In Short : India achieved record growth in renewable energy capacity in FY 2024-25, marking a key milestone in its green energy transition. Major contributions came from solar and wind sectors, boosting progress toward the 500 GW non-fossil fuel target by 2030. This growth reinforces India’s global leadership in clean energy and its commitment to […]
NTPC Announces Rs 96,000 Crore Investment in Chhattisgarh for Clean Energy Projects – EQ
In Short : NTPC Ltd. and its subsidiary NTPC Green Energy Ltd. will invest ₹96,000 crore in Chhattisgarh for clean energy projects. This includes a 4,200 MW nuclear plant worth ₹80,000 crore and a ₹5,876 crore pumped hydro storage project. Additionally, NTPC will develop 2 GW of renewable energy projects, strengthening the state’s power infrastructure […]
Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects – EQ
In Short : Welspun New Energy has signed an agreement with the Odisha government to invest ₹13,500 crore in clean energy projects. The initiative aims to boost renewable energy capacity in the state, supporting India’s transition to sustainable power. This partnership is expected to generate jobs, enhance green energy infrastructure, and contribute to Odisha’s economic […]
Biden offers $450M for clean energy projects at coal mines – EQ Mag
WASHINGTON : President Joe Biden’s administration is making $450 million available for solar farms and other clean energy projects at the site of current or former coal mines, part of his efforts to combat climate change. As many as five projects nationwide will be funded through the 2021 infrastructure law, with at least two projects […]
Department of Energy to award $50 million for clean energy projects on tribal lands – EQ Mag
The U.S. Department of Energy on Friday announced $50 million to help promote clean energy use on tribal lands. “This significant investment will strengthen tribal energy sovereignty by bolstering ongoing efforts to lower energy costs, increase energy security and resilience, and provide electric power to unelectrified buildings,” the Department of Energy said in a press […]
EPA outlines $27B ‘green bank’ for clean energy projects – EQ Mag
WASHINGTON : The Biden administration on Tuesday outlined how states and nonprofit groups can apply for $27 billion in funding from a “green bank” that will provide low-cost financing for projects intended to cut planet-warming greenhouse gas emissions. The so-called Greenhouse Gas Reduction Fund, created by Congress in the landmark climate law approved last year, […]
ADB Approves $5 Million Grant to Develop Clean Energy Projects in FSM – EQ Mag
MANILA, PHILPPINES : The Asian Development Bank (ADB) has approved a $5 million grant to help fund the preparation of ADB-supported clean energy projects in the Federated States of Micronesia (FSM). The grant will fund assessments, planning, and capacity building to promote energy efficiency and implement clean energy projects including solar and hydro. ADB is […]
Nitin Gadkari promises ropeways, clean energy projects for poll-bound Himachal Pradesh – EQ Mag Pro
Union Road Transport and Highways Minister Nitin Gadkari on Tuesday promised more ropeways, cable railway system, tunnels and clean energy projects for Himachal Pradesh which is going to poll on November 12. Addressing an election rally in the tribal area of Chamba district, Gadkari said constructing roads here is difficult and new-age projects can solve […]
Bread Financial supports The Nature Conservancy to fund outreach activities promoting environmental and socially responsible clean energy projects in India – EQ Mag Pro
Bread Financial commits funds worth ₹1,995,200 ($25,000) to The Nature Conservancy (TNC), a global environmental organisation dedicated to tackling climate change, and conserving land and water and water bodies The fund will be used by TNC for outreach activities to promote the SiteRight tool that helps to deploy utility-scale solar and wind energy projects on […]
SJVN to set up 10,000 MW clean energy projects in Rajasthan – EQ Mag Pro
SJVN Ltd NSE 0.72 % on Wednesday said the Rajasthan government has approved signing an MoU with the company for developing 10,000 MW renewable energy projects in the state entailing an investment of Rs 50,000 crore. These projects/parks will usher in socio-economic development in the state and will open up multiple direct and indirect employment […]