In Short : Baheti Recycling Industries Ltd will invest ₹3.51 crore to set up a 1.2 MW captive solar plant at its Gujarat facility. The project aims to cut energy costs by 60% and save ₹1.25 crore annually. Aligned with the company’s ESG goals, the plant will support clean energy use and operational efficiency, boosting […]
IFC-Led Group Eyes 30% Stake in ReNew’s C&I Arm to Fuel Clean Energy Growth – EQ
In Short : An investor group led by the International Finance Corporation (IFC) is in advanced talks to acquire a 30% stake in ReNew’s Commercial & Industrial (C&I) renewable energy unit. The deal aims to support ReNew’s expansion in the distributed clean energy segment. It reflects growing investor interest in India’s C\&I green energy market, […]
Sunkind Energy and JA Solar Forge Alliance to Power India’s Solar Manufacturing Growth – EQ
In Short : Sunkind Energy has partnered with JA Solar to enhance photovoltaic (PV) cell and module manufacturing in India. The collaboration aims to boost domestic solar production capacity, supporting the country’s Atmanirbhar Bharat initiative. By leveraging JA Solar’s technology and Sunkind’s local expertise, the partnership will accelerate the growth of India’s solar manufacturing ecosystem […]
Bihar Set to Unveil Solar Policy to Spark Renewable Energy Growth and Investment – EQ
In Short : Bihar will unveil a new solar energy policy within 15 days to attract renewable energy investments and accelerate clean power adoption. The policy aims to promote grid-connected solar projects, rooftop installations, and solar parks across the state. It is expected to streamline approvals, offer incentives, and support Bihar’s goal of expanding its […]
India Ranks Third Globally in Power Generation Growth, Driven by Renewables and Rising Demand – EQ
In Short : India recorded the world’s third-highest growth in power generation over the past five years, after the US and China, according to the IEA. Driven by rising demand and renewable investments—especially in solar—India nearly doubled its wind and solar output. Despite growth in clean energy, coal remains dominant, though renewables now account for […]
ADB President Deepens US Engagement, Puts Private Sector-led Growth at Forefront of ADB–US Partnership – EQ
In Short : Asian Development Bank (ADB) President Masatsugu Asakawa reinforced the ADB–US partnership during his recent US visit, highlighting the importance of private sector-led growth in Asia and the Pacific. He emphasized deeper collaboration with the US to mobilize private capital, support climate action, and drive sustainable development, positioning the private sector as a […]
Tesla Eyes India: A Strategic Move Toward Growth and Green Mobility – EQ
In Short : India is courting Tesla with policy incentives and tariff cuts to boost local EV production, while blocking Chinese rival BYD’s investment. For Tesla, entering India offers access to a fast-growing market amid declining global deliveries. Local manufacturing could cut costs and align with India’s green goals, though regulatory hurdles and infrastructure gaps […]
NTPC records 438.6 BU Power Generation in FY25, Marks 3.88% YoY Growth – EQ
In Short : NTPC generated 438.6 BU of power in FY25, marking a 3.88% YoY growth. The company added 3,972 MW capacity, reaching nearly 80 GW. With 32 GW under construction, including 15 GW in renewables, NTPC targets 60 GW green energy by 2032. It is also expanding into e-mobility, battery storage, and green hydrogen […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand surged in 2024, growing nearly twice the recent average. Driven by economic recovery, industrial growth, extreme weather, and rising AI-driven power needs, demand spiked across fossil fuels and electricity. China, India, and data centers led the surge. The imbalance strained supply chains, increased prices, and raised carbon emissions, challenging […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand witnessed a sharp surge in 2024, growing nearly twice the recent average, driven by economic recovery, industrial expansion, and extreme weather events. Increased consumption of electricity, oil, and gas intensified supply challenges, highlighting the urgent need for accelerated renewable energy deployment and energy efficiency measures to balance rising demand […]