In Short – India’s government, led by Minister Pralhad Joshi, plans to boost the role of renewable energy in the nation’s energy matrix. This move aims to reduce dependence on fossil fuels, enhance energy security, and support sustainable development. Investments in solar, wind, and other renewables are expected to drive this transformation, aligning with global […]
Yara Clean Ammonia and AM Green (earlier Greenko ZeroC) sign term sheet for sale of renewable ammonia from India to Yara Clean Ammonia’s global market – EQ
Indian renewable energy firm plans maiden dollar bond sale – EQ
In Short – An Indian renewable energy company is set to launch its first dollar bond sale, aiming to raise international capital to expand its green energy projects. This move reflects the growing global investor interest in sustainable energy investments in India. In Details – The company, which develops sustainable energy projects such as solar […]
Glenmark Pharmaceuticals to acquire stake in a renewable power entity – EQ
In Short – Glenmark Pharmaceuticals announces plans to acquire a stake in a renewable power entity, aligning with its commitment to sustainability and clean energy. This strategic move reflects the company’s dedication to reducing its carbon footprint and contributing to environmental preservation. By investing in renewable power, Glenmark aims to bolster its green initiatives […]
Global Electricity Review 2024 – EQ
Government Issued Sovereign Green Bonds Worth Rs 20,000 crore in FY24 to Boost Renewable Energy Sector – EQ
In Short – In FY24, the government issues sovereign green bonds worth Rs 20,000 crore, aimed at bolstering the renewable energy sector. This significant investment underscores the nation’s commitment to sustainable development and accelerating the transition towards clean energy. In Details – New Delhi, According to the latest CEEW Centre for Energy Finance (CEEW-CEF) Market […]
India’s Power and Renewable Energy sectors to receive Rs 17.05 lakh cr investment – EQ
In short – India’s power and renewable energy sectors are poised to receive a substantial investment of Rs 17.05 lakh crore. This infusion of funds signifies a significant commitment to bolstering the country’s energy infrastructure and transitioning towards sustainable sources. Such investment is crucial for driving economic growth, enhancing energy security, and mitigating environmental challenges. […]
Renewable energy firm Juniper Green Energy eyes IPO – EQ
In Short – Renewable energy firm Juniper Green Energy sets sights on IPO, capitalizing on surging demand for sustainable investment opportunities. The move reflects confidence in the market’s appetite for clean energy ventures and signals potential growth opportunities in the renewable sector. In Details – As of February, the company had an operational portfolio of […]
Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers – EQ
In Short – Microsoft commits over $10 billion to expand renewable energy capacity for data centers, advancing sustainability goals. This strategic investment underscores a dedication to clean energy and reducing environmental impact while supporting digital infrastructure growth. In Details – Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion […]
UFlex partners with Amplus Phoenix for renewable power at Dharwad plant – EQ
In Short – UFlex collaborates with Amplus Phoenix to integrate renewable power at its Dharwad plant. This partnership underscores UFlex’s commitment to sustainability by reducing carbon emissions and reliance on traditional energy sources. By leveraging Amplus Phoenix’s expertise in renewable energy solutions, UFlex aims to enhance operational efficiency while contributing to India’s renewable energy goals. […]