In Short : Alfanar plans to invest $400–$700 million in equity to develop a 3 GW renewable energy portfolio in India by 2030. The Saudi firm will focus on hybrid, battery storage, and solar projects, aiming for 85% local component sourcing. It is also partnering with Indian suppliers for solar modules and smart meters to […]
Maharashtra Unveils Comprehensive EV Policy to Accelerate Adoption and Expand Charging Infrastructure by 2030 – EQ
In Short : Maharashtra’s new EV policy offers up to ₹2 lakh subsidies for electric vehicles, free tolls on key expressways, and mandates EV chargers every 25 km on highways. The policy aims for 30% EV adoption by 2030, includes tax exemptions, and supports infrastructure in residential and commercial buildings, promoting cleaner transport and reducing […]
India Accelerates Renewable Growth with Ambitious Targets and Major Investments Through 2030 – EQ
In Short : India’s renewable energy capacity has reached 220.1 GW, with solar contributing 48% (105.65 GW). A 143.8 GW project pipeline is underway, alongside 66.1 GW in bidding. Despite coal still generating 70% of power, India targets 500 GW non-fossil capacity by 2030. Achieving this requires doubling annual renewable additions and up to \$385 […]
Transforming Agrochemicals: India’s $7 Billion Push for Renewable Energy by 2030 – EQ
In Short : India’s agrochemical sector aims to add 11 GW of renewable energy (RE) capacity by 2030, requiring a \$7 billion investment, according to a JMK Research report. Currently, only 3% of the sector’s electricity comes from renewables. The plan includes increasing RE use in direct consumption and integrating green hydrogen in fertilizer production, […]
Can India Meet the Power Demand for AI Data Centres by 2030? – EQ
In Short : Meeting India’s power demand for AI data centers by 2030 will be challenging due to the growing energy needs of AI technologies. Expanding renewable energy sources, improving energy efficiency, and adopting green technologies will be crucial. Additionally, advancements in cooling and energy storage will help manage consumption, while grid modernization is essential […]
IRENA-G20+ Countries Hold the Key to the Global Renewable Target by 2030 – EQ
In Short : G20+ countries are crucial to meeting the global renewable energy target by 2030. As the world’s largest energy consumers, their commitment to sustainable practices and increased investment in clean technologies can drive significant carbon reductions. Collaborative efforts and policy alignment among these nations will accelerate the transition to renewable energy, shaping a […]
REC to provide Rs 2.5 trn finance for renewable energy projects till 2030 – EQ
In Short : REC Limited plans to finance ₹2.5 trillion for renewable energy projects by 2030, boosting its portfolio to support India’s clean energy transition. The company aims to increase its renewable energy exposure from 8% to 30% by funding solar, wind, hybrid, and emerging technologies like green hydrogen. This initiative aligns with India’s goal […]
Uttar Pradesh government signs Memorandum of Understandings (MoUs) to boost solar push, targets 500 gigawatts (GW) green energy by 2030 – EQ
In Short : On April 22, 2025, the Uttar Pradesh government signed MoUs with the Smart Energy Council of Australia and the Hinduja Group to accelerate renewable energy development. The agreements aim to increase solar capacity, promote green hydrogen, and foster skill development. Uttar Pradesh targets 22,000 MW of solar power by 2027, aligning with […]
IndiGrid Aims to Double Assets to ₹60,000 Crore by 2030, Focusing on Transmission and Renewable Energy – EQ
In Short : KKR-backed IndiGrid plans to double its assets to ₹60,000 crore by 2030, focusing on transmission, solar energy, and battery storage. The company aims for 25-30% of its portfolio to consist of renewable energy assets. To finance growth, IndiGrid will maintain a balanced capital structure with a debt-to-assets cap of 70%, targeting significant […]
Rajasthan’s Green Energy Ambition: Aiming for 125 GW of Renewables by 2030 – EQ
In Short : Rajasthan is leading India’s clean energy shift with a target of 125 GW renewable capacity by 2030, including 65 GW solar. Backed by strong policies, solar parks, and global investments from Tata and Adani, the state is harnessing its vast desert potential. Balancing growth with conservation, Rajasthan is a key player in […]