1. Home
  2. Business & Finance

Business & Finance

Global clean energy investment hits record $1.8 trillion, but COP28 targets at risk – EQ

In Short : Global clean energy investment reached a record $1.8 trillion, yet COP28 targets remain at risk. Despite the unprecedented funding, further efforts are needed to meet climate goals and accelerate the transition to sustainable energy solutions. In Detail : The climate policies adopted by other countries are currently not on track to fulfil […]

India and Bangladesh ink pacts to strengthen maritime ties, blue economy – EQ

In Short : India and Bangladesh have signed agreements to enhance maritime ties and boost the blue economy. These pacts aim to improve maritime cooperation, support sustainable ocean resource management, and promote economic development in coastal regions. In Detail : India and Bangladesh have signed crucial agreements to enhance cooperation in the maritime sector and […]

IREDA bond issue raises Rs 1500 crore, oversubscribed 2.65 times – EQ

In Short : IREDA’s bond issue raised ₹1,500 crore, being oversubscribed 2.65 times. The strong investor interest underscores confidence in the organization’s ability to finance renewable energy projects and support India’s clean energy transition. In Detail : State-owned Indian Renewable Energy Development Agency (Ireda) on Friday said it has raised Rs 1,500 crore through a […]

IOCL and GPS Renewables Collaborate for Sustainable Energy Solutions – EQ

In Short : IOCL and GPS Renewables have collaborated to develop sustainable energy solutions. This partnership focuses on enhancing clean energy production, optimizing waste-to-energy technologies, and supporting India’s transition to renewable energy sources. In Detail : Indian Oil Corporation Limited (IOCL) collaborated with GPS Renewables Pvt Ltd, a biofuels company, to advance sustainable energy solutions […]

Record $1.8 trillion investment in renewables made in 2023 not enough to meet COP28 goals, says EY report – EQ

In Short : An EY report reveals that a record $1.8 trillion investment in renewables in 2023 is insufficient to meet COP28 goals. Additional funding and accelerated efforts are necessary to address climate targets and transition to sustainable energy. In Detail : A record $1.8 trillion pumped into clean energy in 2023 globally may still […]

Masdar and GEK TERNA Strike Landmark €3.2bn Deal. UAE Renewables Champion to Acquire Greece’s TERNA ENERGY – EQ

In Short : Masdar and GEK TERNA have finalized a landmark €3.2 billion deal for Masdar to acquire Greece’s TERNA ENERGY. This acquisition enhances Masdar’s renewable energy portfolio and expands its presence in the European energy market. In Detail : Deal represents largest ever energy transaction on Athens Stock Exchange, and one of largest in […]

Will invest $100 bn in energy transition over next decade: Gautam Adani – EQ

In Short : Gautam Adani announces a $100 billion investment in energy transition over the next decade. This investment focuses on advancing renewable energy projects, green hydrogen, and related technologies to drive sustainable growth and reduce carbon emissions. In Detail : Besides building solar parks to produce electricity from sunlight and wind farms that do […]

Cabinet approves Rs 2,870 cr for Varanasi airport’s development, to get new terminal, expanded runway – EQ

In Short : The Cabinet has approved ₹2,870 crore for developing Varanasi airport. The project includes constructing a new terminal and expanding the runway, aiming to enhance passenger capacity, improve infrastructure, and support the region’s economic growth. In Detail : Expansion of the international airport, which will be funded by Airports Authority of India’s internal […]