In Short : India and Brazil have agreed to deepen cooperation in artificial intelligence, mining, renewable energy, and healthcare while setting an ambitious bilateral trade target exceeding $20 billion by 2030. The renewed engagement highlights shared economic priorities, South-South collaboration, and a commitment to expanding strategic, technological, and investment partnerships. In Detail : India and […]
Global electricity demand is set to grow strongly to 2030, underscoring need for investments in grids and flexibility – EQ
In Short : Global electricity demand is projected to grow rapidly through 2030, driven by electrification, digitalisation, electric vehicles, and clean energy transitions. This growth highlights the urgent need for large-scale investments in power grids, energy storage, and system flexibility to ensure reliable supply, integrate renewables, prevent bottlenecks, and support sustainable economic development worldwide. In […]
India Poised to Reach 500 GW Renewable Energy Milestone by 2030 – EQ
In Short : India is on track to achieve its ambitious target of 500 GW of renewable energy capacity by 2030, according to Union minister Piyush Goyal. The outlook reflects accelerating deployment across solar, wind, storage, and emerging technologies, supported by policy reforms, investment momentum, domestic manufacturing, and grid upgrades aimed at ensuring reliable, affordable, […]
Truzon Solar Partners with Sachin Tendulkar in Strategic Investment to Scale Growth and Target Top 3 Solar EPC Position by 2030 – EQ
In Short : Truzon Solar has entered into a strategic investment partnership with Sachin Tendulkar to accelerate its growth and expand operations across India. The collaboration aims to strengthen execution capabilities, scale project portfolios, and position Truzon Solar among the top three solar EPC companies in the country by 2030. In Detail : Truzon Solar […]
India to Require 230 GWh of Energy Storage by 2030 to Stabilise Grid with 254 GW Renewables – EQ
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 […]