In Short : India’s battery energy storage system (BESS) market is set to reach 66 GW by 2032, backed by a ₹5 lakh crore investment. Government policies, including tax waivers and incentives, support this growth. With states like Rajasthan and Andhra Pradesh leading, BESS expansion will stabilize grids, cut CO₂ emissions, and boost India’s clean […]
Grew Solar Invests Rs 2,800 Crore to Boost India’s Solar Manufacturing Capabilities – EQ
In Short : Grew Solar has announced plans to invest Rs 2,800 crore in a capital outlay aimed at establishing a manufacturing facility for solar modules and cells. This strategic move will strengthen India’s solar manufacturing capacity and reduce dependency on imports. The initiative aligns with the country’s push for self-reliance in renewable energy production […]
Odisha Govt Drafts Policy To Boost Renewable Energy – EQ
In Short : The Odisha government has drafted a new policy to accelerate the growth of renewable energy in the state. The policy aims to promote solar, wind, and other clean energy sources, attracting investment and fostering sustainable development. By creating a favorable regulatory environment, Odisha seeks to enhance its renewable energy capacity and contribute […]
VoltUp secures $18M to boost battery swapping and MaaS growth in India – EQ
In Short : VoltUp has secured $18 million in funding to expand its battery swapping infrastructure and Mobility-as-a-Service (MaaS) solutions in India. The investment will accelerate network expansion, enhance EV adoption, and support sustainable urban mobility. With this boost, VoltUp aims to strengthen its role in India’s clean energy transition and EV ecosystem development. In […]
PowerGrid Enhances Solar Transmission Infrastructure to Boost Rajasthan’s Renewable Energy Capacity – EQ
In Short : PowerGrid has enhanced solar power transmission infrastructure in Rajasthan to support the state’s growing renewable energy capacity. The upgrades aim to improve grid stability and facilitate seamless integration of solar energy into the national network. This initiative aligns with India’s clean energy goals, ensuring efficient power evacuation from solar-rich regions to demand […]
Green Economy to Boost Odisha’s GDP by 23% by 2030: Study – EQ
In Short : A recent study projects that Odisha’s green economy will boost the state’s GDP by 23% by 2030. The transition to renewable energy, green industries, and sustainable practices is expected to drive significant economic growth, create jobs, and enhance environmental sustainability. This highlights Odisha’s commitment to becoming a key player in India’s green […]
Waaree Energies Secures 180 MWp Solar Module Supply Order to Boost Renewable Energy Projects – EQ
In Short : Waaree Energies has secured an order to supply 180 MWp of solar modules for a major renewable energy project. This significant deal reinforces the company’s position in the solar energy market and supports the ongoing transition to clean energy. The supply of these modules will contribute to the generation of sustainable power, […]
Rajasthan to Receive 5 GW Boost Under PM-KUSUM Scheme for Solar Power and Agricultural Development – EQ
In Short : The central government has allocated an additional 5 GW of solar capacity to Rajasthan under the PM-KUSUM scheme. This expansion will enhance renewable energy infrastructure, promoting solar power adoption in agriculture and rural areas. The initiative aims to support farmers with solar pumps and reduce reliance on conventional energy, contributing to India’s […]
91% of Indian Businesses Boost Sustainability Investments, Focusing on a Just Transition and Inclusive Growth – EQ
In Short : A recent survey reveals that 91% of Indian businesses have increased sustainability investments, emphasizing a just transition alongside growth. Companies are integrating environmental, social, and governance (ESG) factors into their strategies, prioritizing inclusive practices and community support. This shift towards renewable energy, waste reduction, and sustainable sourcing aligns with India’s climate goals […]
Multilateral Development Banks to Boost Climate Finance – EQ
In Short : Multilateral Development Banks (MDBs) are crucial for boosting climate finance, particularly in developing countries. By leveraging resources, mitigating risks, and providing technical support, MDBs help mobilize large-scale investments for climate adaptation and mitigation projects. Their efforts align with global goals like the Paris Agreement, though challenges remain, including funding gaps and the […]
