In Short – Sunrock DG and Nelnet join forces for renewable distributed generation projects, synergizing expertise to propel sustainable energy solutions forward, fostering innovation in distributed generation and contributing to a greener energy landscape. In Details – A recent example of a Sunrock Distributed Generation solar project. The partnership with Nelnet, Inc. will give […]
State-owned NTPC targets 5GW power generation capacity addition in FY25 – EQ
In Short – State-owned NTPC aims to add 5GW to its power generation capacity in FY25. This strategic move underscores its commitment to bolstering energy infrastructure, contributing to national power needs, and advancing sustainable development goals. In Details – State-owned power giant NTPC on Monday said it is eying 5 GW power generation capacity addition […]
IREDA sanctions record ₹37,354-cr loans in FY24 -EQ
In Short -In FY24, IREDA approves a record-breaking ₹37,354 crore in loans, demonstrating its commitment to financing renewable energy projects and facilitating substantial advancements in the sustainable energy sector.” In Details – State-run Indian Renewable Energy Development Agency (IREDA) has sanctioned a record ₹37,354-crore loans and disbursed loans worth ₹25,089 crore in FY24, its highest […]
India’s hydroelectric surge: Projects underway to propel renewable energy revolution – EQ
In Short – India is experiencing a surge in hydroelectric projects, propelling its renewable energy revolution. These initiatives signify a significant step towards sustainable energy production, bolstering India’s commitment to renewable sources and fostering a greener future. In Details – With an aggregate capacity of 15 GW currently under construction, the nation is poised to […]
Oil India, GMC partner to convert waste into renewable CBG – EQ
In Short – Oil India Limited has partnered with Guwahati Municipal Corporation (GMC) to collaborate on converting waste into renewable Compressed Biogas (CBG). This initiative aims to promote sustainable energy practices, reduce waste pollution, and contribute to India’s renewable energy goals. In Details – Oil India Limited (OIL) and the Guwahati Municipal Corporation (GMC) have […]
LyondellBasell and Encavis asset management ag announce renewable energy power purchase agreement – EQ
In Short – LyondellBasell and Encavis Asset Management AG have jointly announced a renewable energy power purchase agreement (PPA). This agreement signifies LyondellBasell’s commitment to sustainable practices by sourcing renewable energy, contributing to environmental stewardship and reducing carbon emissions. In Details – LyondellBasell and Encavis Asset Management AG (Encavis AM) announced they signed a power […]
NLC India planning to sell renewable assets worth estimated $720 Million – EQ
In Short – NLC India is planning to divest renewable assets valued at approximately $720 million. This strategic move signals a shift towards green energy initiatives, reflecting the company’s commitment to sustainable practices and aligning with global trends in renewable energy investment. In Details – State-run coal miner and power producer NLC India Ltd. is […]
IREDA Board clears proposal of Rs 24,200 crore borrowing for FY25 -EQ
In Short – IREDA’s board has cleared a proposal to borrow Rs 24,200 crore for the fiscal year 2025. This significant borrowing allocation indicates the organization’s strategic financial planning and its commitment to support renewable energy initiatives and projects in the coming year. In Detail – State-owned Indian Renewable Energy Development Agency Ltd’s (IREDA) board on […]
Powering India’s future: Ramping up country’s renewable energy capacity -EQ
Powering India’s future: Ramping up country’s renewable energy capacity In Short – “”Empowering India’s future by ramping up renewable energy capacity, vital for sustainable development and combating climate change. This strategic move aligns with national goals, driving towards a greener, more resilient energy landscape. In Detail : As India rises on the global stage, its energy […]
Welspun Flooring to source renewable energy from SPV Welspun Bhargavi -EQ
Welspun Flooring to source renewable energy from SPV Welspun Bhargavi In Short -Welspun Flooring to procure renewable energy from SPV Welspun Bhargavi In Detail -Welspun Living announced that its wholly owned subsidiary, Welspun Flooring (WFL) is investing Rs 1.76 crore in Welspun Bhargavi (WBPL), a special purpose vehicle, for setting up of […]