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REI 2024 Time- Indian Makers Move Centrestage

It’s time for another edition of REI, the 17th in fact, and perhaps a never before seen dominance of Indian firms. Starting from October 3 to end on the 5th, the show, at Greater Noida’s India Expo Centre is the premier renewables expo in India. Over the years, Informa Markets, the organisers, have added other, […]

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Details of Solar Tariff Moves at US, Turkey And South Africa

October has started on a protectionist note for the solar sector, with news of solar tariffs being imposed on imports by three key markets, with the most significant of course being the US market. Helping these moves is of course the slump in Chinese solar manufacturing prices. themselves a result of overcapacity. That has made […]

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550 MW Solar, 770 MW Hydro Projects Mark Reliance Group (Anil) Foray Into Bhutan

The Anil Ambani led Reliance Group has entered into a strategic partnership agreement with Druk Holding and Investments Ltd. (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering the investment in the renewable and green energy landscape of Bhutan. Bhutan, incidentally is one of the […]

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Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project

Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […]

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Avaada Announces ₹1L-cr Investment In Rajasthan’s Energy Transition

Indian renewable energy company Avaada Group has unveiled its ambitious plan to invest ₹1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its footprint in Rajasthan’s vast arid land. In a step forward, […]

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RERC Notifies Draft Green Energy Open Access Regulations 2024

Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […]

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India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity

India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […]

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H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56%

Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […]

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Vikram Solar Joins IPO Line, Files DRHP

Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […]

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