In Short : Suzlon, traditionally known for its wind energy solutions, is aiming to become a comprehensive leader in renewable energy. The company is expanding its focus beyond wind power to include other green energy solutions, such as solar and hybrid renewable systems. By diversifying its portfolio, Suzlon seeks to play a key role in […]
Climate goal to triple global renewable energy by 2030 within reach, IEA says – EQ
In Short : The International Energy Agency (IEA) has stated that the goal to triple global renewable energy capacity by 2030 is within reach. Strong investments in solar, wind, and other renewable sources are driving rapid growth. The IEA highlights that achieving this goal is crucial for meeting climate targets, reducing carbon emissions, and ensuring […]
India-US sign pact to unlock one billion dollars for clean energy technology manufacturing – EQ
In Short : India and the US have signed an agreement to unlock $1 billion in funding to boost clean energy technology manufacturing. The pact aims to enhance collaboration between the two countries in areas such as renewable energy, energy storage, and green hydrogen production. This initiative will help India accelerate its energy transition, reduce […]
Sineng Electric Expands U.S. Operations with New Service Center in Texas – EQ
Houston, United States — Sineng Electric, a global leader in solar and energy storage solutions, has officially inaugurated its North America Service Center in Katy, Texas. This strategic move highlights the company’s commitment to providing superior local support, delivering exceptional value to customers, and expanding its presence in the U.S. clean energy sector. “As the […]
Inox Wind shares in focus today as EPC arm raises Rs 350 crore; key details – EQ
In Short : Inox Wind’s shares are currently in focus due to its EPC subsidiary, Resco Global Wind Services, raising ₹350 crore through a preferential allotment to marquee investors. This move marks a significant development, with Resco now ceasing to be a wholly-owned subsidiary of Inox Wind. The funds will help Resco scale up its […]
India has 24,000 GW renewable potential; but there are four challenges: Report – EQ
In Short : India has an estimated renewable energy potential of 24,000 GW, but a recent report highlights four key challenges hindering its full realization. These challenges include insufficient infrastructure, regulatory and policy hurdles, financing limitations, and technological constraints. Addressing these issues is critical for India to capitalize on its vast renewable resources and accelerate […]
L&T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment – EQ
In Short : Larsen & Toubro (L&T) has carved out a Renewable Business Vertical in response to the growing emphasis on energy transition within its Infrastructure Segment. This strategic move highlights L&T’s focus on capitalizing on the burgeoning renewable energy sector. The new vertical will drive the development and execution of renewable projects, including solar […]
Clarification on banking provisions of Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022 – regarding – EQ
Clarification on banking provisions of Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022 – regarding For more information please see below link:
NLC India aims for a 4x increase in renewable capacity by 2030 – EQ
In Short : NLC India aims to quadruple its renewable energy capacity by 2030. This ambitious target reflects the company’s commitment to expanding its clean energy footprint and supporting India’s transition to sustainable power sources. In Detail : The company has set a revenue target of ₹15,000 crore for the year, with margins expected to […]
India’s power usage rises 15% to 156.31 bn units in May due to extreme heat – EQ
In Short – India’s power consumption surged by 15% to 156.31 billion units in May, driven by extreme heat. The increased demand for cooling and air conditioning contributed to this spike. This trend highlights the need for robust energy infrastructure and emphasizes the importance of integrating renewable energy sources to manage rising electricity demands sustainably. […]