Karnataka will soon be the flagbearer of the country’s renewable energy sector as it is already the single largest ethanol production hub in Asia, opined an expert panel on energy spoke at Global Investors’ Meet in Bengaluru on Thursday. The country has the mandate to meet 50% of its energy requirements through renewable sources, which […]
Developing Economies Will Need $1 Trillion In Renewable Energy Sector To Achieve Net-Zero Target: IMF – EQ Mag Pro
Observing that emerging markets and developing economies account for two-thirds of global greenhouse gas emissions and many are highly vulnerable to climate hazards, the International Monetary Fund said these developing economies would need significant climate financing in the coming years to reduce their emissions and to adapt to the physical effects of climate change. The […]
IREDA awarded for best performing NBFC for highest Loan Sanctions and Disbursements in 2021-22 in the Renewable Energy Sector – EQ Mag Pro
IREDA awarded for best performing NBFC for highest Loan Sanctions and Disbursements in 2021-22 in the Renewable Energy Sector Union MoS for New & Renewable Energy presents award to CMD, IREDA Indian Renewable Energy Development Agency Ltd. (IREDA) received an award from the Association of Renewable Energy Agencies of States (AREAS) for best performance in […]
RENEWABLE ENERGY SECTOR DEFIES SUPPLY CHAIN CHALLENGES TO HIT A RECORD FIRST-HALF FOR NEW INVESTMENT – EQ Mag Pro
BloombergNEF reports an 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226 billion London : Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year. The uptick in investment reflects […]
Tata Power to skill 3,000 youths to work in renewable energy sector – EQ Mag Pro
Tata Power on Friday said it will give training to 3,000 youths this fiscal in the field of renewable industry. The company aims to train a total of 5,000 youths by 2025 to work in the sector, Tata Power said in a statement. “Tata Power Skill Development Institute ( TPSDI) has so far trained 1.4 […]
Renewable energy sector has potential to employ 10 lakh individuals by 2030, says IREDA – EQ Mag Pro
For waste-to-energy projects, IREDA has raised the exposure limit to 70 per cent of the project cost. The country’s renewable energy sector has potential to employ 10 lakh individuals by 2030, IREDA Chairman & Managing Director Pradip Kumar Das said on Tuesday. “India’s Renewable Energy (RE) sector could potentially employ around 10 lakh people by […]
Record US$14.5 billion investment in Indian renewable energy sector in last financial year – EQ Mag Pro
Investment will need to more than double for India to reach 2030 renewables target Investment in renewable energy in India reached a record US$14.5 billion in the last financial year (FY2021-22), an increase of 125% compared to FY2020-21 and 72% over pre-pandemic FY2019-20, finds a new report by the Institute for Energy Economics and Financial […]
The Indian renewable energy sector is becoming increasingly driven by Private Sector – EQ Mag Pro
Author : Mr. Shreyas Gowda, Vice President (Sales & Products) of Oorjan Cleantech Climate change has posed a major life-threatening risk globally. According to the International Panel on Climate Change (IPCC) report, the global temperature may rise by 1.5 degrees Celsius by 2040. To maintain the same trajectory of global temperature at 1.5 degrees Celsius, […]
Jindal Stainless keen to invest in renewable energy sector: MD Abhyuday Jindal – EQ Mag Pro
The capacities will be both solar and wind,” Jindal said speaking on the sidelines of the Global Stainless Steel Expo (GSSE) 2022. Jindal Stainless Limited (JSL) is keen make an investment in the renewable energy sector to set up 300 MW solar and wind capacities in three states, its MD Abhyuday Jindal said. There will […]
India’s renewable energy sector can employ 1 mn people by 2030: Study – EQ Mag Pro
India’s renewable energy sector has the potential to employ around one million people by 2030, and most of the new jobs would be generated by small-scale renewable energy projects, according to a study. India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing […]