In Short : The government has instructed renewable energy agencies to consider fresh bids for clean energy projects to comply with General Financial Rules (GFR). The directive aims to ensure transparent and standardized procurement, aligning project implementation with regulatory norms. Agencies are advised to re-evaluate tenders, promoting fairness, efficiency, and accountability in India’s rapidly expanding […]
Maharashtra’s Solar Surge: Mahanirmiti to Roll Out 1.07 GW Clean Energy Projects – EQ
In Short : Renewable energy developer Mahanirmiti has announced plans to install 1,071 MW of solar capacity across multiple locations in Maharashtra. The projects will support the state’s renewable energy targets while creating local employment opportunities. This development comes as Maharashtra accelerates its transition to clean energy, currently ranking among India’s top solar-producing states with […]
CIL to set up $3 bn worth clean energy projects to boost renewable heft – EQ
In Short : Coal India Limited (CIL) plans to invest \$3 billion to develop 4.5 GW of renewable energy projects, including solar and wind, to power AM Green’s green ammonia production. This move aligns with India’s net-zero goal by 2070 and marks CIL’s diversification from coal. The projects will support AM Green’s target of producing […]
India’s Renewable Energy Capacity Achieves Historic Growth in FY 2024-25 – EQ
In Short : India achieved record growth in renewable energy capacity in FY 2024-25, marking a key milestone in its green energy transition. Major contributions came from solar and wind sectors, boosting progress toward the 500 GW non-fossil fuel target by 2030. This growth reinforces India’s global leadership in clean energy and its commitment to […]
NTPC Announces Rs 96,000 Crore Investment in Chhattisgarh for Clean Energy Projects – EQ
In Short : NTPC Ltd. and its subsidiary NTPC Green Energy Ltd. will invest ₹96,000 crore in Chhattisgarh for clean energy projects. This includes a 4,200 MW nuclear plant worth ₹80,000 crore and a ₹5,876 crore pumped hydro storage project. Additionally, NTPC will develop 2 GW of renewable energy projects, strengthening the state’s power infrastructure […]
Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects – EQ
In Short : Welspun New Energy has signed an agreement with the Odisha government to invest ₹13,500 crore in clean energy projects. The initiative aims to boost renewable energy capacity in the state, supporting India’s transition to sustainable power. This partnership is expected to generate jobs, enhance green energy infrastructure, and contribute to Odisha’s economic […]
Biden offers $450M for clean energy projects at coal mines – EQ Mag
WASHINGTON : President Joe Biden’s administration is making $450 million available for solar farms and other clean energy projects at the site of current or former coal mines, part of his efforts to combat climate change. As many as five projects nationwide will be funded through the 2021 infrastructure law, with at least two projects […]
Department of Energy to award $50 million for clean energy projects on tribal lands – EQ Mag
The U.S. Department of Energy on Friday announced $50 million to help promote clean energy use on tribal lands. “This significant investment will strengthen tribal energy sovereignty by bolstering ongoing efforts to lower energy costs, increase energy security and resilience, and provide electric power to unelectrified buildings,” the Department of Energy said in a press […]
EPA outlines $27B ‘green bank’ for clean energy projects – EQ Mag
WASHINGTON : The Biden administration on Tuesday outlined how states and nonprofit groups can apply for $27 billion in funding from a “green bank” that will provide low-cost financing for projects intended to cut planet-warming greenhouse gas emissions. The so-called Greenhouse Gas Reduction Fund, created by Congress in the landmark climate law approved last year, […]
ADB Approves $5 Million Grant to Develop Clean Energy Projects in FSM – EQ Mag
MANILA, PHILPPINES : The Asian Development Bank (ADB) has approved a $5 million grant to help fund the preparation of ADB-supported clean energy projects in the Federated States of Micronesia (FSM). The grant will fund assessments, planning, and capacity building to promote energy efficiency and implement clean energy projects including solar and hydro. ADB is […]