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. […]
British Int’l Investment seeks CCI nod to acquire stake in ReNew Photovoltaics – EQ
In Short : British International Investment (BII) is seeking approval from India’s Competition Commission to acquire a minority stake in ReNew Photovoltaics. The \$100 million investment will support ReNew’s expansion of its solar manufacturing capacity, including a 4 GW TOPCon cell facility in Gujarat. This move aims to boost India’s clean energy production, strengthen domestic […]
Vedanta Commits Rs 30k Crore Investment in Northeast in Oil & Gas, Critical Minerals and Other Sectors – EQ
In Short : Vedanta Group has committed ₹30,000 crore to Northeast India, focusing on oil and gas, critical minerals, power, data centers, and renewable energy. This forms part of a broader ₹80,000 crore investment across the region. The initiative aims to create up to 1 lakh jobs and includes social programs like anganwadis, skill centers, […]
GE Vernova Expands Indian Operations with ₹140 Crore Investment in Advanced Grid Technology – EQ
In Short : GE Vernova will invest ₹140 crore to expand its manufacturing in India, focusing on advanced grid technologies. The expansion includes a new line at Chennai’s Pallavaram facility for HVDC and FACTS components and a new engineering lab in Noida. This move supports India’s energy transition and aligns with GE Vernova’s “Asia for […]
ADB and Japan Launch Market Acceleration Platform to Boost Private Sector Development and Investment in Asia and the Pacific – EQ
In Short : The Asian Development Bank and Japan launched the ADB Market Acceleration Platform (AMAP) with an initial \$20 million to boost private sector investment in Asia and the Pacific. AMAP will support policy reforms, build investment pipelines, and de-risk projects in key sectors like clean energy, infrastructure, and digital services, focusing on frontier […]
Adani Energy Solutions Plans ₹16,000–18,000 Crore Investment for FY26 to Boost Transmission and Smart Metering – EQ
In Short : Adani Energy Solutions has allocated ₹16,000–18,000 crore for capital expenditure in FY26, focusing on transmission, smart metering, and distribution. Around ₹12,000–13,000 crore will be invested in transmission projects, including the Mumbai HVDC project. The company plans to install 70–80 lakh smart meters, aiming for a total of 1 crore meters by March […]