In Short : The Union Cabinet has approved a ₹20,000 crore investment plan for NTPC Ltd. to expand its renewable energy portfolio. The funds will be utilized through its subsidiaries and joint ventures to accelerate green energy projects across India. This move supports the nation’s clean energy goals and strengthens NTPC’s role in leading the […]
INOX Clean Energy Plans ₹6,000 Crore IPO to Fuel Green Growth Ambitions – EQ
In Short : INOX Clean Energy has filed a confidential draft red herring prospectus (DRHP) with SEBI for a proposed ₹6,000 crore initial public offering. The funds will support expansion and clean energy initiatives. Backed by the INOXGFL Group, the company focuses on green hydrogen and renewable energy. The IPO marks a significant step in […]
Bloom Energy Advances Green Hydrogen Ambitions in India with Innovative Microgrid Project – EQ
In Short : US-based Bloom Energy is advancing solid oxide electrolyzer cell (SOEC) technology in India, supporting the National Green Hydrogen Mission. Partnering with NTPC, Bloom is building India’s first green hydrogen microgrid in Visakhapatnam, integrating a floating solar farm and hydrogen fuel cells. The high-temperature SOECs improve efficiency, making green hydrogen production more viable, […]
BC Jindal Group enters RE component space, to invest ₹15K cr by 2030 – EQ
In Short : BC Jindal Group will invest ₹15,000 crore by 2030 to enter the renewable energy component space. Through its arm JIRE, it will set up solar PV manufacturing units in Maharashtra and Gujarat and develop 5 GW of renewable power. Around 40% of production will support its own projects, with the rest targeting […]
Advancing India’s Solar Energy Ambitions under the National Solar Mission – EQ
In Short : India is advancing its solar energy ambitions under the National Solar Mission, aiming to significantly increase its solar power capacity. This initiative focuses on scaling up solar installations, fostering innovation, and enhancing energy security. Through policy support, investments, and technological advancements, India seeks to position itself as a global leader in solar […]
UAE’s Ambitions For Global Sustainability – EQ Mag
As the UAE prepares to host the largest United Nations climate change conference, COP28, later this year, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan recently announced 2023 as the “Year of Sustainability” to emphasize the importance of sustainability in shaping a more prosperous future. This announcement signifies the UAE’s commitment to sustainable […]
