India

India

Kerala State Electricity Board Eases Procedures For Setting Up Solar Power Units – EQ Mag Pro

August 26, 2021 Anand Gupta

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In a bid to ease the procedure for consumers interested in setting up grid connected solar rooftop power generating system, the Kerala State Electricity Board (KSEB) has decided to set up a single point of contact at the corporate office level. THIRUVANANTHAPURAM: In a bid to ease the procedure for consumers interested in setting up […]

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India

India Achieves 28 Per Cent Emission Reduction Over 2005 Levels: R K Singh – EQ Mag Pro

August 26, 2021 Anand Gupta

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This makes India among one of the few countries globally which has kept to its Paris Climate Change commitments New Delhi : India has achieved emission reduction of 28 per cent over 2005 levels, against the target of 35 per cent by 2030 committed in its Nationally Determined Contributions, power and renewable energy minister R […]

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India

Simple Energy Plans to Raise $100 Million in Series A Funding – EQ Mag Pro

August 25, 2021 Anand Gupta

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The startup, which earlier this month launched its flagship electric scooter, Simple One, also said it is in talks with some global investors for this round, which is expected to be completed by later this year. MUMBAI : Bangalore-based EV maker Simple Energy on Tuesday announced its plans to raise funds to the tune of […]

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India

Actis Starts Sale Process For Sprng Energy, To Appoint I-Banker Shortly – EQ Mag Pro

August 25, 2021 Anand Gupta

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Sprng Energy is expected to have an operational portfolio of 1.7GW by year-end and has 400MW under construction NEW DELHI : In what may rank among the largest green energy deals in India, private equity firm Actis Llp has started the sale process of its renewable energy platform in India—Sprng Energy—and will be shortly appointing […]

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India

Is India’s Rooftop Solar Sector Being Ignored For Large-Scale Projects? – EQ Mag Pro

August 25, 2021 Anand Gupta

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Rooftop solar has significant potential in India but growth in the sector has lagged due to many factors including a focus on mega solar power projects. India has a target of achieving 40 gigawatts (GW) of green energy from the rooftop solar sector by 2022 but it has not been able to achieve even 20 […]

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India

NHPC Signs MoU With PFC to Fund Hydro Projects, Acquisition of Stressed Projects – EQ Mag Pro

August 25, 2021 Anand Gupta

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The signing of the MoU will further bolster the long-standing association between PFC and NHPC and will herald a transformational opportunity between the two organizations, an official statement said Hydropower producer NHPC Limited has signed a memorandum of understanding with Power Finance Corporation (PFC) on Tuesday. The agreement is for funding hydroelectric projects by NHPC. […]

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India

ReNew Power Completes Merger With US-Based RMG II – EQ Mag Pro

August 25, 2021 Anand Gupta

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ReNew Power Pvt Ltd (ReNew Power) on Tuesday said it has completed “business combination” with US-based RMG Acquisition Corporation II (RMG II). ReNew Power in February had announced merger with blank-check company RMG II, giving India’s biggest renewable power producer an enterprise value of USD 8 billion and listing on NASDAQ. A blank-check company is […]

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India

Nashik Signs ‘Race To Zero’ Pledge – EQ Mag Pro

August 24, 2021 Anand Gupta

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Nashik has become the first non-metro city in Maharashtra to sign the ‘Race To Zero’ pledge for going net zero on greenhouse gas by 2040. Net Zero is an ambitious target where an institution, a city or a country aims to attain a balance between the amount of greenhouse gas produced and the amount removed […]

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India

Joint Efforts of Centre, States to Help in Successful Implementation of RE Schemes: R K Singh – EQ Mag Pro

August 24, 2021 Anand Gupta

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The renewable energy minister emphasised on the importance of PM-KUSUM scheme for farmers which provides them day-time reliable source of power for irrigation activities and also increasing their income. Joint efforts of the Centre and states will help in successful implementation of the schemes for rooftop solar and harnessing solar energy by farmers, Union minister […]

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India

Odisha Govt Asks Green Energy Development Agency to Promote Solar Power – EQ Mag Pro

August 24, 2021 Anand Gupta

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Bhubaneswar : The Odisha government has asked its renewable energy development agency to come up with cost-effective incentive schemes to promote domestic use of solar power in the state, according to a statement. Chief Secretary SC Mohapatra has directed the Odisha Renewable Energy Development Agency to explore options for incentivising private use of such green […]

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