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IFC, Axis Bank partner on $500 million blue finance loan to boost India’s green projects – EQ

In Short : The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million blue finance loan aimed at boosting green projects in India. This initiative focuses on financing sustainable water and climate-related projects, promoting environmental conservation and resilience. The partnership underscores a commitment to advancing India’s green finance sector and […]

Torrent Group to invest Rs 1.1 lakh-cr on RE, storage expansion – EQ

Rs 32.45 lakh crore pledged for green projects – EQ

In Short : At the RE-INVEST 2024 event, a commitment of ₹32.45 lakh crore (approximately $386 billion) was pledged by banks and financial institutions to support India’s green energy projects. This funding will help the nation reach its renewable energy target of 500 GW by 2030. The commitments also include expansions in manufacturing capacities for […]

Torrent Group to invest Rs 1.1 lakh-cr on RE, storage expansion – EQ

Iveda Wins Taiwan Power Co.’s 30-Year Green Project with Chunghwa Telecom

Today announced its selection by the Taiwan Power Co. (TPC) for a renewable energy initiative. The 30-year project has already yielded an initial order, booking new revenue for Iveda. According to GlobalData, Taiwan is expected to ramp up its solar deployment, which presents exponential revenue potential for Iveda. Iveda is the worldwide provider of IvedaAI™ […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