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Bhagwant Khuba invites global investors to tap opportunities in India’s renewable energy space – EQ Mag Pro

Union Minister of State for New and Renewable Energy Bhagwant Khuba has invited global investors to invest in India’s clean energy industry, stressing that projects worth around USD 196.98 billion are underway in the sector. Addressing investors at a conference in Munich, Germany, Khuba said India offers a great opportunity for investments. ”Currently around USD […]

India doubles non-hydro renewable energy capacity to 15.5 GW in FY22: Report – EQ Mag Pro

At 15.5 GW, the addition of non-hydro renewable energy capacity was double from 7.7 GW installed in the preceding fiscal, the CEEW-Centre for Energy Finance (CEEW-CEF) Market Handbook said. The country added around 15.5 gigawatt capacity of non-hydro renewable energy during financial year 2021-22, a report said on Thursday. At 15.5 GW, the addition of […]

IEEFA: India’s power shortage crisis is an opportunity to spur the clean energy transition – EQ Mag Pro

Investing in thermal energy to help India through the power crisis will divert limited financial resources away from cheaper clean energy Continuing high temperatures in India are creating massive demand for electricity, which distribution companies struggle to meet. The power shortage crisis has revealed that the cost of coal-based generation is high and inflationary. The […]

Arendals Fossekompani, KONGSBERG, and Moreld join forces to develop a combined offshore substation and hydrogen factory – EQ Mag Pro

Hydepoint will contribute to solving several challenges related to the development and upscaling of offshore wind power. “Hydepoint is a complete solution for receiving, converting, and transmitting the full energy potential from offshore wind farms, with reduced dependence on the onshore power grid. Placed in the ocean, close to wind farms, Hydepoint can convert all […]