India and France are re-elected as President and Co-President of the International Solar Alliance (ISA) at the fifth general assembly of the body The International Solar Alliance (ISA) objective is to give electricity access to about 700 million people, who currently do not have electricity access, through renewable energy, Union Power Minister R K Singh […]
Luthra and Luthra Acts On 4th Consecutive Bond Raise By Virescent Renewable Energy Trust – EQMagPro
Luthra and Luthra Law Offices Banking and Finance team recently advised ICICI Bank Limited, Yes Bank Limited, and India Infrastructure Finance Company Limited in connection with the private placement of up to 1,500 NCDs aggregating to INR 150 crores in 2 series by Virescent Renewable Energy Trust. The transaction team comprised Karan Mitroo (Partner) and […]
The clean hydrogen energy economy was a dream. The climate bill could make it a reality this decade – EQ Mag Pro
Hydrogen could help decarbonize some very large sectors of the economy that are otherwise a real challenge, like long haul trucking and making iron and steel. But hydrogen has to be synthesized with zero carbon emissions, otherwise it’s not a clean energy source. A tax credit tucked into the Inflation Reduction Act gives the maximum […]
European Commissioner for Energy to visit India from September 7-8 – EQ Mag Pro
Simson said as the world faces an energy crisis and climate change challenge, India, with its vast renewable resources, has a strategic role to play in the clean energy transition In her first visit to India, European Commissioner for Energy Kadri Simson will be in the country from September 7-8 to explore means to boost […]
The world’s largest solar park will produce 5 GW of energy by 2030 – EQ Mag Pro
It was designed to reduce carbon dioxide emissions by over 6.5 million tons each year. The Dubai Electricity and Water Authority (DEWA) is aiming for five gigawatts (GW) by 2030 in the Mohammed bin Rashid Al Maktoum Solar Park – the largest single-site solar park in the world. Mohammed Bin Rashid Al Maktoum Solar Park […]
India planning carbon credit market for energy, steel, and cement – EQ Mag Pro
The platform is likely to be announced by Prime Minister Narendra Modi at Independence Day celebrations on August 15, according to people with the knowledge of the plan. India is planning to start a carbon trading market for major emitters in the energy, steel and cement industries, as part of its efforts to hasten the […]
Nepal begins selling 177 mw energy to India via power exchange market – EQ Mag Pro
In a major boost for energy cooperation between Kathmandu and New Delhi KATHMANDU: In a major boost for energy cooperation between Kathmandu and New Delhi, Nepal has started selling a total 177.7 megawatts of energy to India from via its power exchange market. “Earlier Nepal had already sold out 37.7 megawatts power to India. After […]
REPowerEU: A plan to rapidly reduce dependence on Russian fossil fuels and fast forward the green transition: European Commission – EQ Mag Pro
The European Commission has today presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused by Russia’s invasion of Ukraine. There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on Russian fossil fuels, which are used as an economic and political weapon and cost European […]
Purdue and Duke Energy to explore potential for clean, nuclear power source for campus – EQ Mag Pro
WEST LAFAYETTE, Ind. : Purdue University and Duke Energy announced today that they plan to jointly explore the feasibility of using advanced nuclear energy to meet the campus community’s long-term energy needs. With interest rising worldwide in new technologies that are reliable and carbon-free, Purdue and Duke Energy intend to study power produced through Small […]
Energy shift creates opening for ‘world’s largest batteries’ – EQ Mag Pro
LUDINGTON, Mich. : Sprawled like a gigantic swimming pool atop a bluff overlooking Lake Michigan is an asphalt-and-clay pond holding enough water to produce electricity for 1.6 million households. It’s part of the Ludington Pumped Storage Plant, which uses simple technology: Water is piped from a lower reservoir — the lake, in this case — […]
