In Short : Geopolitical upheavals, like the Ukraine conflict, have accelerated the shift to renewables, says IRENA. Renewables enhance energy security, reduce reliance on fossil fuel imports, and foster global cooperation. A decentralized energy system lowers geopolitical tensions and the risk of conflict. IRENA highlights clean energy as a strategic tool for both stability and […]
India overtakes Germany, ranked no 3 in renewable energy – EQ
In Short : India has overtaken Germany to become the world’s third-largest generator of wind and solar power, contributing 10% of its electricity from these sources in 2024, according to Ember’s report. Driven by rapid solar growth and supportive policies, India added 24 GW of solar capacity last year, reinforcing its ambition to reach 500 […]
Chanakya Opportunities Fund invests in Sadbhav Future Tech’s Rs 36 Cr round – EQ
In Short : Chanakya Opportunities Fund has invested in Sadbhav Future Tech’s ₹36 crore pre-IPO round. Founded in 2020, the renewable energy startup focuses on solar pumps, rooftops, and large-scale installations. With over 50,000 solar pumps deployed, the company aims to impact one million farmers, supporting the PM-KUSUM scheme and enhancing rural energy access while […]
BHEL Hitachi Energy consortium bags contract for 6-GW renewable energy transmission project – EQ
In Short : A consortium of BHEL and Hitachi Energy has secured a major contract for a 6-GW renewable energy transmission project in India. The project will facilitate efficient transmission of green power from renewable-rich regions, supporting India’s clean energy targets and strengthening the national grid for a sustainable energy future. In Detail : New […]
EV Rally Champions Green Mobility and Renewable Energy Future – EQ
In Short : An electric vehicle (EV) rally was organized to promote renewable energy and sustainable transportation. The event showcased the potential of EVs in reducing carbon emissions and dependence on fossil fuels. Participants highlighted the importance of clean energy sources like solar and wind power in supporting electric mobility. The rally aimed to raise […]
Resonia bags Ananthapur-II transmission project for renewable energy evacuation – EQ
In Short : Resonia Ltd. has secured the Ananthapur-II transmission project to evacuate 4.5 GW of renewable energy in Andhra Pradesh. The project includes a 765/400 kV pooling station and two 765 kV transmission lines. This marks Resonia’s entry into Andhra Pradesh, aligning with India’s goal of achieving 500 GW of renewable capacity by 2030 […]
Biggest challenge for net-zero norms is energy storage systems: Report – EQ
In Short : A report highlights energy storage as the biggest challenge to achieving net-zero emissions. Battery Energy Storage Systems (BESS) must expand 35-fold by 2030 to support renewable energy. High costs and infrastructure needs hinder adoption. Long-Duration Energy Storage (LDES) offers a solution, but policy support and investment are crucial to ensuring grid stability […]
India Achieves Historic Milestone in Renewable Energy Capacity Addition in FY 2024-25 – EQ
In Short : India achieved a historic milestone in renewable energy by adding 25 GW of capacity in FY 2024-25, a 35% rise from the previous year. Solar energy led the growth, contributing 21 GW. Additionally, solar module manufacturing capacity surged to 74 GW. This expansion reinforces India’s commitment to sustainability, energy security, and reducing […]
IGL board approves renewable energy JV for solar power plant in Rajasthan – EQ
In Short : The IGL (Indraprastha Gas Limited) board has approved the formation of a joint venture (JV) to develop a solar power plant in Rajasthan . This initiative aims to strengthen the company’s renewable energy portfolio and contribute to India’s clean energy transition. The solar plant will leverage Rajasthan’s abundant sunlight, enhancing IGL’s sustainability […]
NTPC Renewable Energy Announces 813 MW Wind Power Project in Karnataka – EQ
In Short : NTPC Renewable Energy Ltd has floated a tender for an 813 MW wind power project in Bellary, Karnataka. The project includes 271 wind turbines of at least 3 MW each. Bidders must meet technical and financial criteria, with submissions due by May 8, 2025. This initiative strengthens Karnataka’s renewable capacity, supporting India’s […]