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 […]
GHCL Charts a Greener Path with Bold Emissions Cut Target for 2030 – EQ
In Short : GHCL Limited has pledged to reduce its Scope 1 and 2 greenhouse gas emissions by 30% by 2030, aligning with global climate action goals. The move highlights GHCL’s commitment to sustainability through energy efficiency and cleaner operations. This initiative places GHCL among leading companies taking significant steps toward mitigating climate change and […]
India’s Aluminium Sector to Invest ₹42,500 Crore in Renewable Energy, Adding 20 GW by 2030 – EQ
In Short : India’s aluminium sector plans to add 20 GW of renewable energy capacity by 2030, with an investment of ₹42,500 crore. This shift aims to reduce carbon emissions by integrating solar and wind power into aluminium production. Companies like Hindalco and Vedanta are leading the way, committing to renewable energy, while India targets […]
BC Jindal Group enters RE component space, to invest ₹15K cr by 2030 – EQ
In Short : BC Jindal Group will invest ₹15,000 crore by 2030 to enter the renewable energy component space. Through its arm JIRE, it will set up solar PV manufacturing units in Maharashtra and Gujarat and develop 5 GW of renewable power. Around 40% of production will support its own projects, with the rest targeting […]
India Gears Up for 28 Million EVs by 2030 with Renewables and Storage in Focus – EQ
In Short : India is set to have over 28 million electric vehicles on the road by 2030, driven by rising demand, government incentives, and better infrastructure. Two-wheelers will dominate EV sales, followed by four-wheelers and commercial vehicles. To support this growth, India’s power capacity must nearly double, with a strong push for renewable energy […]
Biggest challenge for net-zero norms is energy storage systems: Report – EQ
In Short : A report highlights energy storage as the biggest challenge to achieving net-zero emissions. Battery Energy Storage Systems (BESS) must expand 35-fold by 2030 to support renewable energy. High costs and infrastructure needs hinder adoption. Long-Duration Energy Storage (LDES) offers a solution, but policy support and investment are crucial to ensuring grid stability […]
India’s EV Revolution: Lithium-Ion Battery Manufacturing Set to Soar Beyond 150 GWh by 2030 – EQ
In Short : India’s electric vehicle (EV) industry is set to witness over 150 GWh of lithium-ion (Li-ion) battery cell manufacturing capacity by 2030 , according to ICRA . This surge is driven by rising EV adoption, government incentives, and localization efforts. Investments in gigafactories and advanced battery technology are expected to strengthen India’s energy […]