In Short : Global renewable energy capacity has reached record levels, driven by rapid solar and wind expansion, according to the IEA. However, the pace remains insufficient to meet the COP28 target of tripling renewables by 2030. The agency urges stronger policies, faster grid upgrades, and increased investments to accelerate the clean energy transition and […]
Leading Power Sector Companies Reveal Blueprint for Infrastructure Upgrade – EQ
In Short : India’s top power sector companies have announced a strategic blueprint to modernize the nation’s energy infrastructure. The plan emphasizes grid modernization, renewable energy integration, and adoption of smart technologies. By investing in digital systems, transmission upgrades, and energy storage, the initiative aims to build a resilient, efficient, and sustainable power network to […]
Leaders of Governments and Businesses Commit to Accelerate Renewable Energy Abundance – EQ
In Short : Global leaders from governments and businesses have pledged to accelerate the transition toward renewable energy abundance. The commitment focuses on expanding clean energy investments, enhancing technology adoption, and strengthening international cooperation. By promoting large-scale deployment of solar, wind, and green hydrogen, the initiative aims to achieve global climate goals and drive sustainable […]
Offshore Wind: From 83 GW Today to 2,000 GW by 2050 – EQ
In Short : Global offshore wind capacity, now at 83 GW, is projected to expand to 2,000 GW by 2050. Driven by advancing technology, lower costs, and supportive policies, offshore wind will become a cornerstone of clean energy. This massive growth is expected to cut carbon emissions, enhance energy security, and accelerate the global transition […]
Six Principles to Ensure the Energy Transition Is in Harmony with Nature – EQ
In Short : The International Union for Conservation of Nature (IUCN) has proposed six key principles to align the energy transition with nature. These include protecting biodiversity, careful siting of renewable projects, adopting circular economy practices, ensuring community rights, promoting policy coherence, and integrating nature-positive solutions. The approach seeks to balance clean energy growth with […]
The Rise of Solar PV and Battery Storage’s Prominence in Emerging Markets – EQ
In Short : Solar PV and battery storage are rapidly gaining prominence in emerging markets, driven by plummeting costs, technological innovation, and rising demand for reliable clean power. Hybrid solar+BESS projects are boosting grid stability, reducing diesel reliance, and expanding energy access across Africa, Asia, and Latin America. Despite financing and recycling challenges, these solutions […]
Battery Energy Storage Systems: Key to Renewable Power Supply-Demand Gaps – EQ
In Short : Battery Energy Storage Systems (BESS) are emerging as a critical solution to balance renewable power supply and demand. By storing excess energy from solar and wind projects, BESS ensures reliable electricity during peak hours and grid stability. This technology enhances renewable integration, reduces curtailment, and supports India’s transition toward a sustainable, resilient, […]
Five key policies to promote road transport electrification in developing markets – EQ
In Short : Developing markets can accelerate road transport electrification with targeted policies. Financial incentives, tax rebates, and subsidies make EVs affordable. Expanding charging networks ensures convenience, while regulatory mandates set clear adoption goals. Affordable financing, battery leasing, and swapping lower ownership costs. Prioritizing electrified buses, taxis, and fleets strengthens public adoption, driving cleaner, sustainable […]
91% of New Renewable Projects Now Cheaper Than Fossil Fuels Alternatives – EQ
In Short : A new global study highlights that 91% of newly commissioned renewable energy projects now deliver power at lower costs than fossil fuel alternatives. Falling solar and wind prices, coupled with supportive policies, are driving this shift. Experts say the trend strengthens the economic case for clean energy while helping nations accelerate their […]
Green hydrogen and derived commodities: an opportunity for Global South’s green industrialisation – EQ
In Short : Due to its potential to decarbonise hard-to-abate sectors, green hydrogen–produced via electrolysis using only renewable energy resources— and hydrogen-derived commodities including ammonia and methanol, emerge as key components of a holistic energy transition towards net zero. In Detail : But the benefits of green hydrogen go beyond reducing greenhouse gas emissions. Scaling […]