In Short : Gensol Engineering reported a 42% YoY revenue growth, reaching ₹10.56 billion in FY2025’s first nine months. The company also saw a 34% rise in profit and a 89% increase in EBITDA. Gensol secured major EPC contracts, including a ₹10.62 billion project for 275 MW solar in Gujarat. The company’s solar EPC order […]
India is driving global growth: PM Modi on India Energy Week – EQ
In Short : Speaking at India Energy Week 2025, Prime Minister Narendra Modi highlighted India’s pivotal role in driving global economic growth. He emphasized the country’s rapid energy transition, expanding renewable capacity, and commitment to sustainability. PM Modi underscored India’s investment-friendly policies, energy security initiatives, and innovation in clean energy, reinforcing the nation’s position as […]
Synergy Steel applauds India’s 113% clean energy growth, foresees stainless steel boom – EQ
In Short : Synergy Steel has praised India’s 113% growth in clean energy, highlighting the positive impact on the stainless steel industry. The company anticipates a surge in demand for stainless steel, driven by the increasing use of renewable energy infrastructure, including solar and wind projects. As India accelerates its green transition, Synergy Steel envisions […]
IEX reports 16% YoY growth in Jan electricity trade, REC market hits record high – EQ
In Short : Indian Energy Exchange (IEX) reported a 16% year-on-year growth in electricity trade for January, reflecting increased demand for power. Additionally, the Renewable Energy Certificate (REC) market reached a record high, driven by rising compliance and sustainability commitments. The surge highlights growing reliance on energy trading platforms and the expanding role of renewables […]
IH2A Seeks USD 2.5 Billion for Green Hydrogen Mission – EQ
In Short : The India Hydrogen Alliance (IH2A) is seeking $2.5 billion in funding to advance its Green Hydrogen Mission. The investment will support the development of large-scale green hydrogen projects, infrastructure, and innovation to accelerate India’s transition to clean energy. This initiative aligns with the nation’s goal of achieving carbon neutrality and promoting sustainable […]
NIT Rourkela develops cathode technology to drive EV and renewable energy growth – EQ
In Short : NIT Rourkela has developed advanced cathode technology aimed at boosting the growth of electric vehicles (EVs) and renewable energy sectors. This innovative technology enhances battery performance, increasing energy efficiency and storage capacity. The breakthrough is expected to play a crucial role in accelerating the adoption of EVs and supporting renewable energy initiatives, […]
India’s RE capacity registers 14.2% Year-on-Year Growth – EQ
In Short : India’s renewable energy (RE) capacity achieved a robust 14.2% year-on-year growth, driven by advancements in solar, wind, and other sustainable energy sectors. This growth underscores India’s commitment to transitioning to green energy, bolstering its climate action goals, and enhancing energy security. The expansion aligns with global efforts to combat climate change and […]
US Policy Changes Likely to Impact Asia and Pacific’s Growth – EQ
In Short : US policy changes in trade, investment, energy, and security significantly impact Asia-Pacific growth. Shifts in tariffs, climate strategies, and technology restrictions affect trade and innovation. Military policies influence regional stability, while changes in migration rules impact labor markets and remittances. These adjustments create challenges and opportunities, shaping the economic and geopolitical dynamics […]
Main facts about US renewable energy growth in first three-quarters – EQ
In Short : In the first three quarters of 2024, U.S. renewable energy saw strong growth. Solar generation rose 30.1%, while total renewable output (excluding hydro) increased by 12.2%. Wind energy also grew by 6.6%. Solar accounted for 59% of new capacity additions, with Texas and California leading. This reflects a significant shift toward cleaner […]
91% of Indian Businesses Boost Sustainability Investments, Focusing on a Just Transition and Inclusive Growth – EQ
In Short : A recent survey reveals that 91% of Indian businesses have increased sustainability investments, emphasizing a just transition alongside growth. Companies are integrating environmental, social, and governance (ESG) factors into their strategies, prioritizing inclusive practices and community support. This shift towards renewable energy, waste reduction, and sustainable sourcing aligns with India’s climate goals […]