa (CmiA) verified fibre. This collaboration underscores their shared commitment to supply chain transparency and sustainable cotton production.CmiA, a globally recognised standard for sustainable cotton, supports African smallholder […]
In the fashion industry, sustainability is becoming a popular choice and a vital necessity. More well-known large brands are making obvious attempts to implement sustainable practices, and many new sustainable brands are emerging as a result of the growing demand and awareness for long-lasting and sustainable apparel. One of the companies setting the standard for […]
The North African nation is making investments so as to demonstrate itself as a superior in the renewable energy sector with a target of 52% of its total energy attained from renewable sources by 2030. Former Tesco boss, Dave Lewis stated that he has thoughts in granting energy to Great Britain from Morocco. According to […]
In order to achieve East Central Railways’ decarbonization goals and the nation’s net-zero emissions target, O2 Power has penned a Power Purchase Agreement (PPA) to grant 100 MW of renewable energy to East Central Railways. As per the company statement, renewable energy under this pact will be granted from O2 Power’s installed capacity of 360 […]
The French luxury brand Dior wants to control a bigger portion of its own supply chain following an Italian supplier incident. The company has announced the establishment of a new industrial department, which will work to maintain artisanal know-how and enhance production capacities over the long run. “It is more important than ever to sustainably support our […]
President-elect Donald Trump has announced plans to establish a National Energy Council aimed at advancing American “energy dominance” on the global stage as he seeks to boost U.S. oil and gas drilling and move away from President Joe Biden’s focus on climate change. The energy council, which will be led by North Dakota Governor Doug […]
The UAE’s clean energy leader has announced the successful completion of its acquisition of a 70% stake in TERNA ENERGY SA, purchasing the shares from GEK TERNA SA and other shareholders. The deal, valued at €20 per share, was finalized following the receipt of all necessary regulatory approvals. The transaction, which values TERNA ENERGY at […]
In a growing trend of cross-industry collaboration in sustainable luxury design, BMW has partnered with British Vogue [1] to celebrate emerging talent through their Future Creators Design Competition. This is the first collaboration of its kind between automotive and fashion design. The competition invited aspiring designers, including students and recent graduates, to create pieces inspired […]
It is estimated that more than 34 GW of new solar capacity to be installed nationwide setting a record high for US utility solar installation. As per the American Clean Power’s biannual Solar Market Report, the US solar market is anticipated to annually stretch out 37GW of new installations by 2029, thriving at a compound […]
A 300 MW wind-solar hybrid power project by NTPC Limited has been awarded to Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt Ltd. The granted project is a segment of NTPC’s 1.2 GW capacity tender. This project constitutes of an Inter-State Transmission System (ISTS) linked hybrid power plant. For the project, Sembcorp acquired […]
As per the report of European business think tank Themis Foresight and Nord/LB, Europe’s economy is lacking $215 trillion essential to accomplish 2050’s net zero target. Even with the availability of adequate capital, Europe’s markets are halted from capital allocation and expansion due to numerous fundamental reasons, encompassing low-risk appetite for renewable energy projects from benefactors and an inefficient […]
The largest home and contract textile trade show in the world, Heimtextil 2025, will be held in Frankfurt, Germany, from January 14–17, 2025, and Ahmed Fine Textile Mills, a pioneer in textile production and sustainability, will be exhibiting its sustainable towel collections. The Pakistan-based company will present its cutting-edge line of sustainable towel solutions at […]
Reju, a top textile regeneration company is partnering up with Nouvelles Fibres Textiles (NFT), a French leader in end-of-life textile recovery revolutionizing the textile industry’s approach to sustainability. This partnership reflects a common goal to transform the textile industry’s approach to waste management and sustainability by establishing a comprehensive circular ecosystem for textile waste in […]
