The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. These RFNBOs will be imported and sold in the EU, contributing to the objectives of the EU Hydrogen Strategy, the European Green Deal, […]
Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr – EQ
In Short : The Odisha government has approved seven renewable energy projects worth ₹1,386 crore, aiming to boost the state’s green energy capacity. These projects focus on solar, wind, and hybrid power generation, contributing to sustainable development and energy security. Expected to create jobs and reduce carbon emissions, this move aligns with India’s renewable energy […]
ADB Approves Financing Facility for Sri Lanka’s Energy Sector Sustainability – EQ
In Short : The Asian Development Bank approved a $200 million loan to modernize Sri Lanka’s power sector, focusing on renewable energy integration, infrastructure upgrades, and digitalization. The project includes grid-scale battery storage, expanded transmission networks, and automation systems. It also supports gender-inclusive initiatives and aims to boost renewable energy’s share to 70% by 2030. […]