In a move to accelerate its clean energy mission and global growth, Statcon Energiaa Private Limited (“Statcon Energiaa”) has secured an investment from Rotomag Enertec Limited, which now holds a majority stake in Statcon Energiaa. This investment marks a significant milestone in Statcon Energiaa’s journey, enabling them to scale their indigenously developed solutions. Statcon Energiaa […]
NTPC to Power Telangana’s Green Future with ₹80,000 Crore Renewable Energy Investment – EQ
In Short : NTPC has announced plans to invest ₹80,000 crore in Telangana’s renewable energy sector, focusing on solar, wind, and floating solar projects with a potential of 6,700 MW. NTPC CMD Gurdeep Singh discussed the proposal with CM A. Revanth Reddy, who assured full support, marking a significant boost to the state’s green energy […]
Andhra Pradesh Seeks Singapore Collaboration on Green Energy, Infrastructure, and Investment – EQ
In Short : Andhra Pradesh CM N. Chandrababu Naidu met Singapore’s Minister Tan See Leng to explore partnerships in green energy, hydrogen, data centres, ports, and infrastructure. He invited Singaporean investors to the Visakhapatnam Global Investors Summit in November, highlighting Andhra’s focus on sustainable development and its readiness to collaborate on transformative, future-ready projects across […]
Bihar Accelerates Green Energy Push with ₹5,337 Crore Investment and 2,357 MW Capacity Boost – EQ
In Short : The Bihar government has signed MoUs worth ₹5,337 crore to develop 2,357 MW of green energy under its new Renewable Energy and Pumped Storage Policies 2025. Key projects include a 116 MW battery storage system with L\&T, a 1,000 MW BESS by NTPC Green, and 1,000 MW solar installations by Avaada and SECI, boosting the state’s […]
ADB President Calls for Increased Innovation Investment at STS Forum – EQ
In Short : At the STS Forum in Jakarta, ADB President Masato Kanda urged greater investment in innovation to drive sustainable, inclusive growth across Southeast Asia. He announced commitments including $10 billion for the ASEAN Power Grid and $40 billion to transform food systems by 2030. Kanda emphasized the need for regional cooperation, public-private partnerships, […]
IFC Backs Transvolt Mobility with $20 Million in Landmark EV Fleet Investment – EQ
In Short : The International Finance Corporation (IFC) will invest $20 million in Transvolt Mobility, its first global equity investment in an EV fleet platform. Part of a $50 million round, the funding will help scale Transvolt’s fleet to 8,000 electric trucks and buses across India. The company also plans to create 8,200 jobs over […]
SAEL Powers Ahead with ₹8,200 Crore Investment in High-Tech Solar Manufacturing Hub – EQ
In Short : SAEL Industries plans to invest ₹8,200 crore to build a 10 GW solar manufacturing facility in Greater Noida. The plant will include 5 GW of TOPCon solar cell production and 5 GW of module assembly. Construction will start in 2024, boosting SAEL’s total module capacity to 8.5 GW and supporting India’s drive […]
Bihar Set to Unveil Solar Policy to Spark Renewable Energy Growth and Investment – EQ
In Short : Bihar will unveil a new solar energy policy within 15 days to attract renewable energy investments and accelerate clean power adoption. The policy aims to promote grid-connected solar projects, rooftop installations, and solar parks across the state. It is expected to streamline approvals, offer incentives, and support Bihar’s goal of expanding its […]
Global energy investment set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns – EQ
In Short : Global energy investment is set to reach a record $3.3 trillion in 2025, with $2.2 trillion flowing into clean energy, double the amount for fossil fuels, according to the IEA. Solar will lead with $450 billion, while battery storage hits $66 billion. Despite this growth, grid investment and efficiency spending must rise […]
SAEL Secures US$132 Million Investment from NDB, AIIB & Societe Generale for Solar Project in Andhra Pradesh – EQ
New Delhi – SAEL Solar MHP1 Pvt. Limited, a subsidiary of SAEL Industries Ltd., a clean energy company, has secured a debt finance amounting to of US$132 million from three global financial institutions —Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale for development of a solar power project in Andhra Pradesh. […]