EURATEX (the European Apparel and Textile Confederation) and AMITH (Association Marocaine des Industries du Textile et de l’Habillement) have formalized a partnership by signing a Memorandum of Understanding [1] (MoU) during the Maroc in Mode 2024 event in Casablanca, Morocco. This agreement aims to deepen collaboration and promote mutual growth within the textiles industry between […]
In accordance to the SBICAPS Report on Power Sector: Transmission as a Counter-Balance to Evolving Regional Balance of Power, India stand in need of ₹8.2 trillion investment for the advancement of its transmission infrastructure and by 2030, incorporate 500 GW of renewable energy capacity. The report spotlight that in order to meet the targets for […]
As reported by the BloombergNEF(BNEF) in association with the Global Renewables Alliance; By security 24/7 carbon-free electricity (CFE) procurement, The Asia Pacific(APAC) region could possibly be able to attract significant private investment for its energy elevation. According to the report—24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries; clean energy procurement from corporates will be a vital funding source for accomplishing […]
The value fashion and homeware retailer, reveals that it has reduced carbon emissions across its value chain three years after announcing its 2030 sustainability objectives, by converting to renewable and low-carbon energy. Primark stated in its annual ‘Sustainability and Ethics Progress Report’ that its decarbonisation strategy is beginning to decouple from its growth, with a […]
German sportswear giant Puma has unveiled its new podcast series[1], “Green Flags,” to engage environmentally conscious Gen Z listeners. The five-part series reimagines sustainability education through a competitive narrative, turning climate action into an entertaining challenge. Conversations cover a range of topics, from carbon footprint analysis to textile circularity. Hosted by Manchester United captain Maya […]
On Thursday, October 24, a US judge denied Tapestry’s attempt to acquire competitor Capri Holdings, citing “loss of head-to-head competition” as the reason. With the termination of Tapestry’s $8.5 billion deal to acquire Capri Holdings, the owner of Michael Kors is on its own to turn around the beleaguered brand. John D. Idol, the Company’s Chairman […]
The inhabitants of the largest state of Australia is at present encountering an eccentric affair when demanded to opt between the usage of dishwasher or to suffer blackouts as the Australian Government is indicted of stressing Australian citizens of the renewable energy transition. During a severe torrid day, regions of New South Wales has to […]
The International Woolmark Prize, which aims to help rising designers shape the future of fashion through innovation and sustainability, has selected eight finalists for the now biennial fashion competition. ACT N°1 from Italy, Duran Lantink from the Netherlands, Ester Manas and Meryll Rogge from Belgium, London-based Standing Ground, French menswear brand LGN LOUIS GABRIE NOUCHI, […]
The media and lifestyle company 11:11 Media, which Paris Hilton created in 2021 with entertainment industry veteran Bruce Gersh, has partnered with beauty behemoth Guthy-Renker to launch a new business that will sell wellness and beauty goods that are creatively directed and inspired by Hilton. The joint venture, 11:11 Beauty, will be directed by Alexandra […]
Kering is a global luxury organization that oversees the growth of a number of well-known fashion, leather goods, and jewelry houses, creating the luxury of the future in an ethical and sustainable manner. Since its launch in 2020, Kering has been an active participant in the Science Based Targets Network (SBTN) Corporate Engagement Program, which […]
Kaia Gerber is much more than Cindy Crawford’s daughter when it comes to fashion world; she is a force to be reckoned with and one of the industry’s most influential young faces. Gerber, who was born with a natural knack for modeling and a good sense of style, has dominated the fashion industry. She has […]
FOUR PAWS urges policymakers to ban fur farms in Europe after successful European Citizens’ Initiative (ECI). As winter is approaching, the demand for warmer clothes are returning and so is the demand for the production of fur. Eventhough the fur fashion is declining, there are still fur farms active in EU and other countries. These […]
MCM, a high-end German fashion brand, has launched a new capsule collection named Mirum. This collection includes an innovative, environmental friendly and cruelty-free alternative to traditional leather. “Traditional leather alternatives are heavily reliant on fossil-fuel derived synthetics, which do not biodegrade and contribute to the global plastic issue. That’s why we are proud to partner […]
