Thursday, July 25

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Industry Reacts to Budget 2024: Clean Energy Leaders Weigh In
Industry Updates, Must Read, RE Industry Updates

Industry Reacts to Budget 2024: Clean Energy Leaders Weigh In

The Union Budget 2024 has sent a strong signal with a slew of announcements and initiatives aimed at accelerating India's transition to a low-carbon economy. As the dust settles, industry leaders and experts are weighing in on the budget's implications for the clean energy sector. From the extension of customs duty exemptions on critical minerals to the push for pumped storage projects, the budget has sparked a mix of optimism and caution among stakeholders. In this article, we gather reactions from the clean energy industry, as they share their thoughts on the budget's impact on their businesses, the sector's growth prospects, and the road ahead for India's sustainable future. Amit Jain, Global Chief Executive Officer - Sterling and Wilson Renewable Energy Group As a leader in ...
Empowering the Future: Budget 2024’s Focus on Employment, Skilling, and Sustainable Growth
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Empowering the Future: Budget 2024’s Focus on Employment, Skilling, and Sustainable Growth

The Union Budget 2024 has been unveiled, and it's clear that the government is committed to driving economic growth, employment, and skilling opportunities for the nation's youth. The budget outlines a comprehensive plan to facilitate employment, skilling, and other opportunities for 4.1 crore youth over the next five years, with a central outlay of ₹2 lakh crore. This article will delve into the 13 key points that highlight the government's priorities and initiatives to achieve sustainable growth. Employment and Skilling The budget allocates ₹1.48 lakh crore for education, employment, and skilling, with a focus on upskilling 20 lakh youth over the next five years. To achieve this, 1,000 Industrial Training Institutes will be upgraded in hub and spoke arrangements, with course conte...
Anticipating Budget 2024: Industry Leaders Outline Key Expectations for Clean Energy and E-Mobility
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Anticipating Budget 2024: Industry Leaders Outline Key Expectations for Clean Energy and E-Mobility

As the Union Budget 2024-25 approaches, anticipation is mounting within the clean energy and e-mobility sectors. Industry leaders are eagerly awaiting policy announcements that could significantly drive forward the adoption of sustainable technologies in India. From enhancing financial support for electric vehicle (EV) adoption and expanding charging infrastructure, to providing incentives for local solar cell manufacturers and continuing robust subsidy schemes, the expectations are high. The following article summarizes the key expectations from various industry leaders, highlighting their insights and hopes for transformative initiatives in the upcoming budget. These perspectives shed light on the critical areas where government action can accelerate India’s journey towards a greener, m...
Panasonic Partners with State Bank of India to Provide Financing to Its Solar Customers
Must Read, RE Industry Updates

Panasonic Partners with State Bank of India to Provide Financing to Its Solar Customers

Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar energy sector, is excited to announce a new partnership with the State Bank of India (SBI), one of India’s most renowned financial institutions. This strategic alliance aims to support the Indian government's ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses. The collaboration between Panasonic and SBI will provide attractive financing options to customers interested in solar energy and help in smoother adoption. This initiative is designed to break down financial barriers, making the transition to sustainable energy more feasible and appealing. The company is targeting specific regions with h...
Emmvee Shines as Only Indian Manufacturer to Lead in All Categories of Kiwa PVEL PQP Testing, One of fourth Worldwide
Must Read, RE Industry Updates

Emmvee Shines as Only Indian Manufacturer to Lead in All Categories of Kiwa PVEL PQP Testing, One of fourth Worldwide

Emmvee Group has proudly distinguished itself as the only Indian manufacturer to be a top performer across all categories in the prestigious Kiwa PVEL PQP testing for 2024. This extraordinary accomplishment places Emmvee among an elite group of just four companies worldwide to achieve such a comprehensive level of excellence. Kiwa PVEL’s rigorous PQP (Product Qualification Program) testing evaluates photovoltaic (PV) modules across seven critical categories: PAN testing, LID + LETID testing, Potential Induced Degradation (PID) testing, Hail Stress Sequence testing, Mechanical Stress Sequence testing, Damp Heat testing, and Thermal Cycling testing. Emmvee’s PV modules excelled in every single category, showcasing their superior performance and reliability. On this momentous achieveme...
GWEC India Appoints Suzlon’s Girish Tanti as New Chair
Must Read, RE Industry Updates

