New Delhi : State-run NLC India Ltd plans to set up a step-down subsidiary to operate its new-age renewable energy businesses, including battery storage. In an interview, Prasanna Kumar Motupalli, chairman and managing director of the company, said that after the recent incorporation of its green energy arm, NLC India Renewables Ltd, the company is […]
Mphasis pledges to be Carbon neutral by 2030 – EQ Mag
Mumbai : Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a pledge to eliminate CO2e emissions from its facilities and operations to become carbon-neutral by 2030. Mphasis believes carbon neutrality is an important driver of value creation and will aim to achieve its goal […]
India to triple renewables auctions as 2030 green target looms – EQ Mag
The nation is accelerating project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030 India will more than triple the capacity of auctions used to allocate renewable energy projects as the nation seeks more progress toward a 2030 clean power target. A new federal government timeline outlines plans […]
ONGC plans to invest Rs 1 lakh crore by 2030 to boost capacity – EQ Mag
The state-owned Oil and Natural Gas Corporation (ONGC) is planning to invest Rs 1 Lakh crore by 2030 to expand the petrochemical manufacturing capacity, as per the reports of Economic Times. It will include new facilities to produce chemicals directly from crude. In the plan of government to make India as major petrochemical hub in […]
Walmart will add thousands of EV charging stations to stores by 2030 – EQ Mag
Walmart said it will add electric-vehicle charging to thousands of its U.S. stores by 2030, on the belief that EV adoption is reaching a tipping point. The company plans to add the fast-charging stations to Walmart and Sam’s Club stores coast-to-coast, more than quadrupling its current network of roughly 280 locations. The pledge will help […]
EU Reaches Deal to Nearly Double Renewables in Energy Mix by 2030 – EQ
Negotiators in the European Council and Parliament reached a provisional deal on Thursday setting a binding target to ramp the share of renewable energy in the EU’s energy consumption to 42.5% by 2030, with each member state contributing to the goal. The agreement also includes more ambitious renewable energy targets for the transport, industry, buildings […]
Opinion: East Asia set to win scramble for wind power dominance by 2030 – EQ Mag
LITTLETON, Colorado : East Asia is set to remain the top wind power production region thanks to a project development pipeline that will expand current wind power capacity by 65% by the end of 2030, according to data from Global Energy Monitor (GEM). Wind is the largest and fastest-growing source of renewable power globally, and […]
New York State Unveils Framework to Reach 6 GW of Energy Storage by 2030 – EQ Mag
Gov. Kathy Hochul’s new framework for New York State to achieve 6 GW of energy storage by 2030, which represents at least 20% of the peak electricity load of the state, was submitted by the New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) to […]
Flipkart commits to 100 per cent renewable electricity by 2030 – EQ Mag
Flipkart said it is already meeting 14% of its electricity requirements from renewable sources Flipkart said it has taken the Climate Group’s RE100 commitment and will make efforts to add renewable energy portfolio from distributed as well as grid-scale projects In 2020, Flipkart committed to a phased integration of electric vehicles (EVs) into its entire […]
More people believe that EVs will overtake diesel, petrol vehicles by 2030 – EQ Mag
The report surveyed 1018 respondents from New Consumer Classification System (NCCS) A & B households between the age groups of 28 to 40. As per the latest report by Acko and YouGov India, A majority of Indian consumers – 57 percent – want to invest in electric vehicles (EVs) because of the practical benefits that […]
