In Short : Fitch Ratings reports that India’s BBB- country ceiling and governance challenges impact Asia-Pacific renewable energy credit ratings. Among 13 issuers rated from ‘B’ to ‘BBB-‘, some are weighed down by these factors. While solar projects show stable performance, waste-to-energy and hydropower face variability. Long-term contracts and rising grid tariffs help offset risks […]
India’s Carbon Market Set to Reshape Emissions Landscape with Rising Credit Prices – EQ
In Short : India’s carbon credit prices are set to rise with the rollout of the Carbon Credit Trading Scheme (CCTS), expected by 2026. Covering key industrial sectors, the scheme will issue carbon credit certificates to encourage emissions reduction. Initial prices may start at $10 per ton, with further growth likely as demand increases, supporting […]
India’s Aluminium Sector to Invest ₹42,500 Crore in Renewable Energy, Adding 20 GW by 2030 – EQ
In Short : India’s aluminium sector plans to add 20 GW of renewable energy capacity by 2030, with an investment of ₹42,500 crore. This shift aims to reduce carbon emissions by integrating solar and wind power into aluminium production. Companies like Hindalco and Vedanta are leading the way, committing to renewable energy, while India targets […]
How India’s rooftop solar market is on a robust growth trajectory – EQ
In Short : India’s rooftop solar market is booming, with 4.59 GW added in 2024—a 53% rise over 2023—driven by government schemes like PM Surya Ghar. Projected to grow from 17 GW to 30 GW by FY27, the sector benefits from residential demand and digital initiatives. Despite financing and regulatory challenges, rooftop solar remains key […]
Switch Mobility Explores Ending UK Manufacturing as It Focuses on India’s EV Growth – EQ
In Short : Switch Mobility, a subsidiary of Ashok Leyland, may end manufacturing at its UK Sherburn facility due to economic challenges and slow EV adoption. The company will shift focus to India’s booming EV market, where it holds 1,800+ e-bus orders. UK operations will be supported from India and the UAE, while a £45 […]
India’s Power Generation Hits New High in March Amid Industrial Surge and Rising Demand – EQ
In Short : India’s power generation rose 8% year-on-year in March 2025 to 161 billion units, driven by strong industrial demand and rising temperatures, according to a Crisil report. Coal-based power remained dominant at 75%, while renewable energy grew 15.4%, boosting its share to 14%. Peak demand touched 235 GW, with record volumes traded on […]
India’s Renewable Energy Capacity Achieves Historic Growth in FY 2024-25 – EQ
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 […]
India’s Inox Solar secures land for 4.8-GW solar factory in Odisha – EQ
In Short : Inox Solar has secured land in Dhenkanal, Odisha, to set up a 4.8 GW solar module and cell manufacturing plant. With an investment of ₹4,000 crore, the project will be developed in two phases and create around 3,400 jobs. It supports Odisha’s goal to reach 7.5 GW solar capacity by 2030. In […]
CM Shri Bhupendra Patel Inaugurates India’s First Geared Electric Motorbike Plant by MATTER Company at Changodar – EQ
In Short : Gujarat CM Bhupendra Patel inaugurated India’s first geared electric motorbike plant by MATTER in Changodar, Ahmedabad. With a production capacity of 1.2 lakh units annually, the facility will generate 2,000 jobs. Aligning with India’s green goals, zero-emission bikes were handed over to Gujarat Police and Gir Forest Rangers, promoting sustainable mobility and […]
Solar Power Could Save Up To 10% For India’s Heavy Industries – EQ
In Short : India’s heavy industries, including steel, cement, and aluminum, could cut electricity costs by up to 10% by switching to solar power, according to a report by Ember. With a 20 GW open access solar opportunity, this shift could also slash 29 million tonnes of CO₂ annually, offering both economic and environmental benefits […]