We’re all familiar with batteries. Whether we’re talking about disposable AAs in the TV remote, or giant facilities full of rechargeable cells to store power for the grid, they’re a part of our daily lives and well understood. However, new technologies for storing energy are on the horizon for grid storage purposes, and they’re very […]
India To Meet Half Of Its Energy Needs From Renewable By 2030: V K Saraswat – EQ Mag Pro
He was addressing the Norway-India Business Summit 2022 organized by CII in association with the Embassy of Norway India’s non-fossil energy capacity will reach 500GW by 2030 and the country shall meet half of its energy requirements through renewable energy, reducing the carbon intensity of its economy by less than 45 per cent, NITI Aayog […]
Share of round-the-clock plants to be over 5 per cent of renewable mix by 2025: CRISIL – EQ Mag Pro
The share of round the clock (RTC) plants1 in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. This will be driven by expected tariff reduction of nearly 12% over the next two fiscals and an ability to provide power at a pre-determined schedule — currently […]
Icra suggests long-term finance at low rates for power, renewables in budget – EQ Mag Pro
NEW DELHI: Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable as well as sustainable goals, rating agency Icra said as part of its pre-budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy […]
Invenergy Announces Approximately $3 Billion Investment from Blackstone Infrastructure Partners to Accelerate Renewable Development Activities – EQ Mag Pro
Blackstone’s commitment is one of the largest renewable investments in North American history Investment will provide significant capital to drive an accelerated build-out of Invenergy’s clean energy platform Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition CDPQ and Invenergy management remain majority owners […]
DuPont Expands Award-winning DuPont™ Delrin® Renewable Attributed Portfolio – EQ Mag Pro
Five new grades offer sustainable options for food and water contact applications, as well as medical devices DuPont : today announced the launch of five new grades of Delrin® Renewable Attributed acetal homopolymer resins, enabling customers to achieve their sustainability goals, especially those who manage strict regulatory compliance requirements. A recent R&D 100 Award winner […]
Introducing ‘Regenerative,’ the New Climate Buzzword – EQ Mag Pro
“Regenerative” is the new “sustainable.” Or maybe it’s the new “renewable” — whatever. It’s the latest ubiquitous catchword in climate speak. Solar companies are now tagging their business as “regenerative energy.” The building industry is buzzing about “regenerative concrete.” Tourism offices are trumpeting “a more regenerative way of thinking.” Economists are calling for new metrics […]
France to work with UAE on renewable and hydrogen projects -minister – EQ Mag Pro
French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” […]
Eni to Sell Stake in Gas&Power Retail, Renewable Unit in IP
Eni SpA will sell a minority stake of its Gas&Power retail and renewable businesses in an initial public offering. The Italian oil giant will keep a majority stake in the unit following the IPO which is expected to be completed in 2022, it said in a statement Thursday. Eni said in April it was reviewing […]
Iberdrola boosts renewable capacity with purchase of NSW solar project – EQ Mag Pro
Spanish energy giant Iberdrola has announced a significant expansion of its Australian renewables portfolio with the purchase of a 190MW solar project in New South Wales from RES. Iberdola has agreed to buy the Avonlie solar project (190MW ac, or 245MW dc) located south of Narrandera, in the state’s south west, with construction expected to […]
