In Short : Australian Prime Minister Anthony Albanese announced that Australia and India will enhance cooperation in the areas of renewable energy and defense. The two nations plan to collaborate on clean energy initiatives, focusing on technology sharing and infrastructure development, while also strengthening their defense ties to promote regional security and stability, reinforcing their […]
Impose Anti-Dumping Duty on Chinese Solar Glass, Else Industry will Die: Borosil to Govt – EQ
In Short : Borosil has urged the government to impose anti-dumping duties on Chinese solar glass, warning that the domestic industry faces severe threats. The company emphasizes that without protective measures, local manufacturers may struggle to survive against unfair competition. The call for action highlights the need to safeguard the Indian solar sector and promote […]
Tata Power inks MoU with Rajasthan Government for an investment plan of ~ ₹ 1.2 lakh crores in Power Distribution, Transmission, and Renewables – EQ
~ MOU covers developing Renewable Energy Projects, Solar Modules Manufacturing Plant, Solar Rooftops Installations, Transmission and Distribution projects, Nuclear Power Plant and EV Charging~ ~Landmark agreement aims to ensure 24/7 clean, affordable, and reliable power supply in the State. It is expected to generate 28,000 jobs in the next 10 years~ National : Tata Power, […]
RE-INVEST 2024: Rs 32.45 Lakh Cr Pledged for Renewables – EQ
In Short : At the RE-INVEST 2024 event, India’s renewable energy sector received a commitment of ₹32.45 lakh crore ($386 billion) in financing from banks and financial institutions. The funds will support India’s goal of achieving 500 GW of renewable energy capacity by 2030. Significant pledges from manufacturers and developers were also made, including 570 […]
Torrent Power commits to Rs 64,000 crore investment in renewables by 2030 – EQ
In Short : Torrent Power has committed to investing ₹64,000 crore in renewable energy by 2030. The company aims to significantly expand its clean energy portfolio, aligning with India’s broader push for sustainability and the transition to greener power sources. This investment is part of Torrent Power’s strategy to contribute towards the country’s renewable energy […]
BPCL Forms JVs With Sembcorp And GPS Renewables For Green Hydrogen, Biogas – EQ
In Short : Bharat Petroleum Corporation Limited (BPCL) has formed two joint ventures as part of its strategy to support India’s clean energy transition and achieve its net-zero goals. One JV with Sembcorp Green Hydrogen India will focus on renewable energy and green hydrogen projects, while the other JV with GPS Renewables will establish compressed […]
India needs Rs 30 lakh cr investment to achieve 500 GW renewables by 2030: Union Minister – EQ
In Short : India requires an investment of ₹30 lakh crore to achieve its target of 500 GW of renewable energy capacity by 2030, according to a statement by a Union Minister. This ambitious goal is part of India’s commitment to transitioning to clean energy, reducing carbon emissions, and meeting global climate commitments, while attracting […]
Electricity production sees 3.7% increase in May 2024, driven by renewables – EQ
In Short : In May 2024, electricity production in India saw a 3.7% increase, largely driven by renewable energy sources. This growth reflects the nation’s ongoing shift towards greener energy alternatives, with solar and wind power playing a significant role in boosting overall electricity generation. The increase underscores India’s commitment to expanding its renewable energy […]
India’s Reliance ready for next level of renewables-focused growth – EQ
In Short : India’s Reliance is poised for the next level of renewables-focused growth, aiming to expand its clean energy portfolio, reduce carbon emissions, and drive sustainable development across the country. In Detail : NEW DELHI/BENGALURU : Indian conglomerate Reliance Industries (RELI.NS), opens new tab is ready for its next stage of growth and aims […]
Budget 2024 expectations: Power sector decarbonisation hinges on renewables – EQ
In Short : Budget 2024 expectations emphasize that the power sector’s decarbonization hinges on renewables. Prioritizing investments in renewable energy infrastructure and technology is essential for reducing carbon emissions and achieving sustainable energy goals. In Detail : Budget 2024 expectations: For India to achieve its net-zero goal, the power sector will have to play a […]