In Short : K2 Infragen Ltd. has marked its solar segment debut by securing a 68 MW renewable energy project in Gujarat. The contract, awarded by a leading power utility, covers engineering, procurement, and construction (EPC) of the solar plant. This move aligns with India’s renewable energy push and expands K2 Infragen’s footprint in the […]
IFC, Axis Bank partner on $500 million blue finance loan to boost India’s green projects – EQ
In Short : The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million blue finance loan aimed at boosting green projects in India. This initiative focuses on financing sustainable water and climate-related projects, promoting environmental conservation and resilience. The partnership underscores a commitment to advancing India’s green finance sector and […]
Rs 32.45 lakh crore pledged for green projects – EQ
In Short : At the RE-INVEST 2024 event, a commitment of ₹32.45 lakh crore (approximately $386 billion) was pledged by banks and financial institutions to support India’s green energy projects. This funding will help the nation reach its renewable energy target of 500 GW by 2030. The commitments also include expansions in manufacturing capacities for […]
Iveda Wins Taiwan Power Co.’s 30-Year Green Project with Chunghwa Telecom
Today announced its selection by the Taiwan Power Co. (TPC) for a renewable energy initiative. The 30-year project has already yielded an initial order, booking new revenue for Iveda. According to GlobalData, Taiwan is expected to ramp up its solar deployment, which presents exponential revenue potential for Iveda. Iveda is the worldwide provider of IvedaAI™ […]
