In Short : A survey reveals that high installation costs are a significant barrier to adopting rooftop solar power in India. Financial constraints deter many households and businesses from investing in solar energy, slowing the transition to sustainable energy solutions. In Detail : High cost of installation and lack of skilled workforce are among the […]
Renewable Energy Companies Planning Setting up Green Hydrogen Plants Overseas – EQ
In Short : Renewable energy companies are planning to establish green hydrogen plants overseas. These international ventures aim to tap into global markets, optimize production costs, and advance the adoption of green hydrogen as a sustainable energy source. In Detail : Indian renewable energy companies are ramping up their green hydrogen initiatives both locally and […]
India Ranks 63rd in the Global Energy Transition Index – EQ
In Short : India ranks 63rd in the Global Energy Transition Index. The ranking reflects the nation’s ongoing efforts in energy system modernization and renewable energy expansion, while highlighting areas needing improvement to accelerate the shift towards sustainable energy. In Detail : The World Economic Forum (WEF) just released the Global Energy Transition Index on […]
Budget push for green energy expansion likely – EQ
In Short : India’s budget is expected to prioritize green energy expansion, allocating increased funds for renewable energy projects and infrastructure. This push aims to accelerate the transition to clean energy, supporting sustainability goals and enhancing energy security. In Detail : The PHD Chamber of Commerce and Industry has also recommended to the finance ministry […]
Renewable energy companies look abroad for green hydrogen plants – EQ
In Short : Renewable energy companies are increasingly looking abroad to develop green hydrogen plants. This international expansion aims to leverage global resources and markets, supporting the growth of green hydrogen as a key component in the global energy transition. In Detail : Hero Future Energies (HFE), part of Hero Group, is evaluating deployment of […]
India is likely to add 30 GW of power generation in FY25, with 80% from renewable energy sources: ICRA – EQ
In Short : ICRA forecasts India will add 30 GW of power generation in FY25, with 80% sourced from renewables. This significant increase highlights the country’s focus on expanding clean energy capacity to meet growing electricity demand and sustainability targets. In Detail : India plans to add 30 GW of power generation capacity in FY25, […]
India fossil fuel consumption up 8% in 2023 – EQ
In Short : India’s fossil fuel consumption increased by 8% in 2023, reflecting continued reliance on traditional energy sources amid economic growth. This rise highlights challenges in balancing energy demands with sustainability goals and transitioning to cleaner alternatives. In Detail : Dubai : Fossil fuel consumption in India rose 8 per cent in 2023, accounting […]
India ranks 63rd on Energy Transition Index, Sweden on top: WEF – EQ
In Short : India ranks 63rd on the Energy Transition Index, according to the World Economic Forum (WEF). Sweden holds the top position, reflecting its advanced progress in clean energy adoption and sustainability, while India continues to develop its energy transition efforts. In Detail : India has been ranked 63rd on a global Energy Transition […]
Clean Energy Revolution Key To India’s Sustainable Growth – EQ
In Short : A clean energy revolution is crucial for India’s sustainable growth. Expanding renewable energy sources and implementing eco-friendly technologies will drive economic development, reduce carbon emissions, and ensure energy security, positioning India as a global leader in sustainability. In Detail : India’s progress towards renewable energy transformation embodies environmental stewardship, economic growth, and […]
Record energy use in Delhi: Power demand hits historic 8647 MW – EQ
In Short : Delhi’s power demand reached a historic high of 8,647 MW, setting a record for energy use in the city. This surge highlights the growing electricity needs and challenges in managing power supply during peak periods. In Detail : The extreme heatwave continues to push the city’s power demand northwards, soaring to 8,647 […]