In Short : Karnataka is advancing its renewable energy mission with plans to add 38 GW by FY35, nearly half by FY30. Key projects include the 2,050 MW Pavagada Solar Park and a 300 MW hybrid project in Gadag and Koppal. With a focus on solar, wind, and battery storage, Karnataka remains a frontrunner in […]
India Gears Up for 28 Million EVs by 2030 with Renewables and Storage in Focus – EQ
In Short : India is set to have over 28 million electric vehicles on the road by 2030, driven by rising demand, government incentives, and better infrastructure. Two-wheelers will dominate EV sales, followed by four-wheelers and commercial vehicles. To support this growth, India’s power capacity must nearly double, with a strong push for renewable energy […]
Renewables put India on track to decouple growth from emissions: RBI Study – EQ
In Short : India is on track to decouple economic growth from carbon emissions, driven by its expanding renewable energy sector, according to an RBI study. Rising investments in solar, wind, and other clean energy sources are helping reduce dependence on fossil fuels. This shift supports sustainable growth while aligning with India’s climate goals and […]
AI’s Energy Hunger Meets Renewables: How AI Training Centers Are Driving Demand for Green Power – EQ
In Short : Akshay Hiranandani, a prominent industry expert, highlighted that AI training centers are poised to become major customers for renewable energy companies. The massive computational power required for AI training demands significant energy, making sustainability crucial. Renewable energy firms can cater to this growing demand by providing clean, reliable power, aligning with global […]
Bihar Powers Ahead: 23% of Peak Demand Met by Renewables, Solar Expansion in Focus – EQ
In Short : Bihar now meets 23% of its peak power demand through renewables, primarily solar and hydropower. The state plans to expand solar energy by developing solar parks, promoting rooftop installations, and upgrading grid infrastructure. Aligned with India’s 500 GW renewable energy target by 2030, Bihar aims to enhance energy security, reduce emissions, and […]
Prime Minister Shri Narendra Modi addresses inaugural session of India Energy Week 2025 – EQ
In Short : Prime Minister Narendra Modi addressed India Energy Week 2025, highlighting India’s rise as a global energy leader. He emphasized clean energy growth, hydrocarbon exploration, and biofuel advancements. India targets 20% ethanol blending by October 2025 and expanding refining capacity. Modi reaffirmed India’s commitment to sustainable energy, urging global collaboration for a greener […]
Share of renewables in India’s energy mix to remain stable at 21 pc in FY25: Ind-Ra – EQ
In Short : According to India Ratings and Research (Ind-Ra), the share of renewable energy in India’s overall energy mix is projected to remain stable at 21% in the fiscal year 2025. This forecast reflects a consistent integration of renewable sources like solar and wind into the energy grid, aligning with the country’s ongoing efforts […]
Investment in renewables to quadruple to Rs 19 lakh crore between FY25 and FY30: Crisil – EQ
In Short : According to Crisil, investment in renewable energy in India is projected to quadruple to Rs 19 lakh crore between FY25 and FY30. This significant surge is driven by government initiatives, favorable policies, and increasing demand for clean energy. The growth will support India’s transition to a greener energy mix, boosting solar, wind, […]
JSW Energy completes acquisition of 125 MW renewables from Hetero group – EQ
In Short : JSW Neo Energy, a subsidiary of JSW Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Labs and Hetero Drugs. The wind projects, located in Andhra Pradesh and Maharashtra, were acquired for ₹630 crore. This acquisition supports JSW Energy’s goal of expanding its renewable capacity to 10 […]
Ministry of Power – YEAR END REVIEW-2024 – EQ
In Short : The Ministry of Power’s 2024 achievements include surpassing 420 GW installed capacity, with 175 GW from renewables, launching the Green Hydrogen Mission, and modernizing grids. Key initiatives ensured 24×7 rural power supply and reduced DISCOM losses under UDAY 2.0. Strengthened global ties and sustainability-focused reforms align with India’s net-zero 2070 target and […]