FC Barcelona have announced a new multi year agreement with American kit supplier Nike which will help to further alleviate their financial problems. The length and value of the new Barcelona and Nike contract has yet to be disclosed, but according to Spanish media, it is said to be one of the biggest deal in […]
Europe’s leading fashion brand, Mango has pledged to acquire exclusively certified wool free from live lamb cutting, popularly known as mulesing, by signing the FOUR PAWS Brand Letter of Intent. The company has now joined the 90 international fashion companies including Adidas, Zara and Patagonia that have already agreed to FOUR PAW’s Letter of Intent. […]
David Shah, a renowned trend forecaster, painted a challenging yet hopeful picture for the textile industry, particularly in swimwear and activewear, at the Mare di Moda fair, held from November 5 to 7 at the Paris des Festivals in Cannes, France. He began his seminar with a powerful statement which stated “I’ve been in this […]
China is increasing its coal power production, despite advancements in renewable energy, primarily due to soaring domestic electricity demand and concerns over energy security. With a record coal mining output of 4.7 billion metric tons in 2023, the country continues to develop new coal-fired power plants, approving 106 gigawatts of new capacity—enough to power the […]
Donald Trump’s recent pledge to halt renewable energy projects on the first day of a potential new presidency has alarmed the clean energy sector, leading to significant drops in renewable energy stocks. Notably, shares of Orsted, Vestas, and Nordex have seen declines of up to 14% and 11%, respectively. Trump’s previous comments about renewable energy, […]
Masdar has entered into a Joint Study Agreement with Sarawak Energy and Gentari to evaluate the feasibility of a large-scale floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. This initiative represents a significant move towards enhancing renewable energy capacity in the state and aligns with Malaysia’s broader clean energy goals. […]
Europe’s natural gas generation and emissions, which were at their lowest in the first three quarters of 2024, are expected to rise significantly as winter arrives. From January to September, electricity production from coal and natural gas decreased by 7.5% compared to 2023, resulting in a 7% drop in power emissions to 928 million metric […]
China is advancing renewable energy initiatives in Africa, highlighted by the presence of a geothermal power plant in Kenya’s Great Rift Valley. The 35-megawatt Orpower 22 project, led by the state-owned company PowerChina and funded by the Chinese firm Kaishan Group for US$93 million, aims to boost Kenya’s geothermal energy output. President William Ruto announced that […]
The Mexican government’s energy plan aims to enhance the capabilities of the state-owned electricity company, CFE, while establishing regulations for private renewable energy producers. Energy Minister Luz Elena Gonzalez announced that private companies will be allowed to increase capacity by 9.6 gigawatts from renewable sources by 2030. The $23.4 billion investment plan includes CFE […]
Pennsylvania has announced an investment of over $6.7 million to support Mitsubishi Electric Power Products, Inc. (MEPPI) in expanding its operations in the Pittsburgh area, which is part of MEPPI’s larger $86 million investment plan. They are planning on building an advanced switchgear factory and increasing facilities for power electronics and testing labs. This project will […]
Oil Prices Rise as OPEC+ Postpones Production Cut Rollback, But Future Stability Remains Uncertain Crude oil prices surged over $1 per barrel following OPEC+’s decision to postpone a planned partial rollback of production cuts, which would have reinstated 180,000 barrels per day starting in December. The group emphasized that any supply increase was contingent on […]
Kanoo Energy has expanded into cleaner energy projects and technologies, driven by increasing demand for energy efficiency in the UAE’s manufacturing sector. Raman Marwaha, General Manager, outlines the company’s strategic initiatives, including investments in high-efficiency gas-based power generation and partnerships with technology providers to help clients implement sustainability programs and reduce emissions. The UAE government’s commitment […]
GE Vernova, Inc. will participate in the ADIPEC 2024 conference from November 4-7 in Abu Dhabi, UAE. ADIPEC, which stands for the Abu Dhabi International Petroleum Exhibition and Conference, is among the largest energy exhibitions in the world showcasing technologies aimed at enhancing reliable, affordable, and secure electricity systems while reducing carbon emissions. GE Vernova’s booth […]