GWEC India Appoints Suzlon’s Girish Tanti as New Chair

As Global Wind Day is celebrated across the world, GWEC India is delighted to announce Mr. Girish Tanti, Vice-Chairman of Suzlon Group, has been appointed as the Chair. The position plays a key role in driving GWEC India’s work with national and state government’s that assist government and industry’s efforts for building the right momentum and establishing policy frameworks that will ensure India delivers on its enormous wind energy and supply chain potential, both onshore and offshore. Mr. Tanti steps up to the position to take a dual role with GWEC, having assumed the position of Vice-Chair with the Global Wind Energy Council earlier this year. As the world’s fourth biggest wind market, with 46 GW of onshore wind and one of the world’s most prominent wind energy manufacturing hubs, ...
Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition
Must Read, RE Industry Updates

Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition

Radiance Renewables, a leading renewable energy developer in India, and InfraCo Asia, a company under the Private Infrastructure Development Group (PIDG), have announced the formation of Radiance InfraCo Renewables Private Limited. This joint venture aims to develop greenfield renewable energy projects for Commercial and Industrial (C&I) clients, helping them meet sustainability goals and significantly reduce carbon emissions. With a strong focus on solar and potential wind-solar hybrid projects, Radiance InfraCo Renewables is set to avoid approximately 165,000 tons of CO2 equivalent emissions annually, contributing to UN Sustainable Development Goals including Affordable and Clean Energy, Climate Action, and Gender Equality. The venture promises to uphold international ESG standar...
Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois
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Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois

Waaree Energies Limited, a leading global renewable energy company, has announced it has successfully supplied 850 MW solar PV modules for projects under development in the U.S. by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement in which Waaree – a major provider to the U.S. market - will supply another 1.5 GW of solar modules to Acciona for additional U.S. projects from 2024-2026. In supplying 850 MW solar PV modules, Waaree delivered its monocrystalline passivated emitter and rear cell panels for four major solar projects: 56 MW in Fort Bend (Texas); 129 MW in High Point (Illinois); 288 MW in Union (Ohio); and 375 MW in Red...
CHARGE+ZONE unveils India’s First Ever 360KW SuperCharging Station, adds to its ever-growing high speed EV charging Network
EV Industry Updates, EV Updates, Must Read

CHARGE+ZONE unveils India’s First Ever 360KW SuperCharging Station, adds to its ever-growing high speed EV charging Network

CHARGE+ZONE, India's fastest growing EV charging company, today announced the launch of India's first-ever SuperCharging Network, pioneering comprehensive solutions for high-speed EV charging. This network strategically places superchargers on major highways and within city centers, offering amenities such as washrooms, restaurants, and shopping facilities. Additionally selected stations also incorporate solar panels on canopies for sustainability. The first supercharging stations are set to become operational in Mumbai and CCD, Vellore in November 2023. These stations are equipped with 180 KW dual gun chargers and 360 KW power cabinets, which include a groundbreaking feature: four guns that can deliver 60 KW each at 200 Amp, and one gun that can deliver 500 A (DC) current with liquid ...
Trina Solar and Australia’s Solar Juice Sign MoU for Modules Totalling 1GW
International Updates, Must Read

Trina Solar and Australia’s Solar Juice Sign MoU for Modules Totalling 1GW

Trina Solar,the world’s leading PV and smart energy total solutions provider, has signed a memorandum of understanding (MoU) with Australian solar wholesale distributor Solar Juice. Under the agreement, Solar Juice will purchase 1GW of Trina Solar Vertex modules over a three-year period, representing a significant proportion of residential and commercial solar capacity going into the Australian market. Trina Solar will make available to Solar Juice its full range of Vertex N modules for Australian residential and commercial projects. The modules include the: -Vertex S+ NEG9R.28 andNEG9RC.27; 450W+ mono-facial modules designed primarily for residential - Vertex NEG18R.28, a 500W+ n-type i-TOPCon dual-glass module, specifically designed for commercial & industrial (C&I) ...