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Anand Gupta

Editor - EQ Int'l Media Network

Fitch Ratings Affirms ‘BBB-‘ Rating On ‘Adani’ Ports With Stable Outlook – EQ Mag

Fitch Ratings on Thursday affirmed its ‘BBB-‘ rating on Adani Ports and Special Economic Zone Limited with a stable outlook, saying the Hindenburg report has a limited near-term impact on APSEZ’s cost of funding. Hindenburg Research in a January 24 report accused Adani group of “brazen stock manipulation and accounting fraud” and using a number […]

Govt committed to biomass co-firing policy as it curbs pollution, generates income: Krishan Pal Gurjar – EQ Mag

A significant step towards lowering emissions from the power sector is the biomass co-firing policy The government is committed to biomass co-firing policy as the use of biomass pellets aimed at reducing pollution and better earnings for farmers and pellet manufacturers, Minister of State for Power Krishan Pal Gurjar said on Friday.Addressing the National Conference […]

CPPIB may offer to buy out ReNew minority shareholders – EQ Mag

Canada’s biggest pension fund manager CPP Investments (CPPIB) has initiated preliminary discussions with investment banks to explore the possibility of launching a tender offer to acquire the minority shareholders of Nasdaq listed renewable energy company ReNew Energy Global, which operates one of India’s biggest renewable energy platform – ReNew Power, said a person in the […]

Delegates discuss energy security, climate change at second G20 Framework Working Group meeting – EQ Mag

Chennai (Tamil Nadu) [India] : The second G20 Framework Working Group (FWG) meeting under India’s G20 Presidency concluded in Chennai on March 25. During the meeting, delegates discussed and agreed on the way forward for important deliverables, including those on macroeconomic consequences of food and energy insecurity and climate changes as well as transition pathways, […]

RevFin targets financing 20 lakh electric vehicles in next 5 years – EQ Mag

Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its CEO & Founder Sameer Aggarwal. With the Indian electric vehicle industry poised for an accelerated growth, he said the company is […]

Agro-Photovoltaics to Improve Cooling Effect and Extend Module Lifespan – EQ Mag

Agro-photovoltaics is now a common type of solar installation, which not only retains crops, but also develops green electricity. A recent study from the US pointed out that agro-photovoltaics systems are taller compared to traditional solar panels that could improve the cooling effect of modules, as well as achieve a better performance in power generation, […]

Network Planning Group under PM Gati Shakti prog approves 6 infra projects – EQ Mag

All logistics and connectivity infrastructure projects, entailing an investment of over Rs 500 crore, are routed through the NPG The Network Planning Group (NPG) under the PM Gati Shakti initiative has approved six infrastructure projects related to renewable energy, road and railways, an official statement said on Wednesday. On October 13 last year, the PM […]

Global renewables capacity grew by record 10% last year – IRENA – EQ Mag

LONDON  : Global renewable energy capacity grew by a record 9.6% last year but needs to grow by three times the current rate to limit global warming, the International Renewable Energy Agency (IRENA) said on Tuesday. IRENA’s annual report on renewable energy statistics said global renewable energy capacity amounted to 3,372 gigawatts (GW) at the […]

China and Brazil look to set up green investment fund, say Lula aides – EQ Mag

Brazilian Environment Minister Marina Silva, who will be part of Lula’s delegation, said the new fund under discussion would be used to recover forests and develop a more sustainable economy, including production of green hydrogen BRASILIA : Brazil and China are in talks to create a fund for financing the development of green industry and […]

Asian Development Bank to provide Rs 754 crore loan to SAEL Industries – EQ Mag

New Delhi : Asian Development Bank (ADB) will provide a loan up to Rs 754 crore to SAEL Industries Ltd for setting up of biomass power plants in Rajasthan. The lender and SAEL have entered into a loan agreement, according to a release on Friday. SAEL is a solar and agricultural waste-to-energy company. It has […]