Sustainability refers to the ability to maintain or preserve resources, ecosystems, and social systems over the long term without compromising the needs of future generations. It encompasses a holistic approach to environmental, economic, and social practices that seek to balance human activities with the earth’s natural systems. In environmental contexts, sustainability involves using resources in a way that does not deplete them, ensuring that natural habitats and biodiversity are protected. Economically, it promotes practices that support long-term growth without causing ecological harm. Socially, sustainability emphasizes equity, ensuring access to resources and opportunities for all people. Overall, sustainability encourages responsible management of resources, fostering a harmonious relationship between humans and the environment.
ONGC commits Rs1.2 billion to ONGC Green for the acquisition of PTC Energy, marking a shift towards sustainable energy. The acquisition involves securing a 100% equity stake in PTC Energy,…
Croatia is investing EUR 50 million to develop geothermal energy, transforming its renewable energy landscape. Exploratory drilling is underway in six cities, including Vinkovci, Vukovar, and Osijek, as part of…
The global energy landscape is caught between rising oil and gas demand and the push for renewables. Oil industry investment needs to increase by 30%, with $660 billion annually required…
In 2023, Lea County, New Mexico, saw an economic surge, generating $180 million from oil and natural gas, eight times the previous year's revenue. Despite the sudden wealth, the impermanence…
NHPC Ltd plans to invest over ₹80,000 crore in 20 GW pumped storage capacity, marking a seismic shift in India's renewable energy landscape. Key collaborations with state governments, such as…
65% of German homeowners plan to adopt solar energy by 2029, almost double the current rate. Interest in electric vehicles is rising, with 41% of homeowners considering ownership by 2029.…
### Eliq Partners with Volvo Cars for Innovative Energy Solutions Eliq, a Swedish energy management platform, has recently garnered attention by securing a significant investment from the Volvo Cars Tech…
### A Vision for Sustainability and Savings Turkey is setting the stage for a remarkable transformation in energy efficiency, planning to channel over $20 billion into projects by 2030. This…
Renewable energy initiatives are about to get a significant boost. The government has announced a strategic move to relieve the financial burdens faced by renewable energy projects by removing customs…
### IKEA's Bold Commitment to Sustainability IKEA is stepping up the fight against climate change by announcing a staggering investment of €1.5 billion (approximately $1.54 billion) aimed at enhancing energy…