In Short : Hero Future Energies has received ₹1,000 crore in funding from SBI to develop its hybrid renewable energy project. The financing will support combined solar and wind power facilities, boosting clean energy capacity and reliability. The investment reflects strong confidence in Hero Future Energies’ growth and aligns with India’s commitment to expanding sustainable […]
Maharashtra Approves Land Diversion for Mumbai’s First 100 MW Hybrid Renewable Energy Project – EQ
In Short : The Maharashtra government has approved diverting 4.90 hectares of reserved forest for a 100 MW hybrid renewable project at Middle Vaitarna Dam. Combining 20 MW hydro and 80 MW floating solar, it will generate 208 million units annually. Developed via DBFOT, BMC will buy power at ₹4.75/unit for 25 years, marking Mumbai’s […]
Surge in Investor Backing Powers Growth of Hybrid and AI-Driven Energy Storage Solutions – EQ
In Short : Hybrid energy storage firms are attracting strong investor interest. Torus secured $67 million to expand its commercial and utility-scale solutions, while Tyba raised $13.9 million to boost its AI-driven energy optimization platform. Accelergen received $20 million in bridge financing to support its 2.6 GW solar-storage projects. These investments highlight growing confidence in […]
BluPine Energy to Power Rajasthan with 150 MW Solar-Storage Hybrid Under 25-Year SECI Pact – EQ
In Short : BluPine Energy has signed a 25-year PPA with SECI for a 150 MW solar-plus-storage project in Rajasthan’s Bikaner district. The project includes a 1,000 MW/4,000 MWh battery storage system, aiming to deliver reliable, dispatchable green power. Developed under SECI’s 2 GW tender, this initiative supports India’s goal of 500 GW non-fossil capacity […]
India to Convert Old Windmills into Hybrid Wind-Solar Plants – EQ
In Short : India plans to convert old windmills into hybrid wind-solar power plants to boost renewable energy efficiency and grid stability. In Tamil Nadu, 110 outdated turbines will be upgraded under a PPP model, combining 22 MW wind and 18 MW solar capacity. This initiative aligns with the National Wind-Solar Hybrid Policy, promoting optimal […]
Oracle Power in talks for $1.4b financing of hybrid RE plant in Pakistan – EQ
In Short : Oracle Power is in discussions to secure $1.4 billion in financing for a hybrid renewable energy (RE) project in Pakistan. The proposed plant will combine solar and wind energy, aiming to bolster the country’s clean energy capacity. This investment aligns with Pakistan’s efforts to diversify its energy mix and reduce reliance on […]
BrightNight commissions 115 MW hybrid renewable power project in Maharashtra – EQ
In Short : BrightNight has commissioned a 115 MW hybrid renewable power project in Maharashtra, combining solar and wind energy for enhanced efficiency and reliability. This project marks a significant step towards sustainable energy solutions in the region, contributing to India’s renewable energy goals and reducing reliance on conventional power sources. In Detail : BrightNight […]
NTPC HYBRID 1200 MW (HYBRID – 02) – EQ
Mahindra Susten forays into hybrid RE segment with INR 1,200 Crore project – EQ
In Short – Mahindra Susten ventures into the hybrid renewable energy segment with a substantial INR 1,200 crore project. This strategic move underscores Mahindra Susten’s commitment to innovation and sustainability in the energy sector. By integrating multiple renewable sources, Mahindra Susten aims to enhance energy reliability and efficiency, contributing significantly to India’s clean energy transition […]
Share of CNG, EVs and hybrid vehicles likely to reach 30% of total auto sales in 5 years: Icra- EQ Mag
Demand for Electric Vehicles (EVs) has increased exponentially in the last two years with the government’s push, increasing awareness, and new launches, domestic rating agency Icra said in its report. CNG, EVs and hybrid vehicles may grab up to 30 per cent share in total auto sales in next five years even as petrol cars […]
