PM-Gati Shakti National Master Plan related to Renewable Energy. For more information please see below link:
Itochu to supply renewable energy to Meta in US, Amazon in Japan – EQ Mag
Japanese trading house Itochu Corp has agreed to supply wind-generated power to Meta Platforms in the United States and solar energy to Amazon in Japan, it said on Wednesday. Itochu would supply wind-generated power to Meta from the Texas-based Prairie Switch Wind project, set to have capacity of 160 megawatts when launched towards the end […]
Renewable Energy plus storage has the potential to lower DISCOM procurement costs in India – EQ Mag
India is well poised to become a USD 5 trillion economy by 2025 and the third largest economy in the world by 2027. India is also the 3rd largest global emitter of CO2 despite low per capita emissions. The installed power capacity in the country is over 400 GW as of December 2022. Out of […]
UP Global Investors Summit to see 34 sessions in 3 days; Renewable Energy in focus – EQ Mag
Lucknow : The Uttar Pradesh Global Investors Summit, beginning here on Friday, will see 34 sessions during the three-day event, including on investment, manufacturing, tourism and sustainable development. In a release on Thursday, the Uttar Pradesh government said of these 34 sessions, 10 sessions will be held on the first day, 13 sessions on the […]
NTPC Green Energy Limited signs MoU with HPCL for development of renewable energy-based projects – EQ Mag
The MoU envisages to collaborate for Development of grid connected and/ or off-grid Renewable Energy based Power Projects and/ or solutions to supply round the clock renewable energy NTPC Green Energy Limited (NGEL), and Hindustan Petroleum Corporation Limited (HPCL) have entered into Memorandum of Under Standing (MoU) for development of renewable energy-based projects in the […]
Steps by Government to promote renewable energy in the country – EQ Mag
National Green Hydrogen Mission targets a production capacity of 5 Million Metric Tonnes (MMT) per annum by 2030 Government announces certain components to achieve production of 5 MMT The Government has taken several measures to promote renewable energy in the country, including, inter-alia, the following:- Permitting Foreign Direct Investment (FDI) up to 100 percent under […]
Steps by Government of India to ensure availability of renewable energy at optimum cost for production of Green Hydrogen – EQ Mag
On 4th January 2023, the Union Cabinet approved the National Green Hydrogen Mission with an outlay of ₹ 19,744 crore. The Mission inter alia proposes to encourage indigenous competitive manufacturing of electrolysers by providing financial incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The Mission also proposes a comprehensive R&D programme inter […]
Government efforts to avail easy financing to renewable energy generating companies – EQ Mag
RBI includes bank loans up to a limit of ₹30 crore to finance such companies The Government is making efforts for availability of easy financing to renewable energy generating companies. Reserve Bank of India has included bank loans up to a limit of ₹30 crore to borrowers for purposes like solar based power generators, biomass-based […]
Government formulates several steps to promote renewable energy in the country – EQ Mag
Total of 174.53 GW capacity from non-fossil fuel based energy resources installed In line with Hon’ble Prime Minister’s announcement at COP26, Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non- fossil sources by 2030. So far, a total of 174.53 GW capacity from non-fossil fuel based […]
K’taka generates nearly 50% of country’s renewable energy: Bommai – EQ Mag
Speaking at “Indian Energy Week-2023” inaugurated by Prime Minister Narendra Modi here, Bommai said: “Karnataka is in the first place for generating nearly 50 per cent of the country’s total renewable energy. Now, the state is focusing on various kinds of storage, such as pump storage, for the collection of renewable energy.” BENGALURU : Stating […]