The investment can go up by an additional Rs 20,000 crore by 2030, GAIL India chairman and managing director Manoj Jain told reporters in Mumbai. State-owned Gail India will invest Rs 6,000 crore in the next three years in renewables, a top official said on Monday. The investment can go up by an additional Rs […]
BGauss Auto to invest Rs 40 cr to double electric two-wheeler mfg capacity to 2 lakh units/yr – EQ Mag Pro
Electric Two-Wheeler Manufacturer The company plans to have five to six products in the high-speed electric scooters segment two years later. It is also eye-catching around 8-10 per cent of the fast-growing electric two-wheeler market in three years’ time. “This year we are targeting (to sell) around 80,000 to 1 lakh vehicles,” BGauss Auto Founder […]
Iberdrola to invest €3 billion in green hydrogen to accelerate the European Green Deal – EQ Mag Pro
He has signed a Manifesto on Implementing the European Green Deal aimed at reducing net greenhouse gas emissions by at least 55% by 2030 The European Commission has drawn up a roadmap to achieve the objectives despite the new global context Ignacio Galán, Chairman of Iberdrola, announced at the World Economic Forum in Davos that […]
ReNew Power Signs MoU To Invest Rs 50,000 Crore in 7 Years in Karnataka – EQ Mag Pro
ReNew Power intends to set up production units in Renewable Energy, Battery Storage and Green Hydrogen with potential to create employment opportunities for 30,000 people, the CMO said Renewable energy firm ReNew Power on Tuesday signed a Memorandum of Understanding (MoU) with the Karnataka government in the presence of Chief Minister Basavaraj Bommai at the […]
Adani group to invest ₹60,000 crore in green energy plants in Andhra Pradesh – EQ Mag Pro
AMARAVATI: The Adani group has agreed to invest 60,000 crore in green energy plants in the state. The state government clinched the deal during chief minister YS Jagan Mohan Reddy’s meeting with Adani group chairman Gautam Adani in Davos. Gautam Adani, who held initial discussions with the chief minister on Sunday, met the chief minister […]
Israel’s Nofar Energy plans to invest 300 mln euros in RES in Romania in 2023-2024 – EQ Mag Pro
BUCHAREST (Romania) : Israel’s Nofar Energy is looking to develop or acquire wind and solar projects in Romania where it plans to invest over 300 million euro ($316 million) in the following two years, it said on Tuesday. The company aims to reach 1GW capacity of renewable energy source (RES) projects in Romania by the […]
Switch Mobility to invest Rs 1,000 crore in electric vehicle plant – EQ Mag Pro
Switch Mobility, the electric vehicle arm of Ashok Leyland, will likely be investing ₹1,000 crore in a devoted EV plant in South India and the folks in the know stated it was seemingly to be in the state of Tamil Nadu, on the outskirts of Chennai. The plan is to arrange 30,000 models of E-LCV […]
Borosil Renewables to invest Rs 1,500 cr in two years to add capacity by 2.5 times – EQ Mag Pro
The company will also invest in its German plant to increase its capacity to 500 TPD from 300 TDP now by 2023 Solar panel glass manufacturer Borosil Renewables on Monday said it will invest Rs 1,500 over the next two years to expand its capacity by nearly 2.5 times and supply 15 GW of solar […]
BP to invest up to £18 billion in UK energy system by 2030 – EQ Mag Pro
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero. As one of the largest oil and gas producers in the UK, […]
Montenegro to invest 1 billion euros in boosting renewable energy – EQ Mag Pro
JAHORINA Mount., Bosnia : Montenegro’s majority state-owned power utility plans to invest about 1 billion euros ($1.1 billion) over the next five years to boost renewable energy output to 2,000 gigawatt hours (GWh) per year, and eventually become an exporter of green energy. The small Adriatic country of 600,000 people produced a total of 3,160 […]