In Short : Punjab holds immense renewable energy potential but remains largely untapped due to policy and regulatory gaps. Experts emphasize that stronger policy support, financial incentives, and streamlined approvals are essential to accelerate solar and biomass adoption. With the right framework, Punjab could reduce dependence on conventional power, boost rural incomes, and emerge as […]
Gentari Plans Partial Stake Sale to Boost Renewable Growth in India – EQ
In Short : Gentari, the clean energy subsidiary of Malaysia’s Petronas, is looking to sell up to a 50% stake in its India operations. The potential \$400 million deal involves its 3.5 GW portfolio of wind, solar, and energy storage assets. The move aims to attract partners to expand its renewable footprint and support its […]
India Accelerates Renewable Growth with Ambitious Targets and Major Investments Through 2030 – EQ
In Short : India’s renewable energy capacity has reached 220.1 GW, with solar contributing 48% (105.65 GW). A 143.8 GW project pipeline is underway, alongside 66.1 GW in bidding. Despite coal still generating 70% of power, India targets 500 GW non-fossil capacity by 2030. Achieving this requires doubling annual renewable additions and up to \$385 […]
Uttar Pradesh’s Solar Energy Policy: A Strategic Move Towards Renewable Growth and Economic Development – EQ
In Short : Uttar Pradesh’s Solar Energy Policy 2022 aims to achieve 22,000 MW of solar capacity by 2026–27, with 14,000 MW from solar parks and 8,000 MW from rooftop installations. The policy includes financial incentives, such as stamp duty exemptions, and the creation of a Green Energy Corridor. Additionally, 30,000 youth will be trained […]
Inox Neo Energies Wins 50 MW In Maiden Wind Power Auction – EQ
In Short : Inox Neo Energies has won a 50 MW wind power project in its debut bid during GUVNL’s Wind Phase-IX auction at a tariff of ₹3.66/kWh. The project, to be developed in Gujarat, marks the company’s entry into the wind energy sector and supports its renewable growth strategy. A 25-year power purchase agreement […]
India’s Solar Open Access Surges in 2024 Amid Challenges to Renewable Growth – EQ
In Short : India added 6.9 GW of solar open access capacity in 2024, a 77% rise from 2023, driven by low-cost Chinese imports. Maharashtra led with 18% of installations, followed by Rajasthan and Karnataka. The total capacity reached 20.2 GW, but challenges like weak tender demand and project delays threaten India’s 500 GW renewable […]
EU’s Affordable Energy Plan: Opportunities for India’s Renewable Growth and Global Collaboration – EQ
In Short : The EU’s Affordable Energy Action Plan focuses on energy security, price stability, and renewable energy transition. For India, this offers opportunities for collaboration in renewables, technology transfer, and energy trade, particularly in green hydrogen and solar. India can adopt EU best practices in energy efficiency and policy frameworks, strengthening its climate goals […]
Renewable growth in India expected to fall short of PM Modi target – EQ
In Short : Renewable growth in India is expected to fall short of Prime Minister Modi’s target. This may indicate challenges or adjustments needed to achieve the envisioned expansion of renewable energy capacity in the country, underscoring the complexities of transitioning to sustainable energy sources. In Detail : Capacity in 2024 is expected to rise […]
New climate target poses upside risks to outlook for renewable growth: Fitch Solutions – EQ Mag Pro
With the new targets, it expected to see attempts to alleviate the issues regarding supply chains, manufacturing and project development that have long plagued renewable proliferation. At the 2021 Climate Change Conference, also known as COP26, Modi outlined a net zero emissions target by 2070 for India. Fitch Solutions on Thursday said the new climate […]
Fitch Solutions says new climate target poses upside risks to outlook for renewable growth – EQ Mag Pro
Fitch Solutions on Thursday said the new climate targets announced at the COP26 summit by Prime minister Narendra Modi pose an upside risk to its outlook for renewable growth in the country. With the new targets, it expected to see attempts to alleviate the issues regarding supply chains, manufacturing and project development that have long […]