In Short : IndiGrid is set to acquire transmission and solar assets from ReNew for ₹21 billion, expanding its clean energy portfolio. The acquisition will be financed through ₹4,200 crore raised via AAA-rated non-convertible debentures. This move aligns with IndiGrid’s strategy to grow its asset base, refinance existing debt, and invest in under-construction and augmentation […]
VECV Signs Partnership Deal with Statiq to Expand EV Charging Access – EQ
In Short : VE Commercial Vehicles (VECV) has partnered with Statiq to boost EV charging access for its Eicher Pro X range. The deal enables Eicher users to access over 8,000 charging stations via the MyEicher app. Statiq will provide AC/DC chargers and support services, while the partnership aims to develop turnkey projects and expand […]
VFlowTech raises $20.5 mn to expand battery solution operations in India – EQ
In Short : Singapore-based VFlowTech raised \$20.5 million to expand its battery solution operations in India. The funding will upgrade its 100 MWh manufacturing facility into a Gigafactory and enhance AI-driven energy management. VFlowTech’s Vanadium Redox Flow Batteries support India’s renewable energy goals, offering long-duration storage with a 25+ year lifespan and boosting local supply […]
Borosil Renewables to Expand Solar Glass Production with ₹900 Crore Investment, Aiming for 10 GW Capacity by 2026 – EQ
In Short : Borosil Renewables announced a ₹900 crore investment to expand its solar glass manufacturing capacity to 10 GW by 2026. The move aims to support India’s growing solar energy sector, reduce import dependence, and strengthen domestic production capabilities. The expansion will help meet rising demand for solar glass in renewable energy projects nationwide. […]
Vikram Solar to expand into fully-integrated solid-state cell and battery manufacturing – EQ
In Short : Vikram Solar is expanding into fully-integrated solid-state cell and battery manufacturing, marking its entry into advanced energy storage. This move supports India’s renewable energy goals, including 500 GW by 2030, and aligns with global trends toward safer, high-performance batteries. By producing end-to-end solutions, Vikram Solar aims to enhance energy storage efficiency and […]
Madhya Pradesh to Expand Green Energy Capacity to 15,000 MW by 2026 – EQ
In Short : Madhya Pradesh plans to double its green energy capacity to 15,000 MW by 2026, with major solar and wind projects underway. The state targets 50% solar power by 2030, backed by NTPC’s ₹2 trillion investment. Initiatives like Morena Solar Park and solar pump distribution for farmers reinforce MP’s commitment to renewable energy […]
Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand – EQ
In Short : Global electricity demand is expected to grow by 4% annually through 2027, driven by data centers, electric vehicles, and manufacturing. China and India will be major contributors to this surge. Renewable energy is set to meet most of the demand, potentially stabilizing carbon emissions from power generation, according to the International Energy […]
Juniper Green Energy Raises $1 Billion in Debt Financing to expand its Clean Energy Portfolio – EQ
Gurgaon – Juniper Green Energy, the renewable energy developer, has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This strategic funding will support the growth and development […]
Jindal India Renewable Energy scouts for acquisition to expand portfolio to 5 GW – EQ
Davos 2025: ReNew to expand renewable energy capacity to 25GW by 2027, says CEO Sumant Sinha – EQ
In Short : At Davos 2025, ReNew CEO Sumant Sinha announced plans to expand the company’s renewable energy capacity to 25GW by 2027. The initiative aligns with India’s push for clean energy and sustainability. ReNew aims to achieve this target through investments in solar, wind, and hybrid projects, strengthening its position as a leader in […]