Renewable power held a 19% share of the US’s total power capacity in 2020, according to GlobalData, and this share is expected to increase significantly to 48.4% by 2030. The leading data and analytics company notes that favorable policies introduced by the US government will continue to drive the country’s renewable sector, particularly solar PV […]
Azure Power: Operational and Financial Update – EQ Mag Pro
EBENE, Mauritius : Azure Power Global Limited (NYSE: AZRE) (the “Company”), a leading independent renewable power producer in India, today announced certain operational and financial updates in connection with the Rights Offering that was also announced today. This is not an offer to sell or purchase nor the solicitation of an offer to sell or […]
Adani Transmission Awarded 400 KV Karur Transmission Project For Evacuation Of Renewable Power – EQ Mag Pro
Ahmedabad: Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received the Letter of Intent (LoI) for the acquisition of Karur Transmission Ltd. ATL won the project through the Tariff-Based Competitive Bidding (TBCB) process and has received the LoI for the Central RE evacuation project. […]
India can achieve cost-effective round-the-clock Renewable Power: Dr Ajay Mathur – EQ Mag Pro
Kolkata : India can achieve the ultimate milestone of cost-effective round-the-clock renewable power with right interventions related to technology, regulatory & policy ecosystem,business models and trained workforce across the entire RE value chain, said Dr Ajay Mathur,Director General, International Solar Alliance. Delivering the inaugural address of Green Power 2021 on Thursday, Dr Mathur said “India […]
ReNew rated among top 10 renewable power companies globally by Sustainalytics on ESG – EQ Mag Pro
ReNew Energy Global plc (“ReNew” or “the Company”) (NASDAQ: RNW), today announced that it was ranked in the top 10 renewable power companies among 78 companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its ESG risk exposure, management […]
SJVN looks to set up more renewable power projects in UP – EQ Mag Pro
State-owned power producer SJVN on Wednesday urged the Uttar Pradesh government to allot the company more renewable power projects in the state, after bagging the 75 megawatts (MW) solar project in Jalaun. “A K Singh, director (finance), met Chief Minister of Uttar Pradesh Yogi Adityanath (on Wednesday) and briefed him about the progress being made […]
Industrial companies boost target for green hydrogen in climate fight – EQ Mag Pro
A global coalition of industrial companies said on Thursday it has boosted a target for emissions-cutting hydrogen generated with renewable power such as wind and solar energy. Companies and governments have touted green hydrogen, derived from water using electrolyzers powered by renewable energy, as a way to cut carbon emissions. But it now costs about […]
Africa needs renewable power for Great Green Wall to work, AfDB head says – EQ Mag Pro
DAKAR : For Africa’s Great Green Wall project to succeed in stopping desert advancement, local people need sustainable power so they do not cut down the trees that make up the desert barrier, the head of the continent’s development bank said on Thursday. The African Union initiative has started to plant trees, invest in agriculture […]
India’s second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity – EQ Mag Pro
New Delhi: Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over ₹1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure, its chairman Arun Kumar Singh said on Monday. The investment will help BPCL prepare for the future where conventional fuels and zero-carbon mobility in […]
This Energy Storage Stock Will Benefit From Renewable Power Trends – EQ Mag Pro
As renewable energy takes more of the energy-generation pie, utilities need energy-storage technology. The wind doesn’t always blow and the sun doesn’t always shine. That means opportunity for new businesses. One is raising money in a SPAC merger. Its energy-storage technology, however, is unusual. It has nothing to do with batteries like a Tesla (ticker: […]
