In Short : Industry leaders are urging the government to promote end-to-end solar manufacturing in India, covering everything from polysilicon to modules. Currently, the country relies heavily on imports for critical components. Strengthening the domestic supply chain will reduce dependence on foreign markets, create jobs, and support India’s goal of becoming a global hub for […]
Power and transport sectors are key areas for action in Lithuania’s pursuit of energy independence – EQ
In Short : Lithuania is prioritizing reforms in the power and transport sectors to strengthen its energy independence. By scaling up renewable energy, modernizing infrastructure, and accelerating electric mobility, the country aims to reduce reliance on energy imports. These efforts support both national security and climate goals, positioning Lithuania as a resilient and forward-looking player […]
Solar Energy Offers Lucrative Returns and Energy Independence for Commercial and Industrial Sectors – EQ
In Short : Commercial and industrial businesses can achieve a 20–25% return on investment by switching to solar energy. With rising power costs and improved solar economics, installations offer quick payback in 3–5 years. Benefits include reduced energy bills, government incentives, and enhanced ESG performance. As storage costs decline, solar-plus-storage solutions will further boost savings […]
Cuba’s Solar Revolution: A Bold Step Toward Energy Independence – EQ
In Short : Cuba has launched the first of 92 planned solar parks to tackle its energy crisis. Supported by China, the project aims to add 1,200 MW of solar power and boost renewables to 24% by 2030. With frequent blackouts due to aging infrastructure, Cuba is prioritizing solar energy to enhance energy security and […]
Indian Oil Corporation to invest Rs 25,000 cr in green energy
Rising environmental concerns are increasingly swaying government energy policies across the globe, prompting energy companies to invest in greener options. New Delhi: Indian Oil CorporationNSE -0.95 % (IOC), the nation’s largest refiner and fossil fuel retailer, plans to invest Rs 25,000 crore in green energy projects, including solar and wind power plants, bio-fuels plants, and […]
Government blacklists Chinese solar gear company after failing to honour contract
This is the first time that the ministry is considering such a step (blacklisting a company) against a foreign solar equipment supplier. BENGALURU: India plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. […]