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Sungrow Forges 850 MW Inverter Supply Contract with Hero Future Energies in India – EQ

July 19, 2024 Anand Gupta

In Short : Sungrow has signed an 850 MW inverter supply contract with Hero Future Energies in India. This partnership aims to support large-scale solar projects, enhancing renewable energy capacity and contributing to India’s clean energy goals. In Detail : NEW DELHI : Sungrow, a leading global PV inverter and energy storage system provider for […]

ADB to Expand Support for Turkmenistan — ADB Vice-President

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ADB approves $240.5 million loan for rooftop solar systems in India – EQ

July 19, 2024 Anand Gupta

In Short : The Asian Development Bank (ADB) has approved a $240.5 million loan to support the installation of rooftop solar systems in India. This funding aims to accelerate the adoption of renewable energy, reduce carbon emissions, and enhance energy security in the country. In Detail : The ADB announced on Wednesday that this financing […]

Details of major schemes launched by the Ministry of Power since 2014

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Rejoinder to Financial Express Article on Transmission Projects – EQ

July 19, 2024 Anand Gupta

In Short : The Financial Express article titled “Power projects worth Rs.44,000 Cr delayed, may hit plan to boost supply” (July 18, 2024) contains inaccurate information regarding POWERGRID’s transmission projects. In Detail : Clarifying the Record Out of 50 projects worth Rs.60,439 Cr being implemented by POWERGRID the article inaccurately claims 18 projects worth Rs. […]

MNRE Extends Timeline for ‘One Sun One World One Grid’ Plan on Request

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Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ

July 18, 2024 Anand Gupta

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana For more information please see below link:

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Waaree Renewable secures EPC contract for 22 MW solar project with ISMT – EQ

July 18, 2024 Anand Gupta

In Short : Waaree Renewable has secured an EPC (Engineering, Procurement, and Construction) contract for a 22 MW solar project with ISMT. This partnership highlights ongoing efforts to expand solar energy infrastructure and promote sustainable energy solutions in India. In Detail : Waaree Renewable Technologies (WRTL), a subsidiary of Waaree Energies, has won a contract […]

India seeks exemptions for MSMEs from EU’s carbon tax Sources

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EU’s carbon tax could cost India 0.05 per cent of GDP Report – EQ

July 18, 2024 Anand Gupta

In Short : The EU’s carbon tax (CBAM) could reduce India’s GDP by 0.05%, impacting exports of carbon-intensive goods like steel. This measure, aimed at encouraging global greener practices, may increase costs for Indian exporters, reducing their competitiveness in the EU market. In Detail : New Delhi : The European Union’s Carbon Border Adjustment Mechanism […]

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Union Minister Shri Manohar Lal visits Damodar Valley Corporation headquarters – EQ

July 18, 2024 Anand Gupta

In Short : DVC may explore the equity market for fund raising for its future growth plans, suggests Union Minister In Detail : Union Minister of Power and Housing and Urban Affairs, Shri Manohar Lal, made his maiden visit to the headquarters of Damodar Valley Corporation in Kolkata today. The Minister reviewed the performance of […]

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SECI Solar + ESS 1200 MW with 600 MW/1200 MWh – EQ

July 17, 2024 Anand Gupta

SECI Solar + ESS 1200 MW with 600 MW/1200 MWh For more information please see below link:

Just Climate raises $1.5 billion with help from Microsoft fund

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HSBC launches new climate-focused infrastructure finance unit – EQ

July 17, 2024 Anand Gupta

In Short : HSBC has launched a new climate-focused infrastructure finance unit. This initiative aims to support sustainable projects, addressing climate change by financing green infrastructure. The new unit will focus on renewable energy, clean transportation, and other eco-friendly projects, promoting a transition to a low-carbon economy. In Detail : HSBC launches new unit led […]

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Sungrow supplies Battery Energy Storage Systems to ENGIE project in Belgium – EQ

July 17, 2024 Anand Gupta

In Short : Sungrow has supplied Battery Energy Storage Systems (BESS) for an ENGIE project in Belgium. This collaboration aims to enhance the energy storage capacity and stability of the Belgian power grid, supporting the integration of renewable energy sources and contributing to the region’s sustainable energy goals. In Detail : Sungrow, a leading PV […]