In Short : Global renewable energy capacity grew by 9.6% in 2022, adding 295 GW to reach 3,372 GW, according to IRENA. Solar led with 192 GW added, followed by 75 GW in wind. However, to meet climate goals, capacity must exceed 11,000 GW by 2030—requiring annual additions of around 1,000 GW to align with […]
ADB Sells $2 Billion 10-Year Global Benchmark Bond – EQ
In Short : ABB has issued a $2 billion 10-year global benchmark bond, attracting strong investor interest. The proceeds will support general corporate purposes, including refinancing debt and funding growth initiatives. The bond reflects confidence in ABB’s creditworthiness and market position. Details on the interest rate remain undisclosed, but favorable terms were secured due to […]
India Sets Sights on Global Renewable Energy Leadership: Aims to Dominate Production and Export – EQ
In Short : India aims to become a global leader in renewable energy production and export, stated NHPC’s CMD, Shri R.K. Singh. Leveraging its vast solar, wind, and hydropower potential, India is scaling up clean energy projects to meet domestic demand and supply green energy globally. This vision aligns with India’s commitment to sustainability and […]
Global Offshore Wind Prospects to Rebound in 2025 – EQ
In Short : The global offshore wind industry is set to rebound in 2025, overcoming recent challenges like supply chain issues and rising costs. Driven by technological advancements, supportive policies, and corporate demand for clean energy, countries like the UK, Germany, China, and the US are leading the charge. This resurgence highlights offshore wind’s pivotal […]
What Trump’s exit bodes for global green transition efforts – EQ
In Short : Donald Trump’s exit could accelerate global green transition efforts by reducing policy uncertainty and fostering stronger climate commitments. With the U.S. likely to reinforce renewable energy and emissions targets, international collaboration may gain momentum. Emerging economies and clean energy sectors stand to benefit, while fossil fuel industries could face stricter regulations and […]
India to Lead Global Decarbonisation Efforts with Pilot Technologies, Says GEAPP CEO Woochong Um – EQ
In Short : India is set to become a global testbed for the implementation of decarbonisation technologies, according to Mr. Woochong Um, CEO of the Global Energy Alliance for People and Planet (GEAPP). This initiative aims to accelerate the adoption of clean energy solutions in India, paving the way for broader global efforts to reduce […]
India Enters 2025 as a Global Green Energy Leader – EQ
In Short : India has emerged as a global renewable energy leader, entering 2025 with a record 214 GW green energy capacity, announced Union Minister Pralhad Joshi. This milestone reflects India’s commitment to sustainability, driven by solar, wind, and green hydrogen initiatives. With ambitious targets and global collaborations, India strengthens its position as a beacon […]
LONGi – IUCN collaboration to support solar energy sector to contribute to biodiversity goals – EQ
In Short : LONGi has partnered with the International Union for Conservation of Nature (IUCN) to align solar energy projects with biodiversity goals. The collaboration emphasizes eco-friendly solar solutions, biodiversity assessments, and innovation to protect habitats. This initiative aims to balance renewable energy growth with environmental conservation, advancing sustainability while supporting global biodiversity preservation efforts. […]
Parliament Question:- Global temperature rise – EQ
In Short : The global temperature rise is a critical issue driven primarily by increased greenhouse gas emissions, deforestation, and industrial activities. Since pre-industrial times, the Earth’s average temperature has risen by about 1.1°C to 1.2°C, with projections suggesting it could exceed 1.5°C within decades if emissions continue unabated. Key contributors include carbon dioxide from […]
M&A deal value in India drops 27 pc in 2023: Report – EQ
M&A deal value in India drops 27 pc in 2023: Report In Short- The M&A deal value in India witnesses a 27% decline in 2023, reflecting shifts in the business landscape. This downturn highlights the dynamic nature of the market and prompts a reassessment of investment strategies in the country. In Detail- Amidst significant global […]