In Short : India’s clean energy transition is transforming rural livelihoods as farmers increasingly benefit from solar and renewable initiatives. Programs like PM-KUSUM enable farmers to install solar pumps and sell surplus power to the grid, creating steady income. Agrivoltaic projects combining farming and solar panels are enhancing land productivity, empowering rural communities, and supporting […]
Power Minister Manohar Lal Highlights Critical Role of Climate Finance in India’s Clean Energy Transition – EQ
In Short : Power Minister Manohar Lal highlighted the importance of climate finance in accelerating India’s clean energy transition. He stressed the need for increased investments in renewable energy, energy efficiency, and low-carbon technologies to achieve national sustainability goals. Strengthening climate finance mechanisms is crucial for enabling large-scale decarbonization, fostering green growth, and supporting India’s […]
ADB Launches New Country Partnership Strategy for Indonesia to Accelerate Inclusive, Resilient, and Sustainable Growth – EQ
In Short : The Asian Development Bank (ADB) unveiled a new Country Partnership Strategy for Indonesia to boost inclusive, resilient, and sustainable growth. The strategy emphasizes green transition, digital transformation, and stronger social protection. By investing in infrastructure, renewable energy, and human capital, ADB aims to support Indonesia’s long-term vision of sustainable development and economic […]
Government of India Notifies National Policy on Geothermal Energy (2025) to Accelerate Clean Energy Transition, Supporting India’s Net Zero 2070 Commitment – EQ
In Short : The Government of India has introduced the National Policy on Geothermal Energy (2025) to tap into nearly 10 GW of geothermal potential. The policy promotes electricity generation and direct uses like heating, cooling, agriculture, and desalination. It emphasizes research, innovation, international collaboration, fiscal incentives, and repurposing oil wells, aligning with India’s clean […]
GST on Renewable Energy Devices Rationalised to 5% to Accelerate India’s Clean Energy Transition – EQ
In Short : The GST Council has rationalised the tax rate on renewable energy devices to 5%, aiming to accelerate India’s clean energy transition. This move will reduce project costs, make solar and wind technologies more affordable, and encourage greater adoption. By lowering financial barriers, the reform supports India’s renewable targets and strengthens its path […]
MNRE Eyes Tax Incentives to Boost Green Bond Investments for India’s Clean Energy Transition – EQ
In Short : The Ministry of New and Renewable Energy (MNRE) is considering proposing tax incentives for investors in green bonds. The move aims to attract more private capital into renewable energy and climate-focused projects, enhancing funding for India’s clean energy transition. By offering fiscal benefits, MNRE seeks to make green bonds a more attractive […]
GE Vernova Divests $600M Industrial Software Unit to TPG, Sharpening Focus on Clean Energy Transition – EQ
In Short : GE Vernova has agreed to sell its industrial software unit to global investment firm TPG for $600 million. The deal is aimed at sharpening GE Vernova’s focus on its core energy transition and power businesses. TPG plans to expand the software unit’s capabilities, supporting industrial digitalization and efficiency while driving growth opportunities […]
APGENCO Achieves 37.4% Growth in Renewable Energy, Advancing India’s Clean Energy Transition – EQ
In Short : APGENCO has recorded a 37.4% rise in renewable energy generation this fiscal year, driven by expansions in solar, wind, and other clean energy sources. This growth underscores the company’s commitment to India’s energy transition, enhancing sustainability, reducing dependence on fossil fuels, and strengthening the overall power generation mix. The surge positions APGENCO […]
KP Group, AHES and GH2 Solar Unite to Launch India’s Landmark Green Ammonia Project – EQ
In Short : KP Group, in partnership with AHES and GH2 Solar, will set up a green ammonia plant in India to accelerate the clean energy transition. Powered by renewable energy, the project will produce sustainable ammonia, reducing carbon emissions in industrial and agricultural sectors. This initiative reflects India’s push towards green hydrogen and ammonia […]
GST Cut: Gautam Solar – EQ
By Gautam Mohanka, Director, Gautam Solar The decision by the GST Council to reduce the GST rate on solar components from 12% to 5% marks a pivotal step in accelerating India’s clean-energy transition. This significant reform greatly increases the accessibility of solar installations for households, businesses, and farmers across the country. At a time when […]