In Short : From 2016 to 2024, Odisha registered around 1.49 lakh electric vehicles, reflecting rising EV adoption. Nationally, India recorded 19.49 lakh EV sales in 2024, a 27% jump from 2023. Two-wheelers led the surge, followed by three-wheelers. Supportive government policies and growing infrastructure have propelled total EV registrations to over 45 lakh across […]
Aerem Bags ₹100 Crore from UTEC, BII & SE Ventures in Series A Round; Set to Propel Solar Energy Landscape in India – EQ
L to R – Anand Jain, Founder, CEO and Vikesh Agarwal, Cofounder, COO ~ Will focus on expansion and enhancing solar financing and marketplace solutions in India ~ Mumbai — Aerem, India’s leading end-to-end solar platform dedicated to simplifying solar adoption for businesses and households, today announced that it has secured ₹100 crore in Series […]
Developing countries’ climate targets at risk without enough finance from developed world India – EQ
In Short : India has cautioned that developing nations may struggle to meet their climate targets without sufficient financial support from developed countries. Highlighting the need for climate justice, India emphasized that equitable access to finance, technology, and capacity building is essential for achieving global climate goals under the Paris Agreement. In Detail : New Delhi […]
India Plans E-Bus Subsidy Revision to Expand Urban Electric Mobility – EQ
In Short : The Indian government may reduce per-unit subsidies for e-buses under the PM E-Drive scheme to support a wider rollout. With cities requesting over 15,000 e-buses, exceeding the 14,028-unit target, subsidy adjustments could ensure broader adoption. This move aims to distribute funds equitably while promoting eco-friendly public transport across more urban centers. In […]
India Achieves Historic Milestone in Renewable Energy Capacity Addition in FY 2024-25 – EQ
In Short : India achieved a historic milestone in renewable energy by adding 25 GW of capacity in FY 2024-25, a 35% rise from the previous year. Solar energy led the growth, contributing 21 GW. Additionally, solar module manufacturing capacity surged to 74 GW. This expansion reinforces India’s commitment to sustainability, energy security, and reducing […]
India Expands ALMM, Boosting Solar Module Capacity to 74.23 GW – EQ
In Short : The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM), raising India’s certified solar module capacity to 74.23 GW. This growth supports domestic manufacturing and ensures quality modules for government-backed projects. The ALMM aims to enhance reliability in India’s solar energy sector, strengthening the […]
183 GW non-fossil fuel-based power capacity under implementation process in India Shripad Naik – EQ
In Short : Union Minister Shripad Naik revealed India has 183 GW of non-fossil fuel capacity under implementation, accelerating its 500 GW renewable target by 2030. The mix includes solar, wind, hydro and nuclear projects, building on the existing 179 GW operational clean energy capacity. This expansion supports India’s 2070 net-zero goal while strengthening energy […]
Senvion in India crosses 1 GW commissioned WTGs milestone – EQ
In Short : Senvion India has crossed the significant milestone of 1 GW commissioned Wind Turbine Generators (WTGs) across the country. This achievement highlights Senvion’s growing presence in India’s wind energy sector. The company continues to contribute to India’s renewable energy targets by delivering efficient wind power solutions and expanding its footprint in the clean […]
Japan firms bring interest and expertise to India green ammonia project – EQ
In Short : Japanese firms are showing strong interest and expertise in India’s green ammonia projects, aiming to boost clean energy collaboration. With advanced technology and experience, Japan plans to invest in India’s green hydrogen and ammonia sectors. This partnership supports India’s renewable energy goals, promotes low-carbon fuels, and strengthens bilateral ties in the global […]
AMPIN Energy Transition Secures Equity Investment of $50million from Siemens to Accelerate Renewable Energy Transition in India – EQ
New Delhi, India – AMPIN Energy Transition (“AMPIN”), India’s leading renewable energy transition company, has secured an investment of $50 million from Siemens Financial Services, the financing arm of Siemens AGThis investment will further strengthen AMPIN’s position as a leading player in India’s renewable energy transition, by making renewable power in India and make in […]