In Short : The Asian Development Bank approved a $200 million loan to modernize Sri Lanka’s power sector, focusing on renewable energy integration, infrastructure upgrades, and digitalization. The project includes grid-scale battery storage, expanded transmission networks, and automation systems. It also supports gender-inclusive initiatives and aims to boost renewable energy’s share to 70% by 2030. […]
ADB Supports Asia’s First Sovereign Sustainability-Linked Bond in Thailand – EQ
In Short : Thailand has issued Asia’s first sovereign sustainability-linked bond (SLB), supported by the Asian Development Bank (ADB). The bond ties financial terms to achieving sustainability performance targets, advancing Thailand’s climate goals, including net zero emissions by 2050. This milestone showcases innovative financing, inspiring other Asian nations to adopt sustainable financial instruments for environmental […]
Over 60 pc sustainability startups call for increased govt support to boost funding in segment: Survey – EQ
In Short : A survey reveals that over 60% of sustainability-focused startups in India seek increased government support to enhance funding opportunities in the sector. These startups highlight challenges such as limited access to capital, regulatory hurdles, and insufficient incentives. Enhanced policy measures and financial backing are seen as critical for scaling green innovations and […]
India Partners with Island Nations to Boost Solar Energy and Sustainability – EQ
Kolkata Metro takes green step, launches rooftop solar plant in Tollygunge to reduce carbon footprint – EQ
In Short : Kolkata Metro has launched a rooftop solar plant at its Tollygunge station, marking a significant step toward sustainability. This initiative aims to reduce the metro’s carbon footprint by harnessing renewable energy for operations. By integrating solar power, the project aligns with India’s green energy goals, promoting eco-friendly urban transit and energy efficiency […]
India’s Journey Towards Green Hydrogen Energy Generation: Implementation Of National Green Hydrogen Mission – EQ
In Short : India’s National Green Hydrogen Mission aims to produce 5 MMT of green hydrogen annually by 2030, reducing fossil fuel dependence and advancing decarbonization. Backed by ₹19,744 crores, it focuses on renewable energy integration, infrastructure development, and industrial applications. The initiative positions India as a global leader in green energy, fostering sustainability, economic […]
ADB, Tuvalu Commission Latest Achievements of Clean Energy Project in Funafuti – EQ
In Short : The Asian Development Bank (ADB) and Tuvalu’s government have made significant strides in clean energy in Funafuti. Their collaboration has led to the successful installation of solar power systems, reducing reliance on fossil fuels and enhancing energy sustainability. This initiative contributes to Tuvalu’s goal of achieving a low-carbon economy while addressing climate […]
LONGi’s Solar Panels Enhance Sustainability in Bengaluru’s Residential Complex – EQ
In Short : LONGi’s solar panels have been installed in a residential complex in Bengaluru, enhancing sustainability and promoting clean energy usage. This installation is part of a broader effort to reduce carbon footprints and reliance on non-renewable energy sources. The advanced solar technology offers efficient energy generation, lower electricity bills for residents, and contributes […]
$100 Million ADB Loan to Strengthen Armenia’s Fiscal Sustainability and Financial Markets Development – EQ
In Short : The Asian Development Bank (ADB) has approved a $100 million loan to Armenia to enhance fiscal sustainability and develop financial markets. The loan aims to improve public finance management, strengthen budget planning, and promote financial inclusion. It also supports the development of capital markets and institutional capacity, helping Armenia build economic resilience […]
Union Minister Shri Manohar Lal reviews the power sector scenario for Tamil Nadu at Chennai – EQ
In Short : Union Minister Shri Manohar Lal held a review meeting in Chennai to assess Tamil Nadu’s power sector. Discussions focused on current power generation and distribution, energy efficiency, and the integration of renewable sources. The meeting aimed to address challenges in the power supply chain, ensuring the state meets its energy demands while […]