In Short : According to Crisil, investment in renewable energy in India is projected to quadruple to Rs 19 lakh crore between FY25 and FY30. This significant surge is driven by government initiatives, favorable policies, and increasing demand for clean energy. The growth will support India’s transition to a greener energy mix, boosting solar, wind, […]
JSW Energy completes acquisition of 125 MW renewables from Hetero group – EQ
In Short : JSW Neo Energy, a subsidiary of JSW Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Labs and Hetero Drugs. The wind projects, located in Andhra Pradesh and Maharashtra, were acquired for ₹630 crore. This acquisition supports JSW Energy’s goal of expanding its renewable capacity to 10 […]
Ministry of Power – YEAR END REVIEW-2024 – EQ
In Short : The Ministry of Power’s 2024 achievements include surpassing 420 GW installed capacity, with 175 GW from renewables, launching the Green Hydrogen Mission, and modernizing grids. Key initiatives ensured 24×7 rural power supply and reduced DISCOM losses under UDAY 2.0. Strengthened global ties and sustainability-focused reforms align with India’s net-zero 2070 target and […]
Waaree Energies Launches Australian Arm for Renewables – EQ
In Short : Waaree Energies, a leading Indian solar panel manufacturer, has launched its Australian arm to expand its presence in the renewable energy market. This move aims to tap into Australia’s growing demand for clean energy solutions, focusing on solar panels and other renewable technologies, reinforcing Waaree’s global growth strategy and commitment to sustainable […]
Rajasthan CM to launch nine industry-friendly policies tomorrow – EQ
In Short : Rajasthan Chief Minister Ashok Gehlot is set to launch nine industry-friendly policies aimed at boosting investment, fostering innovation, and promoting industrial growth in the state. These policies are expected to streamline business operations, provide incentives for startups, enhance ease of doing business, and attract investments across various sectors, reinforcing Rajasthan’s position as […]
Australia, India to boost cooperation on renewables, defence, says Albanese – EQ
In Short : Australian Prime Minister Anthony Albanese announced that Australia and India will enhance cooperation in the areas of renewable energy and defense. The two nations plan to collaborate on clean energy initiatives, focusing on technology sharing and infrastructure development, while also strengthening their defense ties to promote regional security and stability, reinforcing their […]
Impose Anti-Dumping Duty on Chinese Solar Glass, Else Industry will Die: Borosil to Govt – EQ
In Short : Borosil has urged the government to impose anti-dumping duties on Chinese solar glass, warning that the domestic industry faces severe threats. The company emphasizes that without protective measures, local manufacturers may struggle to survive against unfair competition. The call for action highlights the need to safeguard the Indian solar sector and promote […]
Tata Power inks MoU with Rajasthan Government for an investment plan of ~ ₹ 1.2 lakh crores in Power Distribution, Transmission, and Renewables – EQ
~ MOU covers developing Renewable Energy Projects, Solar Modules Manufacturing Plant, Solar Rooftops Installations, Transmission and Distribution projects, Nuclear Power Plant and EV Charging~ ~Landmark agreement aims to ensure 24/7 clean, affordable, and reliable power supply in the State. It is expected to generate 28,000 jobs in the next 10 years~ National : Tata Power, […]
RE-INVEST 2024: Rs 32.45 Lakh Cr Pledged for Renewables – EQ
In Short : At the RE-INVEST 2024 event, India’s renewable energy sector received a commitment of ₹32.45 lakh crore ($386 billion) in financing from banks and financial institutions. The funds will support India’s goal of achieving 500 GW of renewable energy capacity by 2030. Significant pledges from manufacturers and developers were also made, including 570 […]
Torrent Power commits to Rs 64,000 crore investment in renewables by 2030 – EQ
In Short : Torrent Power has committed to investing ₹64,000 crore in renewable energy by 2030. The company aims to significantly expand its clean energy portfolio, aligning with India’s broader push for sustainability and the transition to greener power sources. This investment is part of Torrent Power’s strategy to contribute towards the country’s renewable energy […]