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News In Brief July 23: Coal India Gets Graphite Block, PowerCo & QuantumScape, JA Solar And Solarpro

Coal India Secures First Graphite Block In Green Energy Push Coal India Limited (CIL) secured its first critical mineral asset, a graphite block, in Madhya Pradesh. Acquiring a graphite asset position, Coal India emerged as the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district, Madhya Pradesh. The state-owned, Coal India Limited […]

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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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Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW

Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […]

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SolarPower Europe Sets Unified Cybersecurity Standards For PV

Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […]

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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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RAYS Power Announces Subsidiary for GW-Scale Solar PV Manufacturing

RAYS Power Infra, a leading name in the renewable energy sector announced the establishment of a wholly owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. The new subsidiary will focus on setting up large-scale manufacturing facilities, and the company is currently evaluating […]

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Torrent Power, ARS Steel Collaborate To Build 50 MW Solar Project In Tamil Nadu

Torrent Power subsidiary TU14 recently signed a share subscription and shareholders’ Agreement (SSSA) with ARS Steels & Alloy International Private Limited. This agreement was signed between Torrent Power Limited, ARS Steels & Alloy International Private Limited and Torrent Urja 14 Private Limited (TU14). Torrent Power announced the signing of share subscription and shareholders’ agreement amongst […]

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Waaree Renewable Tech Bags 335 MW EPC Order From Acciona Energy

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, India’s largest manufacturer of solar PV modules, has been awarded the Engineering, Procurement, and Construction (EPC) contract for ACCIONA Energy’s subsidiary Juna Renewable Energy Private Limited’s 412.5 MWp/335 MW photovoltaic project in Rajasthan. The project, located in Kawani Village, Bikaner district, is a utility-scale solar […]

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