In Short : According to Ember, renewables supplied a record 30% of global electricity in 2023. This milestone highlights the accelerating transition towards cleaner energy sources worldwide, marking significant progress in combating climate change and reducing reliance on fossil fuels. In Detail : Renewables provided record 30% of global electricity in 2023, Ember says LONDON […]
Our expansion plans will be backed by renewables, not thermal power’: Abhyuday Jindal of Jindal Stainless – EQ
In Short – Abhyuday Jindal of Jindal Stainless emphasizes a commitment to renewable energy for expansion plans, shifting away from thermal power. This strategic decision aligns with sustainability goals, reducing carbon footprint and promoting cleaner, more resilient energy sources for future growth. In Details – The company announced a three-pronged investment strategy worth nearly Rs […]
Renewables.org, technology company Dyme Ink Clean Energy deal in India – EQ
In Short – Renewables.org and technology company Dyme’s clean energy deal in India signifies a strategic partnership aimed at advancing renewable energy initiatives. This collaboration is poised to drive innovation and accelerate the adoption of clean energy solutions, contributing to India’s sustainable development goals. In Details – Brooklyn-based solar nonprofit Renewables.org just announced a partnership […]
Gujarat and Karnataka lead renewables integration into power sector in India – EQ
In Short – Gujarat and Karnataka are at the forefront of integrating renewables into India’s power sector. Their proactive approach in adopting renewable energy technologies showcases their commitment to a cleaner and more sustainable energy landscape. In details – The Indian states of Gujarat and Karnataka are well prepared to continue the electricity transition and […]
Vedanta Aluminium accelerates shift to renewables, deploys biomass for power generation – EQ
In Short : “Vedanta Aluminium speeds up its transition to renewables by implementing biomass for power generation, marking a significant move towards sustainable energy practices in the current affairs landscape.” In Detail : Vedanta Aluminium, one of India’s largest producers of aluminium, is making its fuel mix more sustainable with the deployment of biomass briquettes […]
How India can create a circular economy for renewables – EQ
In Short – India can foster a circular economy for renewables by promoting recycling, enforcing producer responsibility, and optimizing resource use. These strategies enhance sustainability and minimize environmental impact in the renewable energy sector. In Details – To be energy secure, India will need to ensure a circular economy for its clean energy technologies […]
India Hits Record 18 GW Renewables in FY24 – EQ
In Short – In a significant achievement, India sets a new benchmark by reaching a record-breaking 18 gigawatts of renewable energy capacity during the fiscal year 2024. This milestone underscores the nation’s commitment to sustainable energy initiatives and highlights the growing importance of renewables in the country’s energy landscape. In Details – India has made […]
$2 trillion annual investment required to triple renewables by 2030: Report – EQ
In Short : A report highlights that an annual investment of $2 trillion is necessary to triple global renewable energy capacity by 2030. The report emphasizes the need for substantial investments to accelerate the transition to clean energy and achieve climate goals. Increased financial commitments, supportive policies, and technological advancements are crucial to meeting the […]
$293 billion needed for India’s tripling of renewables by 2030: Report – EQ
In Short : The estimated investment required for India to triple its renewable energy capacity by 2030 is approximately $293 billion, according to a report. This ambitious target indicates the substantial financial commitment necessary to significantly expand renewable energy sources within the country. In Detail : If the IEA global net zero pathways are to […]
India’s remarkable solar growth demonstrates the country’s commitment to renewables, highlighting their pivotal role in the future of sustainable energy – EQ
In Short : India’s remarkable growth in solar energy proves that renewables are the future of the country’s energy landscape. With increasing investments, supportive policies, and advancements in technology, solar power has become a driving force in India’s energy sector. This growth not only reduces the country’s carbon footprint but also fosters energy independence, creates […]