In Short : ACME Hybrid Urja Pvt Ltd has secured ₹3,184 crore funding from Rural Electrification Corporation (REC) to boost its renewable energy portfolio. The investment will support solar, wind, and hybrid power projects, enhancing clean energy infrastructure. This funding marks a significant step in ACME’s mission to advance India’s energy transition and meet its […]
Ultraviolette Secures $21 Million from TDK Ventures to Accelerate Global EV Expansion – EQ
In Short : Ultraviolette Automotive has secured $21 million in funding, led by TDK Ventures, to accelerate its electric mobility growth. The funds will be used for product development, manufacturing expansion, and entry into global markets. The company aims to strengthen its position in high-performance electric motorcycles, advancing clean transportation and sustainable mobility solutions worldwide. […]
Statcon Energiaa to Accelerate Clean Energy Expansion with Investment from Rotomag Enertec – EQ
In a move to accelerate its clean energy mission and global growth, Statcon Energiaa Private Limited (“Statcon Energiaa”) has secured an investment from Rotomag Enertec Limited, which now holds a majority stake in Statcon Energiaa. This investment marks a significant milestone in Statcon Energiaa’s journey, enabling them to scale their indigenously developed solutions. Statcon Energiaa […]
India Extends PM E-DRIVE Scheme to 2028 to Accelerate Electric Mobility Transition – EQ
In Short : The Ministry of Heavy Industries has extended the PM E-DRIVE scheme until 2028 to boost India’s electric mobility push. The program supports manufacturing and adoption of electric vehicles through incentives and infrastructure development. The extension aims to accelerate EV penetration, reduce carbon emissions, and strengthen India’s position in the global clean transportation […]
Gujarat and NTPC Join Forces to Accelerate Green Energy Push with Focus on Hydrogen and Storage – EQ
In Short : The Gujarat government and NTPC are exploring strategic collaboration in green and renewable energy sectors, including green hydrogen, solar, wind, and pumped hydro storage projects. The initiative aims to accelerate Gujarat’s clean energy transition and support India’s broader sustainability goals. Discussions focus on leveraging NTPC’s technical expertise and Gujarat’s policy support to […]
Power Ministry Revamps VGF Policy to Accelerate Battery Energy Storage Deployment – EQ
In Short : The Ministry of Power has revised the Viability Gap Funding (VGF) guidelines for Battery Energy Storage System (BESS) projects to attract greater private investment and improve implementation. The amendments aim to enhance financial viability, promote faster deployment, and support renewable energy integration. This move aligns with India’s efforts to strengthen grid stability […]
India Revamps Hydrogen Valley and Hub Strategy to Accelerate Green Hydrogen Ecosystem – EQ
In Short : India has released revised guidelines for Hydrogen Valley Innovation Clusters (HVICs) and Green Hydrogen Hubs under the National Green Hydrogen Mission. The new framework aims to promote regional hydrogen ecosystems, support end-to-end value chains, and encourage exports. It prioritizes innovation, industrial applications, and infrastructure development to accelerate adoption and position India as […]
Cabinet Greenlights ₹7,000 Crore Push by NLCIL to Accelerate Renewable Energy Growth via NIRL – EQ
In Short : The Union Cabinet has cleared NLC India Ltd.’s ₹7,000 crore investment plan to expand renewable energy through its subsidiary, NLCIL Renewables Ltd. (NIRL). This strategic move aims to enhance green energy capacity, reinforcing India’s push toward sustainability and clean power. The initiative aligns with national climate goals and strengthens the country’s renewable […]
Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal launches ADEETIE Scheme to Accelerate Industrial Energy Efficiency in India – EQ
National Roll-Out of ADEETIE: A ₹1000 Crore Scheme to Support MSMEs in Adopting Energy Efficient Technologies The Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme is officially launched today by Hon’ble Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal at a national roll-out event held at Arya […]
Adani Commits $100 Billion to Accelerate Global Clean Energy Expansion – EQ
In Short : Adani Group plans to invest $100 billion over the next five years in its clean energy businesses. This will expand renewable capacity, accelerate green hydrogen and electrolyser manufacturing, and deploy solar, wind, and battery storage projects. The funding supports low-carbon power generation, domestic equipment production, energy storage, and strategic partnerships, aligning with […]