During the Future Investment Initiative conference held in Riyadh from October 29 to 31, Saudi Arabia’s Energy Minister, Abdul Aziz Bin Salman, announced the country’s position as the leading producer of green and clean hydrogen, ready to export it globally. Salman emphasized the nation’s strategy to diversify its economy, enhance value, ensure supply chain flexibility, […]
China has introduced a comprehensive 17-point plan aimed at transitioning to renewable energy while gradually reducing coal usage to enhance energy security and support its climate commitments. The National Development and Reform Commission (NDRC) emphasizes a safe and orderly energy transition across various industries, targeting a renewable energy consumption equivalent to over 1.1 billion tonnes of […]
The Arab Development Establishment (ADE) and Schneider Electric have officially inaugurated their joint venture manufacturing facility, TAQANA Energy Solutions, in Abu Dhabi’s Industrial City. The opening ceremony was attended by key dignitaries, including government officials and industry leaders, and aligns with the UAE’s “Make it in the Emirates” initiative. His Excellency Omar Al Suwaidi […]
Masdar, the UAE’s leading clean energy company, has announced that it is postponing its target of achieving 1 million tons per year of green hydrogen capacity beyond 2030. The firm’s press office indicated that the new target will extend over the next decade, although specific reasons for the delay were not provided. Masdar is actively […]
The construction of Belgium’s first green energy island, Princess Elisabeth Island, is facing significant financial challenges as costs have surged to over seven billion euros, more than triple the initial estimate of 2.2 billion euros. This ambitious project, located 45 km off the Belgian coast, aims to support the country’s shift from fossil fuels to […]
Low Carbon, a UK-based renewable energy investor sold a significant 6 GW battery storage project to S4 Energy in the Netherlands. One of the largest battery storage initiatives worldwide, the project aims to assist in balancing supply and demand as the Netherlands targets a 39% renewable energy mix by 2030 due to challenges in meeting […]
ACWA Power a Saudi company, is a leading private investor in renewable energy and the world’s largest private water desalination company, is expanding its renewable footprint in Africa with the Redstone Concentrating Solar Power (CSP) plant in South Africa that is set to achieve its full 100 MW capacity soon. This milestone, achieved in […]
CottonConnect and the Cotton Egypt Association (CEA) have announced a long-term partnership to expand regenerative cotton initiatives across Egypt. The collaboration aims to provide cotton producers with the knowledge and tools to adopt regenerative farming practices, promoting sustainable agriculture. CEA, a non-profit organisation, is committed to protecting and enhancing the value of the Egyptian Cotton™ […]
eBay UK has launched a new consignment service for luxury items, offering users an innovative way to sell high-end possessions. Initially focusing on designer handbags, the service connects consumers with expert sellers who manage the entire listing and sales process.This move into the luxury sector comes as demand for pre-owned luxury goods rises, with savvy […]
Delara Home is making significant strides in the sustainable home textiles market by emphasizing high-quality, ethically sourced materials. While discussions about environmental issues often focus on fast fashion, the home textiles industry remains a notable contributor to ecological challenges.Delara Home provides sustainable alternatives to the mass-produced textiles that dominate today’s market. The brand adheres to […]
Waterproof clothing is essential for outdoor enthusiasts, whether hiking, cycling, skiing, or walking. The right gear can differentiate between an exhilarating adventure and a damp, uncomfortable experience. However, the waterproof membranes used in outdoor clothing have been scrutinised in recent years due to PFAS (per- and polyfluoroalkyl substances), also known as “forever chemicals.” These non-degradable […]
The global demand for eco fibers is estimated to reach US$58 billion in 2024 and is projected to grow to US$99.5 billion by 2030, achieving a CAGR of 9.4% during this period.Several key factors are driving the demand for eco fibers. Increased consumer awareness of the benefits of sustainable fashion and eco-friendly products, coupled with […]
