In Short : The Chairman and Managing Director of IREDA emphasized the crucial role of renewable energy in India’s journey toward achieving net zero targets. Highlighting the need for increased investment and innovation in clean energy technologies, he underscored that transitioning to renewables is essential for sustainable development and climate action. This commitment is vital […]
Borosil Group expects to cross Rs 7,000-crore revenue mark in 4 years – EQ
In Short : Borosil Group projects revenues to exceed ₹7,000 crore within four years. The company aims to achieve this growth through strategic expansions and enhanced product offerings across its glassware and consumer goods divisions. With a focus on innovation and sustainability, Borosil is committed to strengthening its market position and catering to increasing consumer […]
IFSC’s First Finance Company for Power & Infrastructure lending i.e. PFC Infra Finance IFSC Limited to commence operations – Receives approval from IFSCA – EQ
In Short : PFC Infra Finance IFSC Limited, the first finance company for power and infrastructure lending under the International Financial Services Centres Authority (IFSCA), is set to commence operations following approval from the IFSCA. This new initiative aims to enhance funding for power and infrastructure projects, facilitating growth and development in these critical sectors […]
India’s renewable investments hit ₹8.5 lakh crore, says MNRE Secretary Singh – EQ
In Short : India’s renewable energy investments have reached ₹8.5 lakh crore, according to MNRE Secretary Singh. This milestone reflects the country’s strong commitment to expanding its renewable energy capacity and transitioning to cleaner energy sources. The significant investment underscores the government’s efforts to promote sustainable development and achieve ambitious energy targets, positioning India as […]
SWREL Attains Highest Ever Unexecuted Order Value of more than INR 10,500 crore – EQ
Key Highlights ~ YoY revenue growth of 36%; QoQ revenue growth of 13% ~ 3rdconsecutive quarter of PAT ~ Gross margin continues to remain stable at ~10% ~ New domestic orders/LOI of around INR 2,050 crore during the quarter Mumbai – Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), […]
ADB, Partners Open Renewable Based Minigrid to Deliver Clean Electricity to Niuafo’ou – EQ
In Short : The Asian Development Bank (ADB) and partners have launched a renewable-based minigrid project to provide clean electricity to Niuafo’ou, Tonga. Utilizing solar power, the initiative aims to reduce reliance on fossil fuels, lower electricity costs, and improve local living standards. This project highlights the Pacific region’s commitment to sustainable energy solutions and […]
IEA Renewables 2024 – Massive global growth of renewables to 2030 – EQ
In Short : The IEA’s Renewables 2024 report highlights significant global growth in renewable energy, projecting a substantial increase by 2030. Factors driving this expansion include declining costs, technological advancements, and supportive government policies. As countries prioritize sustainability and energy security, renewables are expected to play a pivotal role in meeting global energy demands, contributing […]
Union Minister Shri Pralhad Joshi to embark on a three-day tour to Germany to strengthen India’s cooperation in the field of sustainable development and renewable energy – EQ
In Short : Union Minister Shri Pralhad Joshi will undertake a three-day visit to Germany to enhance India’s collaboration in sustainable development and renewable energy. During his trip, he will engage with key stakeholders to explore opportunities for joint initiatives and investments in green technologies. This visit underscores India’s commitment to addressing climate change and […]
India’s Jakson Green nears $476 mln fundraise for renewables capacity expansion – EQ
In Short : India’s Jakson Green is close to securing $476 million to expand its renewable energy capacity. This funding will support the company’s initiatives in solar, wind, and other clean energy projects, aiming to enhance its infrastructure and contribute to sustainable energy solutions. The investment reflects growing confidence in the renewable sector and aligns […]
India’s Renewable Energy Boom: Job Creation and Sustainable Growth – EQ
In Short : India’s renewable energy sector is experiencing a significant boom, contributing to job creation and sustainable growth. With ambitious targets for solar, wind, and other clean energy sources, the government is driving investments that not only reduce carbon emissions but also generate millions of jobs. This transition fosters economic resilience, promotes innovation, and […]