In Short : Maruti Suzuki plans to become India’s largest electric vehicle (EV) manufacturer within a year. The company is ramping up its efforts to capture a significant share of the growing EV market, focusing on new model launches, expanding its production capacity, and enhancing its EV infrastructure. This move aligns with the increasing demand […]
Vikram Solar Partners with JSW Neo Energy to Drive India’s Solar Energy Expansion – EQ
In Short : Vikram Solar has secured a significant order from JSW Neo Energy, marking a major milestone in the company’s expansion within the renewable energy sector. This collaboration underscores the growing demand for solar energy solutions as companies increasingly pivot towards sustainable power sources. The order is expected to bolster Vikram Solar’s production capabilities […]
PM Modi Unveils Vision for India’s Future Mobility with Focus on EVs, Clean Energy, and Innovation – EQ
In Short : Prime Minister Modi outlined the need for mobility solutions based on seven principles: Common, Connected, Convenient, Congestion-Free, Charged, Clean, and Cutting-Edge. Highlighting a 640% growth in EV sales over the past decade, he projected an eight-fold increase in sales by 2030. Modi emphasized India’s role in leading innovation in the automotive industry, […]
India’s power sector has investments opportunity of Rs 40 trn over next decade: Motilal Oswal – EQ
In Short : According to a report by Motilal Oswal, India’s power sector presents an investment opportunity of ₹40 trillion over the next decade. This growth potential is driven by the country’s focus on renewable energy, infrastructure upgrades, and increasing electricity demand. The report highlights significant prospects in solar, wind, and grid expansion, positioning India […]
Advancing India’s Solar Energy Ambitions under the National Solar Mission – EQ
In Short : India is advancing its solar energy ambitions under the National Solar Mission, aiming to significantly increase its solar power capacity. This initiative focuses on scaling up solar installations, fostering innovation, and enhancing energy security. Through policy support, investments, and technological advancements, India seeks to position itself as a global leader in solar […]
India’s renewable energy capacity rises 15.84% to 209.44 GW in 2024: MNRE – EQ
In Short : India’s renewable energy capacity has grown by 15.84% year-on-year, reflecting the nation’s strong push toward sustainable energy. This surge is fueled by government initiatives, increased investments, and technological advancements across solar, wind, hydro, and bioenergy sectors. The growth aligns with India’s goals to reduce fossil fuel dependence, enhance energy security, and meet […]
India’s Solar capacity to reach 214GW by 2030, 66% of incremental addition to come from Solar: Report – EQ
In Short : India’s solar power capacity is expected to soar to 214 GW by 2030, with solar energy contributing 66% of the country’s incremental capacity addition, according to a recent report. This significant growth underscores the nation’s focus on renewable energy to meet its rising power demands and climate goals. The report highlights solar […]
India’s Renewable Energy Sector Witnesses Unprecedented Growth with ₹28 Lakh Crore Investments – EQ
In Short : Renewable energy projects account for over ₹28 lakh crore in Renewable Resource (RR) Memorandums of Understanding (MoUs). This substantial investment underscores the growing focus on renewable energy in India’s development agenda, reflecting the country’s commitment to sustainable growth and reducing its carbon footprint through enhanced clean energy initiatives. In Detail : Renewable […]
CEA Updates CO₂ Baseline Database, Highlighting India’s Renewable Energy Progress and Emission Reductions – EQ
In Short : The Central Electricity Authority (CEA) has updated its CO₂ Baseline Database for India’s power sector, showcasing progress in renewable energy integration and emission reductions. In 2023-24, renewable energy generation increased to 225.83 billion units. The database tracks emissions across all power stations, helping evaluate the impact of renewable energy and supporting India’s […]
Omkareshwar Floating Solar Park showcases scale and ambition of India’s clean energy goals: Union Minister Pralhad Joshi – EQ
In Short : Union Minister Pralhad Joshi highlighted the Omkareshwar Floating Solar Park as a testament to India’s ambitious clean energy targets. The project exemplifies the country’s commitment to expanding renewable energy capacity and reducing carbon emissions. As one of the largest floating solar parks, it underscores India’s dedication to innovative solutions in the transition […]