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 […]
India’s solar PV module manufacturing capacity to reach 125 GW by 2030 Pralhad Joshi – EQ
In Short : Union Minister Pralhad Joshi announced that India’s solar PV module manufacturing capacity will reach 125 GW by 2030, up from 80 GW. Solar cell capacity will also grow from 25 GW to 40 GW. Government initiatives like the PLI scheme and ALMM support domestic production, strengthening India’s position as a global renewable […]
Li-ion battery market to attract Rs 75,000 crore investment by 2030: ICRA – EQ
In Short : According to ICRA, India’s Li-ion battery market is expected to attract investments worth ₹75,000 crore by 2030. Driven by rising demand for electric vehicles (EVs), energy storage, and renewable integration, the market is set for rapid growth. This investment surge will boost domestic manufacturing, reduce import dependence, and support India’s clean energy […]
TKIL Industries Charts Ambitious Green Hydrogen Growth Plan, Targets ₹1,000 Crore Revenue by 2030 – EQ
In Short : TKIL Industries aims to achieve ₹1,000 crore in green hydrogen revenue by 2030, according to CFO Ketan Pendse. The company plans significant investments in green hydrogen production, tapping into the growing demand for clean energy. With a focus on sustainability and innovation, TKIL is positioning itself as a key player in India’s […]
India’s Electric Vehicle Revolution: Driving Towards a Greener Future by 2030 – EQ
In Short : India’s electric vehicle (EV) sector is set for rapid growth by 2030, driven by government initiatives, technological advancements, and rising environmental concerns. Policies like FAME II and production-linked incentives are boosting adoption. With improved battery technology and growing investments in infrastructure, EVs are expected to dominate two-wheeler, three-wheeler, and public transport segments, […]
India Urged to Scale Non-Fossil Energy to 600 GW by 2030 to Ensure Sustainable Power Future: Report – EQ
In Short : A report highlights that India must rapidly scale up its non-fossil fuel energy capacity to 600 GW by 2030 to meet growing power demand and avoid potential energy shortages. Accelerating renewable energy adoption, including solar, wind, and hydropower, is crucial to ensure energy security, reduce reliance on fossil fuels, and achieve climate […]
India must aim for 600 GW of clean energy by 2030, address current grid & ground-level challenges: CEEW – EQ
If power demand grows as per CEA projections, current and planned clean energy capacities will be sufficient If power demand grows faster, a high RE pathway will be most cost-effective, despite flexibility needs Investing in energy storage, transmission and Centre-state coordination is critical to ensure a reliable power supply New Delhi – India needs to […]