In Short : The Asian Development Bank (ADB) supports green development and drinking water security in Nepal through financing projects focused on clean energy, climate adaptation, and sustainable water management. ADB funds infrastructure for renewable energy, water supply, and sanitation, while promoting climate resilience and capacity-building. These initiatives aim to improve water security, enhance environmental […]
Global carbon dioxide emissions set to rise 0.8% over 2023, India’s contribution to go up 4.6% – EQ
In Short : Global carbon dioxide emissions are projected to rise by 0.8% in 2023, with India’s contribution increasing by 4.6%. This uptick is largely driven by higher energy demand and increased fossil fuel consumption in major economies. India’s rise in emissions is attributed to rapid economic growth, urbanization, and energy needs, despite efforts to […]
India’s Renewable Energy Sector Achieves Significant Growth – EQ
In Short : India’s renewable energy sector has seen significant growth, becoming one of the world’s largest markets for clean energy. The country has surpassed 175 GW of renewable energy capacity, driven by strong investments in solar, wind, and hydroelectric power. India is on track to meet its ambitious target of 500 GW of non-fossil […]
Tamil Nadu to Unveil First Tender for 500 MW Solar Project – EQ
In Short : Tamil Nadu is set to release its first tender for a 500 MW solar project, a significant step in expanding the state’s renewable energy capacity. The initiative aims to attract developers, boost solar power generation, and contribute to India’s renewable energy targets. This project aligns with the state’s efforts to reduce fossil […]
PGCIL issue Tender for 2500 MW HVDC terminals at Khavda Pooling Station for Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase V – EQ
PGCIL issue Tender for 2500 MW HVDC terminals at Khavda Pooling Station for Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase V For more information please see below link:
Ecozen plans to raise $75 mn to fuel growth, increase market presence – EQ
In Short : Ecozen, a renewable energy startup, plans to raise $75 million to fuel its growth and expand its market presence. The funding will support the company’s efforts to scale up its innovative solutions in solar energy, cold storage, and agriculture. Ecozen aims to enhance its technology offerings, strengthen operations, and widen its impact […]
India’s power sector set for robust growth amid renewable energy push – EQ
In Short : India’s power sector is poised for robust growth, driven by a strong push towards renewable energy. With ambitious targets for solar, wind, and other clean energy sources, the government aims to enhance energy security, reduce emissions, and create new jobs. Investments in green infrastructure, along with policy support, are expected to accelerate […]
COP 29 needs clear roadmap to encourage more bank lending for Renewable Energy – EQ
In Short : COP 29 needs a clear roadmap to encourage more bank lending for renewable energy (RE) projects. Financial institutions are crucial in driving the global energy transition, but lack of clear policies, high perceived risks, and limited incentives can hinder investment. A well-defined framework, including government-backed guarantees, risk-sharing mechanisms, and clearer regulatory guidelines, […]
Renewable energy offers a cost and opportunity to insurance sector – EQ
In Short : Renewable energy presents both challenges and opportunities for the insurance sector. As the industry expands into insuring renewable projects like solar, wind, and battery storage, insurers can tap into new markets. However, risks such as climate-related events and evolving pricing models pose challenges. Balancing growth in green energy with managing emerging environmental […]
India will develop complete solar manufacturing ecosystem in 4-5 years: Avaada Group – EQ
In Short : Avaada Group, a leading renewable energy player in India, has announced plans to develop a complete solar manufacturing ecosystem in the country within the next 4-5 years. The initiative aligns with India’s push for self-reliance in solar energy and reducing dependency on imports. Avaada aims to establish a robust supply chain, from […]