In Short : REC has formed a new subsidiary to implement an intra-state transmission project in Maharashtra, strengthening power infrastructure development in the state. The move aims to enhance grid capacity, improve electricity reliability, and support growing demand from renewable energy integration. The project aligns with broader efforts to modernise transmission networks and ensure efficient […]
India Establishes National Authority to Steer Carbon Market Governance and Drive Climate Action – EQ
In Short : India has set up a National Designated Authority for carbon market governance to oversee its compliance and voluntary markets. The body will regulate carbon credit issuance, ensure transparency, and align projects with climate goals under the Paris Agreement. This move strengthens India’s carbon market framework, supporting emissions reduction, clean energy investments, and […]
ADB Establishes Resident Mission in Solomon Islands – EQ
In Short : The Asian Development Bank has established a resident mission in the Solomon Islands to strengthen project delivery and support development efforts. Upgrading its Honiara office, ADB aims to improve coordination and decision-making. Its current portfolio includes 16 projects worth $414 million, with 13 more projects valued at $213 million planned from 2025 […]
Sineng Electric Establishes a Benchmark in Microgrid Energy Storage with Advanced Grid-Forming Solutions – EQ
Xinjiang, China – Sineng Electric has announced the successful commissioning of a groundbreaking 50MW/200MWh microgrid battery energy storage system (BESS). This source-grid-load-storage integrated project imposes stringent requirementsfor grid-forming energy storage solutions and represents a significant milestone in advancing efficient and resilient energy systems. As part of the 6.1GW renewable energy base in Xinjiang, the microgrid […]