In Short : Portugal will invest $466 million (€400 million) to modernize its electricity grid and expand battery storage capacity after an April blackout disrupted power across the Iberian Peninsula. The plan includes boosting storage from 13 MW to 750 MW and enhancing grid management. A new government decree will accelerate project deployment, aiming to […]
India Unveils ₹42 Trillion Energy Overhaul to Power Clean Growth and Future Demand – EQ
In Short : India is set to invest ₹42 trillion (around \$500 billion) over the next decade to transform its energy infrastructure. The plan includes expanding renewable capacity, modernizing transmission networks, building energy storage, and supporting green hydrogen and industrial clusters. This massive push aims to meet rising electricity demand, strengthen grid reliability, and accelerate […]
India Unveils ₹5,400 Cr Boost for Battery Storage and Power Grid Overhaul – EQ
In Short : The Indian government has approved ₹5,400 crore viability gap funding for 30 GWh battery storage to boost renewable energy integration. It also announced plans for 1100 kV UHVAC transmission lines and raised land compensation under Right of Way rules. These initiatives aim to modernize grid infrastructure, attract investments, and support 24×7 clean […]