Wuxi, China — Sineng Electric, a global leading PV+ESS solution provider, has once again secured the No. 4 position worldwide in PV inverter shipments for 2024, according to the latest report from S&P Global Commodity Insights — the leading authority in credit ratings, benchmarks, analytics, and workflow solutions. This achievement marks the twelfth consecutive year […]
Global Climate Goals in Jeopardy as Time Runs Out for 1.5°C Limit – EQ
In Short : The world is veering off course to limit global warming to 1.5°C, warns the EU Ambassador. Scientists say the carbon budget could be exhausted within 2–3 years, risking severe climate impacts. Delayed action heightens the threat of extreme weather and irreversible damage. Urgent global emissions cuts are essential to avoid surpassing critical […]
Global Think Tanks Unite to Accelerate Net-Zero Energy Transition through New Alliance – EQ
In Short : Global think tanks have launched the Net Zero Energy Transition Alliance (NETRA) to accelerate the shift to net-zero emissions. NETRA focuses on policy advocacy, research collaborations, market development, and capacity building to scale zero-carbon technologies in energy, transport, and industry. The initiative aims to overcome market and policy barriers, supporting a global, […]
Global renewables capacity additions increased by 10% last year: IRENA – EQ
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 […]