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Additional ADB Grant to Strengthen Energy Security in Central Asia – EQ

In Short : The Asian Development Bank (ADB) is enhancing energy security in Central Asia through an additional grant. This initiative focuses on improving infrastructure, promoting renewable energy, fostering regional cooperation, and building institutional capacity. It aims to develop effective policies, increase energy efficiency, and ensure climate resilience, aligning with ADB’s goals of sustainable development […]

SOFAR’s Innovative Strategy Boosts Solar PV Inverter Shipments to 5 GW in India, Accelerating the Country’s Renewable Energy Transition – EQ

India – SOFAR, a global leader in solar PV and energy storage solutions, has announced a major milestone in its Indian operations, surpassing 5 GW in cumulative Solar PV Inverter shipments. This achievement underscores the company’s pivotal role in supporting India’s rapid renewable energy expansion. Notably, in the first half of 2024 alone, SOFAR shipped […]

Gensol Engineering Limited appoints Ankit Jain as Chief Financial Officer – EQ

National – Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in the renewable energy sector specializing in solar power engineering, procurement,andconstruction(EPC)services and electric mobility solutions,is pleased to announce the appointment of Ankit Jain as the Chief Financial Officer. Ankit will be succeeding Jabir Mahendi Aga, who is moving into an expanded leadership role […]

Union Minister Shri Pralhad Joshi to embark on a three-day tour to Germany to strengthen India’s cooperation in the field of sustainable development and renewable energy – EQ

In Short : Union Minister Shri Pralhad Joshi will undertake a three-day visit to Germany to enhance India’s collaboration in sustainable development and renewable energy. During his trip, he will engage with key stakeholders to explore opportunities for joint initiatives and investments in green technologies. This visit underscores India’s commitment to addressing climate change and […]

Cabinet clears India’s membership to 16-nation Energy Efficiency Hub – EQ

In Short : The Energy Efficiency Hub is a global platform focused on fostering collaboration and promoting energy efficiency worldwide. As a member, India will gain opportunities to collaborate with other nations, sharing its expertise while learning from international best practices, according to the Ministry of Power. This membership is expected to enhance India’s energy […]

PFC Secures largest-ever foreign currency term loan of USD 1.265 billion – EQ

In Short : Power Finance Corporation (PFC) has secured its largest-ever foreign currency term loan of USD 1.265 billion. This significant funding will support the corporation’s initiatives in financing power sector projects across India. The loan underscores PFC’s commitment to enhancing energy infrastructure and facilitating sustainable development, while also reflecting investor confidence in India’s growing […]

India’s Renewable Energy Boom: Job Creation and Sustainable Growth – EQ

In Short : India’s renewable energy sector is experiencing a significant boom, contributing to job creation and sustainable growth. With ambitious targets for solar, wind, and other clean energy sources, the government is driving investments that not only reduce carbon emissions but also generate millions of jobs. This transition fosters economic resilience, promotes innovation, and […]

Ministry of Environment, Forest and Climate Change notifies Ecomark Rules under Lifestyle for Environment initiative – EQ

In Short : The Ministry of Environment, Forest and Climate Change has announced Ecomark Rules under the Lifestyle for Environment (LiFE) initiative. These rules aim to promote eco-friendly products through a certification system, encouraging sustainable consumption. By setting standards for various product categories, the initiative seeks to raise awareness of environmentally responsible choices and reduce […]