Servotech Power Systems on Friday posted a manifold jump in its consolidated net profit to Rs 4.10 crore in the June quarter, boosted by higher revenues. It had posted a net profit of Rs 35 lakh in the corresponding period last year, the company said in a BSE filing. The company’s total revenue more than […]
China building solar, hydro projects with new military bases built near LAC with India – EQ Mag
The military face-off between India and China has been going on for more than three years after the Chinese side tried to change the status- quo at the LAC in eastern Ladakh in May 2020. By Manjeet Negi : China is building solar and hydro projects along the new bases it has built near the […]
1.5 TW of wind, solar capacity needed each year by 2030 to meet 1.5 degrees limit – EQ Mag
The installation of new wind and solar power must happen five times faster by 2030, at a rate of 1.5 TW per year, according to a new analysis that imposes sustainability restrictions and minimises the need for carbon dioxide removal (CDR). This is necessary to keep global warming to 1.5 degrees Celsius. By the end […]
France Installed 601 MW New Solar During Q1/2023; Counts 18.5 GW Capacity In Queue – EQ Mag
France has reported 601 MW newly installed solar PV capacity in Q1/2023 Country’s cumulative installed PV capacity as of March 31, 2023 stood at 17.15 GW Project capacity in queue has increased by 10% since the beginning of the year to 18.5 GW, including 4.4 GW with a signed connection agreement French solar PV installations […]
Share of solar, wind energy in generation capacity mix rise to 26 per cent as of March 2023: CEA – EQ Mag
Renewable energy based capacity of 180.4 GW is required by 2030 additional to the 117 GW, which is currently under the implementation stage New Delhi : The share of solar and wind power energy in the generation capacity mix of the country has increased to 26 per cent as of March, 2023 from 9 per […]
Avaada Energy bags 560 MW of solar in Maharashtra auction – EQ Mag pro
Indian renewables developer Avaada Energy said it had won a 560-MW solar power project in an e-reverse auction in the state of Maharashtra. The auction was conducted by utility company in the Indian state, Maharashtra State Electricity Distribution Co Ltd (MSEDCL). The solar project was awarded through competitive bidding, followed by an e-reverse auction. Avaada […]
India, Taiwan can collaborate on offshore wind, solar, electric mobility: Experts – EQ Mag
Washington DC: India and Taiwan can collaborate on offshore wind, solar energy and electric mobility, experts have said. “Taiwan is the largest producer of solar wafers which could feed into India’s renewable energy and battery programme,” said Kartikeya Singh, Director, Global Energy Futures Initiative. The two sides, he said, can also collaborate on electric mobility […]
South Africa’s Attacq looks to solar to reduce reliance on diesel- EQ Mag
JOHANNESBURG : Attacq plans to reduce its reliance on diesel generators used to keep the lights on at its shopping malls, opting for solar and battery power to cope with the rising costs from the energy crisis in South Africa. State electricity utility Eskom is implementing the worst rolling blackouts on record, leaving households in […]
Maharashtra: Rs 75,000 crore investment for green hydrogen, solar, wind energy – EQ Mag
Shinde-Fadnavis government’s first budget focuses on sustainable agriculture, prosperous farmers, inclusive for women, tribals, backward class, among other schemes The Eknath Shinde-Devendra Fadnavis government on Thursday presented its first budget, a massive ₹5,47,450 crore for the next financial year 2023-24, based on the principle of ‘Panchamrut’, with a focus on farmers, women, tribals, development of […]
Solar for all? US cities take green power to low-income homes
“WASHINGTON – To hear Emil King tell it, the benefits of the 8,000-odd solar panels shimmering before him on an industrial lot in Washington D.C. go far beyond helping the U.S. capital city fight climate change. The city-administered solar park was built on polluted land that had become an eyesore, and the power it produces […]
