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 […]
India’s battery storage boom: 12-fold growth expected by FY32 with 60 GW capacity – EQ
In Short : India’s battery storage market is set to experience a 12-fold growth by FY32, reaching a capacity of 60 GW. This expansion is driven by the country’s growing renewable energy capacity and the need for efficient energy storage solutions to stabilize the grid. The boom in battery storage is crucial for enhancing energy […]
IEA Renewables 2024 – Massive global growth of renewables to 2030 – EQ
In Short : The IEA’s Renewables 2024 report highlights significant global growth in renewable energy, projecting a substantial increase by 2030. Factors driving this expansion include declining costs, technological advancements, and supportive government policies. As countries prioritize sustainability and energy security, renewables are expected to play a pivotal role in meeting global energy demands, contributing […]
Ayana Commission’s 250 MW Solar PV Project at Ananthpuram Ultra Mega Solar Park
Ayana Commission’s 250 MW Solar PV Project at Ananthapuram Ultra Mega Solar Park Ayana Renewable declares the commissioning of it’s first Greenfield 250 MW Solar PV Project at Ananthapuram, Andhra Pradesh and full commercial operations has been declared in Mar’21. They faced a lot of challenges due to COVID-19 but the their team’s hard work […]
Africa Boarding On Adopts Green Pathways for Economic Growth
Globally, people have well understood that climatic conditions differ from day to day, season to season. Metrological evidences suggest that natural climate variability has been changing from time to time. Over and above the natural climatic variations observed on decades and century have been affecting not only peoples’ livelihoods but also the environment as well. […]
Photon Energy Reports 17.6% Revenue Growth and Positive Results in 2019Q2
Revenues increased by 17.6% to EUR 7.941 million and EBITDA growth by 3.8% to EUR 3.515 million New Projects of 16.3 MWp Acquired; 50 MWp Target in Hungary Increased to 75 MWp by 2021 15.8 MWp of PV power plants under construction in Hungary and Australia Amsterdam : Photon Energy N.V. (WSE: PEN, the ‘Company’) […]
PPAs for renewables: Andhra Pradesh move to hit sector’s growth, RK Singh tells Amit Shah
The copy of the letter, reviewed by FE, warned that “if this is not corrected, the FDI will stop coming, the banks will stop financing, and the growth in the renewable energy sector will come to a halt”. Stating that the recent decision of the Andhra Pradesh government to revise power purchase agreements (PPAs) signed […]