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Green Energy

Budget 2024: CareEdge Ratings Bats For More Support For Renewables

CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman.  CareEdge in its report talked about the need […]

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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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China Overcapacity ‘Overrated’, Say China Researchers

Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […]

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Alpex Solar Appoints Gaurav Bector As Global EPC Head

Listed Solar manufacturing and EPC firm Alpex Solar’s has plans to expand its footprint in overseas markets through its EPC business. To support this push, it has appointed  Gaurav Bector as the Global Head of EPC (Engineering, Procurement, and Construction). Gaurav was previously General Manager (ME&A) of Dubai based Qlite FZC and has over 30 […]

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Serentica’s 180 MW PV Plant Powers Hindustan Zinc Project In Rajasthan

Hindustan Zinc, an integrated zinc producer owned by the Vedanta Group, commenced the first phase of renewable energy integration from Serentica Renewables, the C&I-focused renewable energy firm in India. Renewable energy is being utilized for Hindustan Zinc’s operational business units in Rajasthan. This initiative aims to support the company in decarbonizing its operations. Hindustan Zinc […]

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REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects

REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […]

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Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC

Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC. The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring […]

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Godrej Electricals Commissions 12.5 MWp Solar Project In Madhya Pradesh

Godrej & Boyce’s commercial unit, Godrej Electricals & Electronics, recently commissioned a 12.5 MWp (Megawatt peak) rooftop solar project for a textile mill in Madhya Pradesh. This solar installation is part of one of the three large projects, which spans 1 million square feet of massive manufacturing sheds. This project would allow the textile plant […]

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