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Anand Gupta

Editor - EQ Int'l Media Network

MITECO Selects 146 MW Biomass & 31 MW Distributed Solar PV Under Spain’s 3rd REER Auction – EQ Mag Pro

Spain’s MITECO has concluded the 3rd renewable energy auction under REER for 520 MW capacity It awarded 146 MW biomass and 31 MW distributed solar PV capacity for tariffs higher than the cap For distributed solar PV, the average winning tariff was determined as €53.88 per MWh, while minimum and maximum tariffs ranged between €44.98 […]

World Energy Outlook 2022 shows the global energy crisis can be a historic turning point toward a cleaner and more secure future – EQ Mag Pro

For the first time, global demand for each of the fossil fuels shows a peak or plateau across all WEO scenarios, with Russian exports in particular falling significantly as the world energy order is reshaped The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential […]

Nordic energy companies strike 250MW Danish PV pact – EQ Mag Pro

GreenGo Energy and Nordic Power to start construction of first project by the year-end GreenGo Energy has entered a partnership agreement with Nordic Solar to executive a 250MW portfolio of solar PV projects in Denmark. Under the partnership agreement, Nordic Solar will invest Dkr1 billion over the next three-to-five years. The company will acquire the […]

Masdar Acquires Arlington Energy to Advance Renewable Energy Storage Market – EQ Mag Pro

Masdar buys leading battery energy storage developer to support offshore wind and renewables investment strategy Acquisition will enable the development, construction, operational management and financing of renewable energy storage projects under Masdar-Arlington platform Abu Dhabi, United Arab Emirates : Masdar, one of the world’s leading renewable energy companies, today announced it has aquired UK-based battery […]

ENGIE acquires 6 GW of solar and battery storage capacity projects from Belltown Power in the US – EQ Mag Pro

The acquisition of these 33 early to late-stage projects will accelerate renewables development across multiple states in North America and significantly strengthen the Group’s project pipeline ENGIE announced it has acquired a 6 GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S. The transaction includes 33 projects comprising some […]

Electric scooter battery explodes killing a child in Maharashtra: Details – EQ Mag Pro

In a tragic incident, a 7-year-old boy in Maharashtra was killed after the battery of an electric scooter exploded while it was being charged at his home. The incident took place in Vasai area of Palghar, Maharashtra on Sunday. The boy was identified as Shabbir Shahnawaz. As per reports, Shabbir and his grandmother were sleeping […]

CII: State govt must fast-track approvals for Pvt solar plants – EQ Mag Pro

Panaji: The state government must fast-track the PM Kusum scheme and sign power purchase agreements with landowners who are keen to set up solar plants on uncultivable land, said the Confederation of Indian Industry (CII) on Thursday. CII said many local companies are ready to set up large solar plants on waste mines. They are […]

How to get green financing to take off – EQ Mag Pro

An economic return alone might not be sufficient to induce green financing. A more holistic rate of return, considering the social cost of carbon, will be appropriate Climate finance, or Green Money, remains a critical bottleneck for India in its journey towards the Net Zero 2070 objective and to create a resilient system through climate […]

Carbon capture in the steel industry: ArcelorMittal, Mitsubishi Heavy Industries Engineering, BHP and Mitsubishi Development sign collaboration agreement – EQ Mag Pro

ArcelorMittal, the world’s leading global steel and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The […]

IEA sees global energy emissions peaking in 2025 – EQ Mag Pro

The International Energy Agency said Thursday it believes global energy emissions will peak in 2025 as surging prices due to the Russian invasion of Ukraine propel investment in renewables. Only last year the IEA said there was “no clear peak in sight” in energy emissions, but the new higher investment in wind and solar is […]