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What The Green Industries Said About Budget 2024?

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […]

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Budget 2024: Govt Imposes New Customs Duty On Solar Glass

Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […]

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Gujarat: Gensol Bags Rs 600cr Order From PGVCL For PV Project

Gensol Engineering won the bid for 116 MW (150 MWp) of solar projects in Gujarat with an estimated revenue of around Rs 600 crore. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Company Ltd.(PGVCL), the state electricity distribution company. Gensol Engineering is a Gujarat-based solar power […]

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Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report

Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […]

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BluPine Energy Secures Financial Closure For Gujarat Solar Project

BluPine Energy, a renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam Limited (GUVNL). It was achieved through securing debt financing from State Bank of India (SBI). The […]

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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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IEA Task Force Develops BIPV Toolkit To Make Evaluation Simpler

One of the more obvious, but less appreciated fact about the world in 2050 is that possibly 60% of the building stock of 2050 is yet to be built. For Solar, that figure might be closer to 80% or more for 2035. That makes a case for evaluating new technologies and their impact with a […]

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Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal

Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […]

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HYLENR Uses Cold Fusion Technology To Generate Clean Energy

Hyderabad-based Startup HYLENR’s built cold fusion technology to generate clean energy. This innovation received a patent from the government of India for its low-energy nuclear reactor technology. HYLENR’s low-energy nuclear reactor can serve as an alternative for power generation, by amplifying input electricity to produce heat for Space Applications (MMRTG), Steam generation for multiple applications, […]

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