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Anand Gupta

Editor - EQ Int'l Media Network

One year into the BIL: Catalyzing US investments in energy – EQ Mag

The legislation provides an opportunity to improve the country’s clean-power infrastructure. More than a year since its signing, we take stock of announced funding, programs, and the road ahead. The Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law (BIL), which was signed in November 2021, will provide more than $1 trillion […]

BYD and CATL’s Battery Material Supplier Anda Initiates Application for IPO – EQ Mag

Guizhou Anda Energy Technology formally initiated its application for share subscription and IPO on March 13. The company intends to be listed on the Beijing Stock Exchange. Anda will issue shares at a price of RMB 13 per share. The P/E ratio will reach 34.44. For the upcoming IPO, Anda will offer no more than […]

Perovskite Materials Increased 3.5 Times in Efficiency Simply with a Silver Mirror – EQ Mag

Perovskite is one of the most prospective materials for solar PV, and US scientists are now elevating the efficiency of the material by more than threefold by integrating a layer of mirror. Silion solar has been the top choice for the solar industry over the past several years, and is gradually dropping in cost especially […]

Pacific SOE Commercialization can Support Decarbonization, Climate Change Mitigation — ADB Report – EQ Mag

SYDNEY, AUSTRALIA  : Commercialization is an important tool in the arsenal of Pacific state-owned utilities as they seek to decarbonize and mitigate climate change-related risks, according to a new Asian Development Bank (ADB) report. Finding Balance 2023: Benchmarking Performance and Building Climate Resilience in Pacific State-Owned Enterprises compares the performance of state-owned enterprises (SOEs) in […]

President Biden Vetoes Anti-ESG Bill – EQ Mag

WASHINGTON, D.C. : President Biden vetoed a bill today that would deny retirement plan fiduciaries the discretion to consider climate change and other environmental, social, and governance (ESG) factors when making investment decisions and exercising shareholder rights. The bill would have blocked the Department of Labor from enforcing a rule ensuring that investment advisors retain […]

UP: Power department employees end strike after talks with govt – EQ Mag

Lucknow : Uttar Pradesh electricity department employees on Sunday ended their 72-hour strike after several rounds of talks between their leaders and state energy minister A K Sharma, saying the decision was taken to “respect the directions of the chief minister”. The protesting employees, who had started their strike at 10 pm on March 16, […]

India’s power consumption rises 10% in Apr-Feb to 1375 billion units, crosses full fiscal energy supplies a year ago – EQ Mag

In entire fiscal year 2021-22, power consumption was 1374.02 BU, which is less than 1375.57 BU recorded during April 2022 to February 2023 period. India’s power consumption surged 10 per cent to 1375.57 billion units (BU) during April-February this fiscal year, and has already surpassed the level of electricity supplied in entire 2021-22. The government […]

Mercedes set to invest billions in e-vehicles plants – EQ Mag

BERLIN : Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions. The European Union has set a goal to halve CO2 emissions per passenger car over their life cycle by […]

Scratched EV battery? Your insurer may have to junk the whole car – EQ Mag

LONDON/DETROIT : For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, […]

EV charging infra platform CHARGE+ZONE raises USD 54 million – EQ Mag

CHARGE+ZONE, a electric vehicle charging company on Monday announced that it has raised $54 million in equity and debt to to expand the high speed charging network. As part of Series A1, CHARGE+ZONE has raised $54 million in which $8 million is debt investment from an infrastructure strategy managed by Blue Orchard. Additionally, the company […]