India’s renewable energy revolution: A multi-trillion-dollar economic transformation ahead – EQ
In Short : India’s renewable energy revolution promises a multi-trillion-dollar economic transformation. This shift towards sustainable energy sources is expected to drive significant economic growth, create jobs, and reduce carbon emissions, positioning India as a global leader in clean energy. In Detail : Mirroring the success of China in leveraging clean energy to drive economic […]
Godrej & Boyce sets new benchmark in green energy with India’s largest rooftop solar project – EQ
In Short : Godrej & Boyce has set a new benchmark in green energy by completing India’s largest rooftop solar project. This initiative underscores the company’s commitment to sustainability and contributes significantly to the country’s renewable energy capacity. In Detail : Godrej Electricals & Electronics has announced the commissioning of a 12.5MWp rooftop solar project […]
INDIA’S SOLAR OUTPUT GROWS AT SLOWEST PACE IN SIX YEARS IN FIRST HALF OF 2024 – EQ
In Short : According to government data, India’s solar power generation grew at the slowest pace in six years in the first half of 2024, as the country further stepped up reliance on coal to address surging power demand,t the Reuters reported. Coal-powered electricity grew 10.4% during the six months ending June 30, a review […]
Union Budget 2024 Ratul Puri Calls for Policy Boost and AI Revolution to Achieve India’s Ambitious Power Targets – EQ
In Short : In the Union Budget 2024, Ratul Puri advocates for a significant policy boost and the integration of AI technology to help India meet its ambitious power targets. He emphasizes the need for strategic initiatives and technological advancements to drive the country’s energy sector forward, ensuring sustainable and efficient power generation to meet […]
Budget 2024: What does India’s power sector expects from FM Sitharaman – EQ
In Short : In Budget 2024, India’s power sector expects Finance Minister Nirmala Sitharaman to announce increased funding for green energy projects, support for domestic manufacturing, and incentives for technology adoption to enhance renewable capacity and grid resilience. In Detail : Ahead of the Union Budget 2024, reports suggest that the power sector is a […]
India’s solar output grows at slowest pace in six years in first half of 2024 – EQ
In Short : India’s solar output grew at its slowest rate in six years during the first half of 2024. This decline in growth highlights challenges in the solar sector, necessitating strategic measures to revitalize expansion and meet energy targets. In Detail : The share of the fossil fuel in power output rose to 77.1% […]
India’s power demand may cross 400 GW mark by 2031-32: Power Secretary – EQ
In Short : India’s power demand is projected to surpass 400 GW by 2031-32, according to the Power Secretary. This anticipated surge underscores the need for robust infrastructure and enhanced energy production capabilities to meet future requirements. In Detail : The government projection for this year’s peak power demand was 260 GW India’s peak power […]
Renewables can cut 17% of India’s heavy industry emissions by 2030 – EQ
In Short : Adopting renewable energy can reduce India’s heavy industry emissions by 17% by 2030. This shift to cleaner energy sources is crucial for lowering greenhouse gas emissions and supporting the nation’s climate action and sustainability goals. In Detail : Greening electricity use can reduce the 2030 emissions from India’s heavy industries by 17%, […]
India’s Net Zero Ambitions To Drive Copper Demand, Says HCL CMD
According to ICRA, domestic refined copper demand growth is expected to remain healthy at 11 per cent in FY25, outpacing the rate of global growth in copper demand, given the Centre’s thrust on infrastructure development and a gradual transition to renewable energy The demand for copper, a key component in electric vehicles, will go up […]
