The Energy and Resources Institute (TERI) is partnering with the Assam government to establish an institute in Guwahati aimed at conserving the natural resources of the eastern Himalayas, a region renowned for its rich biodiversity. This initiative follows TERI’s recent announcement of a world-class energy transition institute in Hyderabad and underscores the organization’s commitment to promoting sustainable development and green jobs.
SANY Marine, a subsidiary of SANY Heavy Industry, has entered into a significant agreement with Saudi Global Ports Company (SGP) to promote sustainable development and strategic cooperation in Saudi Arabian ports. This agreement includes the purchase of 80 electric trucks, marking the largest single order of electric trucks globally. This collaboration aims to accelerate the low-carbon development and modernization of Saudi ports, aligning with the country’s ‘Vision 2030’ sustainable development goals.
Sigma Lithium, a global lithium producer, has joined a Trade and Investment Mission to China led by Vice President Kamala Harris. The company will participate in symposiums discussing the role of critical minerals in the energy transition and the challenges of financing sustainable development. Sigma Lithium’s participation is part of its efforts to promote a just energy transition and green industrialization in Brazil. The company’s sustainable lithium concentrate, Quintuple Zero Green Lithium, aligns with the ethos of electric vehicle consumers and has enabled Sigma Lithium to gain an influential role in the global lithium supply chain. The company’s investment in social capital expenditures has created approximately 21,000 jobs and its philanthropic foundation, Instituto Lito Verde, supports initiatives to improve the lives of people in the region where it operates.
Dubai played host to the 80th Annual General Meeting (AGM) of the International Air Transport Association (IATA), uniting aviation leaders and airline allies. The gathering served as a platform for discussions on decarbonization, digital advancements, and sustainable development in the sector. National Airlines, a prominent IATA member, commended the UAE’s leadership for the successful hosting of the event. The AGM reaffirmed the Middle East’s pivotal role in shaping the future of aviation, fostering collaboration and innovation.
BluSmart, South Asia’s leading all-electric ride-hailing service, has expanded its presence into the United Arab Emirates (UAE) with the launch of its #RideSmartDubai campaign. This marks the company’s first international venture, introducing Dubai to its 100% electric, premium limousine service.
The launch of BluSmart’s service promises to positively impact both tourists and tourism businesses by offering reliable, safe, eco-friendly, and luxurious travel experiences. The company’s electric limousines will provide a sustainable and environmentally conscious travel option for tourists and visitors.
BluSmart’s expansion into Dubai is aligned with the UAE’s focus on sustainable development. The company’s electric vehicles will contribute to reducing carbon emissions and promoting environmental sustainability in the region.
The #RideSmartDubai campaign, along with BluSmart’s strategic expansion plans, is expected to boost local tourism and the economy while promoting environmental consciousness and sustainability initiatives.
The 10th World Water Forum concluded in Bali, Indonesia, with the adoption of several significant resolutions, including the endorsement of a World Lakes Day and the creation of a Center of Excellence on Water and Climate Resilience. The forum emphasized the need for integrated water resource management on small islands and adopted a Ministerial Declaration encapsulating commitments to 113 clean water and sanitation projects valued at USD 9.4 billion. Attended by 64,000 participants from 160 countries, the forum highlighted the critical need for enhanced cooperation among stakeholders to achieve its goals and recognized the contributions of individuals like Iffah Rachmi, who received the Kyoto World Water Grand Prize 2024.
The 10th World Water Forum, held in Dakar, Senegal, brought together global leaders, experts, and stakeholders to discuss pressing water challenges and showcase innovative solutions.
Pylontech, a leading energy storage system provider, has officially opened its global headquarters in Shanghai. Founded in 2009, Pylontech has established itself as a key player in the industry, mastering core technologies in battery cells, modules, and Battery Management System (BMS), system integration, and more. With over ten years of experience serving overseas markets and cumulative shipments exceeding one million units, Pylontech has gained worldwide recognition for its technological innovation and exceptional products and services. To meet its continuous growth needs, Pylontech has established R&D and manufacturing bases in various locations and accelerated its global expansion by setting up branches in multiple countries. The newly opened global headquarters spans over 50,000 square meters and integrates R&D, production, and offices, providing comprehensive support for Pylontech’s ongoing development. Pylontech is committed to deepening cooperation with global partners and contributing to the global energy transition and sustainable development.
Eversource Capital, the Indian climate impact fund, is seeking to raise at least $1 billion to invest in companies across Asia. The fund will focus on themes such as water, food, agriculture, and recycling, with a particular emphasis on India and expanding into countries like Indonesia, the Philippines, Vietnam, and Bangladesh. Eversource’s team is actively looking for projects and companies that align with their climate mitigation and adaptation goals. The fund aims to provide an annual return of over 20% on equity investments, acting as a feeder to global investors and private equity firms.
Macao, represented by the Macao Government Tourism Office (MGTO), joined fellow member cities of the UNESCO Creative Cities Network specialized in gastronomy at the inaugural UNESCO Creative Cities of Gastronomy Annual Conference, held in Phuket, Thailand from May 10-12. The gathering facilitated exchange of best practices and discussions on crucial topics such as sustainable tourism models, zero food waste strategies and the role of gastronomy in mitigating climate change, fostering collaboration and enhancing Macao’s global recognition. The conference reinforced Macao’s commitment to advancing its status as a Creative City of Gastronomy, contributing to the UN’s Agenda for Sustainable Development.
