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Anand Gupta

Editor - EQ Int'l Media Network

‘Rs 2.5L crore investment likely in green energy by 2032’: Karnataka government – EQ Mag Pro

Kapil Maheshwari, Leader, Renewable Energy, RIL, said that in another year, India will be number 1 in net energy green hydrogen export. BENGALURU: The Karnataka government expects an investment of Rs 2.5 lakh crore in the renewable energy sector by 2023, Additional Chief Secretary, of the Energy Department, G Kumar Naik, said here on Thursday. […]

ADB, EDC Sign Mandate for 2 GW Solar and Battery Storage Power Program in Cambodia – EQ Mag Pro

MANILA, PHILIPPINES  : The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 gigawatts (GW) of solar power in Cambodia. The mandate will help the country achieve its goal of carbon neutrality by 2050. Under this mandate, ADB will […]

Third quarter 2022: Strong performance driven by the Philippines: Scatec -EQ Mag Pro

Oslo : In the third quarter 2022, Scatec’s proportionate revenues increased by 52% to NOK 1,818 million (1,196) with an all-time high EBITDA of NOK 850 million (767). Power production rose to 1,135 GWh (1,065). “We reported strong results from our diversified portfolio of power plants driven by the solid performance in the Philippines. We […]

Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy – EQ Mag Pro

With the goal of reaching gigawatt scale by mid-decade, Aspen acquires Safari Energy from PPL Corporation DALLAS AND NEW YORK : Aspen Power Partners LLC (“Aspen”), a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG). The investment supports […]

Actis Backed Rezolv Energy Acquires Rights To Develop Europe’s Largest Ever Solar Photovoltaic Plant – EQ Mag Pro

Rezolv Energy was launched earlier this year by Actis to build a new era of sustainable power in Central and South-Eastern Europe The 1,044 MW plant, acquired from Monsson, will be situated in western Romania The plan is expected to be online by 2025, providing clean power to more than 370,000 households Potential to integrate […]

Growatt Portable Power Station Officially Goes Live on Amazon – EQ Mag Pro

Growatt announces the launch of an Amazon store for their powerful solar generator & solar panels that harness endless power to light up the future of mankind Growatt, a global leading new energy brand, debuted Infinity 1500 on Amazon yesterday, with special launch deals to mark the occasion. Customers who purchase Infinity 1500 will enjoy […]

Redington announces record Q2 Results; reports highest YoY H1 growth – EQ Mag Pro

Highest ever quarterly Revenue & operating profit INR 19,080 Crores in revenues for Q2FY23 PAT growth of 26% YoY for Q2FY23 CHENNAI, India :  Redington Limited (NSE: REDINGTON), today announced its financial results for Q2FY23, which ended on September 30, 2022. The company has registered its highest ever quarterly revenue and operating profit. Global revenues […]

EV mobility start-up BattRE gets seed funding from Agility Ventures – EQ Mag Pro

BattRE was founded in 2017 in Jaipur by Nischal Choudhary and Pankaj Sharma to take electric mobility across the country; currently it has a network of 400 plus dealerships in 21 states and 276 towns. Two-wheeler mobility start-up BattRE has raised an undisclosed amount for its seed fund from a group of investors led by […]

Ratan Tata-Owned Electra EV Raises $25 Mn From GEF Capital – EQ Mag Pro

With this investment, GEF Capital has acquired a minority stake in the startup which provides powertrain solutions for electric vehicles Electra EV will use the fresh funds to expand its product offerings for three-wheelers, four-wheelers, agriculture and other allied segments The startup, promoted by Ratan Tata, plans to further enhance its design, testing, and prototyping, […]

Karnataka soon to be the flag bearer of the renewable energy sector: Panel – EQ Mag Pro

Karnataka will soon be the flagbearer of the country’s renewable energy sector as it is already the single largest ethanol production hub in Asia, opined an expert panel on energy spoke at Global Investors’ Meet in Bengaluru on Thursday. The country has the mandate to meet 50% of its energy requirements through renewable sources, which […]