In Short : Asian Development Bank (ADB) President Masatsugu Asakawa reinforced the ADB–US partnership during his recent US visit, highlighting the importance of private sector-led growth in Asia and the Pacific. He emphasized deeper collaboration with the US to mobilize private capital, support climate action, and drive sustainable development, positioning the private sector as a […]
Tesla Eyes India: A Strategic Move Toward Growth and Green Mobility – EQ
In Short : India is courting Tesla with policy incentives and tariff cuts to boost local EV production, while blocking Chinese rival BYD’s investment. For Tesla, entering India offers access to a fast-growing market amid declining global deliveries. Local manufacturing could cut costs and align with India’s green goals, though regulatory hurdles and infrastructure gaps […]
NTPC records 438.6 BU Power Generation in FY25, Marks 3.88% YoY Growth – EQ
In Short : NTPC generated 438.6 BU of power in FY25, marking a 3.88% YoY growth. The company added 3,972 MW capacity, reaching nearly 80 GW. With 32 GW under construction, including 15 GW in renewables, NTPC targets 60 GW green energy by 2032. It is also expanding into e-mobility, battery storage, and green hydrogen […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand surged in 2024, growing nearly twice the recent average. Driven by economic recovery, industrial growth, extreme weather, and rising AI-driven power needs, demand spiked across fossil fuels and electricity. China, India, and data centers led the surge. The imbalance strained supply chains, increased prices, and raised carbon emissions, challenging […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand witnessed a sharp surge in 2024, growing nearly twice the recent average, driven by economic recovery, industrial expansion, and extreme weather events. Increased consumption of electricity, oil, and gas intensified supply challenges, highlighting the urgent need for accelerated renewable energy deployment and energy efficiency measures to balance rising demand […]
India Plans Massive $600 Billion Investment to Power Sustainable Growth Over Next Decade – EQ
In Short : India plans to invest $600 billion in its power sector over the next decade, according to a recent report. The investment will focus on expanding renewable energy, upgrading transmission infrastructure, and ensuring reliable power supply. This massive push aims to support the country’s growing energy demand, boost clean energy capacity, and drive […]
Driving Renewable Energy Growth: Policy Reforms, Climate Finance, and Innovation Key to Scaling Investments – EQ
In Short : Policy reforms and climate finance are vital to scaling renewable energy investments, says IIT Madras Research Park. Clear regulations, incentives, and carbon pricing can boost renewables, while climate finance mobilizes capital and mitigates risks. Innovations in technology and global cooperation further accelerate the transition. Public awareness and stakeholder engagement ensure equitable benefits, […]
Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand – EQ
In Short : Global electricity demand is expected to grow by 4% annually through 2027, driven by data centers, electric vehicles, and manufacturing. China and India will be major contributors to this surge. Renewable energy is set to meet most of the demand, potentially stabilizing carbon emissions from power generation, according to the International Energy […]
India Powers Ahead: Expanding Transmission and Accelerating Clean Energy Growth – EQ
In Short : India’s power transmission network expanded 70% in a decade, boosting grid reliability. Non-fossil fuel capacity surged 180%, with renewables now 44% of total capacity. Solar and wind led growth, supported by policies like the Green Energy Corridor. India, a global renewable leader, aims for 500 GW non-fossil capacity by 2030, advancing towards […]
Gensol Engineering Sees 42% Revenue Growth, Secures Major Solar EPC Contracts – EQ
In Short : Gensol Engineering reported a 42% YoY revenue growth, reaching ₹10.56 billion in FY2025’s first nine months. The company also saw a 34% rise in profit and a 89% increase in EBITDA. Gensol secured major EPC contracts, including a ₹10.62 billion project for 275 MW solar in Gujarat. The company’s solar EPC order […]