In Short : NLC India Renewables Ltd (NIRL) has signed a power purchase agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for an 810 MW solar project in Rajasthan’s Pugal Solar Park, Bikaner. Part of the Ultra Mega Renewable Energy Power Park scheme, the project aims to generate 2 billion units annually, reducing CO₂ […]
IRENA – Renewables in 2024: 5 Key Facts Behind a Record-Breaking Year – EQ
In Short : Mumbai’s electricity demand has exceeded 4,000 MW, nearing its 2024 record, driven by intense heat and soaring cooling needs. Major utilities like Adani Electricity and Tata Power reported sharp rises in consumption. Efforts to boost renewable energy and expand capacity are underway, with projections indicating demand could cross 4,500 MW this summer, […]
Rajasthan’s Green Energy Ambition: Aiming for 125 GW of Renewables by 2030 – EQ
In Short : Rajasthan is leading India’s clean energy shift with a target of 125 GW renewable capacity by 2030, including 65 GW solar. Backed by strong policies, solar parks, and global investments from Tata and Adani, the state is harnessing its vast desert potential. Balancing growth with conservation, Rajasthan is a key player in […]
West Bengal Charts Bold Energy Future with Major Push in Thermal and Renewables – EQ
In Short : West Bengal Chief Minister Mamata Banerjee announced major energy plans, including solar, wind, and tidal projects. The state will add a 1,600 MW thermal plant in Salboni and a 112.5 MW solar project in Garbeta. A 1,000 MW pumped storage plant is also planned. Bengal aims to source 20% of its energy […]
Serentica Renewables signs Power Purchase Agreement with NTPC – EQ
In Short : Serentica Renewables has signed a Power Purchase Agreement with NTPC to supply 200 MW of firm, dispatchable renewable energy to Uttar Pradesh. The power will come from over 600 MW of hybrid solar, wind, and battery storage projects. This agreement supports Uttar Pradesh’s clean energy transition by ensuring reliable, on-demand green power, […]
Marching Forward: Karnataka continues to promote renewables – EQ
In Short : Karnataka is advancing its renewable energy mission with plans to add 38 GW by FY35, nearly half by FY30. Key projects include the 2,050 MW Pavagada Solar Park and a 300 MW hybrid project in Gadag and Koppal. With a focus on solar, wind, and battery storage, Karnataka remains a frontrunner in […]
India Gears Up for 28 Million EVs by 2030 with Renewables and Storage in Focus – EQ
In Short : India is set to have over 28 million electric vehicles on the road by 2030, driven by rising demand, government incentives, and better infrastructure. Two-wheelers will dominate EV sales, followed by four-wheelers and commercial vehicles. To support this growth, India’s power capacity must nearly double, with a strong push for renewable energy […]
Renewables put India on track to decouple growth from emissions: RBI Study – EQ
In Short : India is on track to decouple economic growth from carbon emissions, driven by its expanding renewable energy sector, according to an RBI study. Rising investments in solar, wind, and other clean energy sources are helping reduce dependence on fossil fuels. This shift supports sustainable growth while aligning with India’s climate goals and […]
AI’s Energy Hunger Meets Renewables: How AI Training Centers Are Driving Demand for Green Power – EQ
In Short : Akshay Hiranandani, a prominent industry expert, highlighted that AI training centers are poised to become major customers for renewable energy companies. The massive computational power required for AI training demands significant energy, making sustainability crucial. Renewable energy firms can cater to this growing demand by providing clean, reliable power, aligning with global […]
Bihar Powers Ahead: 23% of Peak Demand Met by Renewables, Solar Expansion in Focus – EQ
In Short : Bihar now meets 23% of its peak power demand through renewables, primarily solar and hydropower. The state plans to expand solar energy by developing solar parks, promoting rooftop installations, and upgrading grid infrastructure. Aligned with India’s 500 GW renewable energy target by 2030, Bihar aims to enhance energy security, reduce emissions, and […]