In Short : As India’s renewable energy capacity reaches 254 GW, the country will require nearly 230 GWh of energy storage by 2030 to maintain grid stability. Large-scale battery storage, pumped hydro, and hybrid solutions will play a critical role in balancing intermittency, ensuring reliable power supply, and supporting India’s transition toward a resilient, renewables-dominated […]
AI-Driven Growth Could Contribute 20% of Incremental Power Demand by 2030 – EQ
In Short : Artificial intelligence could account for nearly 20% of global incremental power demand by 2030, driven by the rapid expansion of data centres, high-performance computing, and AI-intensive applications. Rising energy needs are prompting utilities, governments, and technology companies to rethink power generation, grid infrastructure, and sustainability strategies to ensure reliable, efficient, and low-carbon […]
India Sets Ambitious Goal to Become the World’s Lowest-Cost Green Hydrogen Producer by 2030 – EQ
In Short : India has set a bold target to emerge as the world’s lowest-cost producer of green hydrogen by 2030, aiming to drive large-scale decarbonization across industries and reduce reliance on imported fossil fuels. The government is focusing on expanding renewable energy capacity, scaling electrolyser manufacturing, and improving supply chain efficiencies to cut production […]
ONGC Launches 300 MW Solar Project to Propel Its 10 GW Renewable Ambition by 2030 – EQ
In Short : Oil and Natural Gas Corporation (ONGC) has awarded a **300 MW solar project** as part of its ambitious plan to achieve **10 GW renewable energy capacity by 2030**. The project underscores ONGC’s commitment to sustainability and energy transition, aiming to integrate clean power into its operations. This initiative positions ONGC as a key player […]
India Targets 85% Local Content in Wind Energy Manufacturing by 2030 to Boost Self-Reliance – EQ
In Short : Union Minister Pralhad Joshi has urged India’s wind energy industry to increase local content from 64% to 85% by 2030. Emphasizing self-reliance and job creation, he highlighted the need to strengthen domestic manufacturing and reduce import dependence. The move aligns with India’s renewable energy goals and its vision to become a global […]
IEA Predicts Global Renewable Power to Surge by 4,600 GW by 2030, Led by Solar Expansion – EQ
In Short : The International Energy Agency (IEA) projects a massive 4,600 GW increase in global renewable power capacity by 2030—equivalent to the combined capacity of China, the EU, and Japan. Solar PV will lead nearly 80% of this growth, followed by wind and hydropower. Despite rapid expansion, the world still falls short of COP28’s […]
Draft Building Code Restrictions on Basement EV Charging Pose Challenge to India’s 2030 EV Targets – EQ
In Short : India’s EV adoption target of 30% by 2030 may face regulatory hurdles due to draft amendments in the National Building Code. The provisions restrict basement EV charging to mitigate fire risks, allowing it only in limited, compartmentalized spaces. Experts warn this could slow urban EV adoption, urging balanced regulations that ensure safety […]
India Set to Lead Global Wind Power Exports, Targeting 107 GW by 2030 – EQ
In Short : India is set to remain a major global hub for wind power exports through 2030, with domestic capacity projected to reach 107 GW. Supported by strong manufacturing of turbines, blades, towers, and gearboxes, the country is strengthening its renewable energy supply chain. Investments in offshore wind and technological innovation position India as a […]
India Unveils ₹1.85 Lakh Crore NTPC Green Hydrogen Hub, Targets 5 MMT Production by 2030 – EQ
In Short : India aims to produce 5 million metric tonnes of green hydrogen annually by 2030, targeting 10% of the global market. Petroleum Minister Hardeep Singh Puri announced a ₹1.85 lakh crore NTPC Green Energy project in Pudimadaka, Andhra Pradesh, integrating 20 GW of renewable capacity. The initiative aligns with India’s energy independence goals, […]
Jakson Group to Invest ₹100 Crore in Distributed Energy, Aims for $1 Billion Revenue by 2030 – EQ
In Short : Jakson Group will invest ₹100 crore in distributed energy by FY26 to expand its clean energy portfolio, focusing on solar, storage, and green solutions. The company aims to scale operations and strengthen market presence while targeting $1 billion in revenue by 2030. This investment aligns with India’s renewable growth and supports the […]