In Short : The International Energy Agency (IEA) projects a massive 4,600 GW increase in global renewable power capacity by 2030—equivalent to the combined capacity of China, the EU, and Japan. Solar PV will lead nearly 80% of this growth, followed by wind and hydropower. Despite rapid expansion, the world still falls short of COP28’s […]
Surge in Lithium-Ion Cell Manufacturing as Multiple Firms Enter Growing EV and Energy Storage Market – EQ
In Short : Rising demand for electric vehicles, energy storage, and consumer electronics is prompting multiple companies to enter lithium-ion (Li-ion) cell production. Both domestic and international players are expanding manufacturing capacity to meet growing market needs. This surge in Li-ion cell production underscores the technology’s critical role in supporting the global clean energy transition […]
Data Centers Power Up as Driving Force Behind Global Renewable Energy Surge – EQ
In Short : Data centers are set to become the world’s largest consumers of renewable energy, outpacing industries like steel. Tech giants such as Google, Microsoft, and Amazon have already contracted nearly 34 GW of clean power to meet growing AI and cloud demands. With increasing reliance on solar, wind, BESS, and nuclear, data centers […]
CCS Set for $80 Billion Surge as Global Capacity Poised to Quadruple by 2030 – EQ
In Short : Global carbon capture and storage (CCS) investments are set to reach $80 billion in the next five years, with capacity expected to quadruple by 2030, according to DNV. Current capture stands at around 50 MtCO₂ annually. To meet climate goals, rapid infrastructure scaling, cost reductions, and supportive policies are essential for CCS […]
Surge in Investor Backing Powers Growth of Hybrid and AI-Driven Energy Storage Solutions – EQ
In Short : Hybrid energy storage firms are attracting strong investor interest. Torus secured $67 million to expand its commercial and utility-scale solutions, while Tyba raised $13.9 million to boost its AI-driven energy optimization platform. Accelergen received $20 million in bridge financing to support its 2.6 GW solar-storage projects. These investments highlight growing confidence in […]
Varanasi Railway Division Boosts Sustainability with Surge in Solar Power Generation – EQ
In Short : North Eastern Railway’s Varanasi Division generated 394,000 units of solar power from 2,253 kW rooftop panels, achieving a 2.59% increase over last year. Installed across stations, offices, and hospitals, the initiative saved ₹21.3 lakh and supports Indian Railways’ push toward clean energy and sustainability through expanded solar infrastructure. In Detail : The […]
India Strengthens Solar Manufacturing with Surge in Module and Cell Capacity in 2024 – EQ
In Short : In 2024, India added 25.3 GW of solar module and 11.6 GW of cell manufacturing capacity, raising totals to 90.9 GW and 40.7 GW, respectively. This growth was fueled by strong demand and the return of the ALMM policy. Around 80% of new module lines support advanced M10 and G12 wafer technologies, […]
India Accelerates Toward E-Mobility with Surge in EV Registrations – EQ
In Short : From 2016 to 2024, Odisha registered around 1.49 lakh electric vehicles, reflecting rising EV adoption. Nationally, India recorded 19.49 lakh EV sales in 2024, a 27% jump from 2023. Two-wheelers led the surge, followed by three-wheelers. Supportive government policies and growing infrastructure have propelled total EV registrations to over 45 lakh across […]
India’s solar panel exports surge as world looks beyond China – EQ
In Short : India’s solar panel exports have witnessed a significant surge as global markets seek alternatives to Chinese suppliers. Bolstered by government incentives and a robust domestic manufacturing push, India is emerging as a key player in the renewable energy supply chain. This growth highlights India’s potential to become a major hub for clean […]